Promoter Tarun Chaturvedi has released a pledge on 1,20,07,607 equity shares in twamev construction & infrastructure during the financial year 2025–26. The disclosure was made to the stock exchanges on April 3, 2026, under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The release of the pledge reduces the encumbrance risk associated with the promoter's holding, which is a positive signal for the company's governance standards.

Chaturvedi confirmed that there are no other encumbrances, directly or indirectly, on the shares held by him during the financial year ended March 31, 2026. The filing included a detailed statement of shareholding for Chaturvedi and Persons Acting in Concert (PACs). The combined group holds a significant majority stake in the company, with no shares currently reported as encumbered.

Shareholding Details

The total shareholding of Tarun Chaturvedi and his PACs stands at 13,02,98,301 equity shares, which constitutes 84.08% of the total paid-up share capital of the company. The list of PACs includes Ravi Todi, Sarika Todi, Shrish Tapuria, Vijay Laxmi Tapuria, Ravi Todi HUF, Ravi Todi Family Trust, GEO Infrastructure Advisory LLP, Nadia Security Printing and Stationery Co. Pvt Ltd., and Upendra Singh Constructions Pvt Ltd.

The following table details the shareholding pattern as on March 31, 2026:

The disclosure was addressed to the Chairperson of the Audit Committee of Twamev Construction and Infrastructure Limited and copied to the Company Secretary. The company was formerly known as Tania Constructions Limited.

Twamev Construction and Infrastructure Limited returned to profitability in the financial year ended March 31, 2026, reporting a net profit of ₹910 lakh. This turnaround compares to a net loss of ₹5,236 lakh recorded in the previous year. Revenue from operations for the year stood at ₹6,745 lakh, a decrease from the ₹8,486 lakh reported in FY25. The company’s Board of Directors approved the audited financial results for both standalone and consolidated entities during a meeting held on May 29, 2026. The company published these audited financial results in Business Standard and Arthik Lipi on May 29, 2026, in compliance with Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The statutory auditors, M/s J Jain & Co., issued a modified opinion on the consolidated financial results. The modification was primarily due to qualifications in the audit reports of subsidiaries, Tantia Infrastructure Private Limited and Tantia Raxaultollway Private Limited. Specific issues included a loan of ₹543.83 lakh to a non-banking finance company where no interest income was considered, and an abandoned project where arbitration claims of ₹98,618 lakh are pending against the National Highway Authority of India (NHAI). The auditors noted that no adjustments were made in the books of accounts pending the outcome of these proceedings. Additionally, Tantia Raxaultollway Private Limited had not made provisions for interest on facilities that became Non-Performing Assets (NPA) from April 1, 2018, nor for a claim of ₹38,510 lakh received from an EPC contractor.

In its standalone financial results, the company reported other income of ₹110 lakh for the year, a sharp decline from ₹7,903 lakh in the previous year. This decrease was attributed to the absence of income from arbitration awards, which had contributed ₹7,795 lakh in FY25. Additionally, the company noted that it had not accounted for ₹8 lakh in rental income for its RMC plant at Guwahati for the period from January to March 2026. The auditors highlighted that the standalone profit was understated by ₹32 lakh due to cumulative unaccounted rental income.

The Board also approved the re-appointment of M/s VG Advisors as the internal auditor and M/s S. Chhaparia & Associates as the cost auditor for the financial year 2026-27. The company is currently in the process of settling a resolution plan amount of ₹21 crore, subject to the account status being upgraded from Non-Performing Asset (NPA) to Standard, as per an NCLT Kolkata order dated July 14, 2024.

Standalone Financial Performance (FY26)

The company’s total assets stood at ₹62,233 lakh as of March 31, 2026, while total equity amounted to ₹46,479 lakh. The auditors emphasized that the financial results were prepared in compliance with Indian Accounting Standards (Ind-AS) and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.