Twamev Construction & Infrastructure Limited (formerly known as Tantia Constructions Limited) has successfully passed a special resolution through postal ballot, approving the appointment of Ms. Suparna Chakrabortti (DIN: 07090308) as an Independent Director of the Company for a term of five years. The voting results and consolidated scrutinizer report were submitted to the stock exchanges on May 14, 2026, in compliance with Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Postal Ballot Process and Timeline

The postal ballot notice was dated March 28, 2026, and the record date for determining eligible shareholders was Friday, April 3, 2026, on which a total of 15,653 shareholders were on record. The e-voting facility, provided by Central Depository Services (India) Limited (CDSL), was open from Tuesday, April 14, 2026 at 9:00 A.M. (IST) through Wednesday, May 13, 2026 up to 5:00 P.M. (IST). Upon closure of the e-voting window, the CDSL voting portal was blocked, and votes were unblocked in the presence of two independent witnesses.

Mr. Mohan Ram Goenka (FCS No. 4515, CP No. 2551), Partner of M/s MR & Associates, Practicing Company Secretaries, was appointed as the Scrutinizer by the Board of Directors to oversee the postal ballot process in a fair and transparent manner. The scrutinizer's report was issued to the company on May 14, 2026.

Voting Results: Special Resolution

The sole resolution put to vote sought approval for the appointment of Ms. Suparna Chakrabortti as an Independent Director for a period of five years. A total of 84 members participated through the remote e-voting platform. The following table summarises the overall voting outcome:

The resolution was passed with the requisite majority, with 99.9930% of votes cast in favour.

Category-Wise Voting Breakdown

The detailed voting data across shareholder categories is presented below:

There were zero invalid votes across all shareholder categories. The Promoter and Promoter Group voted entirely in favour, while Public Institutional shareholders also cast all votes in favour. Among Public Non-Institutional shareholders, 81.1275% of votes polled were in favour and 18.8725% were against.

Compliance and Certification

The scrutinizer certified that the special resolution, as contained in the postal ballot notice dated March 28, 2026, was passed with the requisite majority. The voting results were submitted to BSE Limited and the National Stock Exchange of India Limited on May 14, 2026, in accordance with Regulation 44(3) of the SEBI Listing Regulations. All relevant records of the voting process maintained in electronic mode are to be handed over to the Chairperson or Company Secretary for safe preservation as per the provisions of the Companies Act, 2013. The filing was signed by Neha Saraf, Company Secretary (Membership No. A52479), on behalf of Twamev Construction and Infrastructure Limited.

Twamev Construction and Infrastructure Limited has announced disciplinary measures against a promoter group member following an insider trading violation during the quarter ended 31st March, 2026. The board of directors convened on 30th April, 2026, to address the unauthorized transaction and implement corrective actions in line with regulatory requirements.

Trading Window Violation Details

The violation involved M/s Upendra Singh Construction Private Limited, a member of the promoter group, who executed a sale of equity shares during the closure of the trading window for the quarter ended 31st March, 2026. This transaction contravened the company's Code of Conduct for Prevention of Insider Trading and applicable regulatory frameworks.

Board's Disciplinary Response

Following deliberation on the circumstances surrounding the unauthorized trade, the board of directors has implemented a comprehensive disciplinary approach. The company has issued a formal warning to the concerned promoter group member and imposed additional trading restrictions to prevent future violations.

Regulatory Compliance Commitment

The board has emphasized its commitment to ensuring strict adherence to all applicable laws, regulations, and internal policies governing trading in securities. This action demonstrates the company's proactive approach to maintaining regulatory compliance and corporate governance standards. The board has committed to ensure strict adherence to all applicable laws, regulations and internal policies governing trading in securities.

Official Communication Timeline

The board meeting addressing this matter commenced at 04:00 p.m. and concluded at 06:00 p.m. on 30th April, 2026. The company secretary, Neha Saraf, digitally signed the official communication at 18:00:32 on the same date, ensuring prompt disclosure to both BSE Limited and National Stock Exchange of India Limited.

This incident highlights the importance of strict compliance with insider trading regulations and the company's commitment to maintaining transparency in its corporate governance practices.