Twamev Construction and Infrastructure Limited disclosed that members of its promoter group divested equity shares in June 2026 to comply with Minimum Public Shareholding (MPS) norms. The transactions involved Mr. Shrish Tapuria and M/s Upendra Singh Constructions Private Limited, reducing their combined holdings. The sales were conducted through the open market on BSE Limited and National Stock Exchange of India Limited pursuant to SEBI regulations.

Mr. Shrish Tapuria sold 9,75,000 equity shares for ₹1,43,61,750 on June 30, 2026. This sale reduced his stake from 5.26% to 4.63% of the total paid-up share capital. Separately, M/s Upendra Singh Constructions Private Limited sold 16,52,777 equity shares, representing 1.07% of the share capital, between June 10, 2026, and June 30, 2026. The total consideration for this transaction was not immediately available.

Details of Share Transactions

The following table outlines the specifics of the equity shares divested by the promoters:

Holding Post-Transaction

Following the divestment, Mr. Shrish Tapuria holds 71,72,260 equity shares, constituting 4.63% of the paid-up capital. M/s Upendra Singh Constructions Private Limited holds 1,71,12,940 equity shares, or 11.04% of the share capital. The company's total equity share capital remains 15,50,00,000 equity shares of Re. 1 each. The disclosures were submitted by the Company Secretary, Neha Saraf, to ensure adherence to regulatory provisions including the SEBI (Prohibition of Insider Trading) Regulations, 2015.

Jasodeb Chakraborty has resigned as the Chief Executive Officer of Twamev Construction and Infrastructure Limited effective from the close of business hours on June 30, 2026, due to ill health and ongoing medical issues. The Board of Directors accepted the resignation, necessitating the completion of statutory and regulatory formalities under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

In his resignation letter dated June 30, 2026, Chakraborty stated that his medical condition requires immediate attention, preventing him from discharging his duties effectively. He expressed gratitude to the Board, management, and colleagues for their support and requested that the necessary steps be taken to formalize the departure.

Key Details of the Resignation

The disclosure was submitted to BSE Limited and National Stock Exchange of India Limited by Neha Saraf, Company Secretary. The company is expected to initiate the process for appointing a new CEO to fill the vacancy created by this departure.