Twamev Construction & Infrastructure disclosed that its promoter group reduced its stake by selling 90,800 equity shares in September 2026. The transaction totalled ₹6.4 lakh.

M/s Upendra Singh Constructions Private Limited executed the sale during the second week of September 2026. The company stated it received no prior intimation regarding the trade. Instead, the disclosure emerged from a routine benpos check conducted by the Compliance Officer.

Transaction Details

The share sale accounted for a 0.06% change in the promoter group's holding. The total consideration received was ₹6,40,140. The company notified the exchanges pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015 and SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Regulatory Context

The filing cites Regulation 7(2)(b) of the SEBI (PIT) Regulations, 2015 as the basis for the intimation. Neha Saraf, Company Secretary, digitally signed the disclosure on September 21, 2026. The company noted this is a good governance measure.

Twamev Construction & Infrastructure reported a standalone net profit of ₹910 lakh for the financial year ended March 31, 2026, a significant decline from the ₹5,561 lakh recorded in FY25. The company's total revenue dropped 58% year-on-year to ₹6,855 lakh, reflecting a strategic shift towards operational consolidation rather than aggressive top-line expansion.

The Board of Directors has scheduled the 61st Annual General Meeting (AGM) for September 22, 2026, to be conducted via Video Conferencing. Shareholders will consider the reappointment of M/s. J Jain & Co. as statutory auditors for a four-year term and the ratification of remuneration for cost auditors.

Financial Performance

The company's revenue from operations stood at ₹6,745 lakh in FY26, down from ₹8,486 lakh in the previous year. Total revenue, which includes other income, fell sharply due to a drop in non-operating gains. Other income declined to ₹110 lakh from ₹7,903 lakh in FY25, primarily driven by the absence of large one-time arbitration-related income recognized in the prior period.

Operating expenses remained relatively stable. Contract operating expenses rose to ₹4,885 lakh from ₹2,935 lakh, while employee benefit expenses decreased slightly to ₹602 lakh from ₹640 lakh. Finance costs were contained at ₹73 lakh, down from ₹211 lakh in FY25.

What the Numbers Show

The sharp contraction in net profit is largely attributable to the absence of exceptional items that boosted the previous year's results. In FY25, the company recognized an exceptional income of ₹4,433 lakh, whereas FY26 recorded an exceptional loss of ₹72 lakh. This divergence highlights that the core operational profitability, while lower in absolute terms, is less volatile than the headline net profit figures suggest. The decline in other income, specifically interest on arbitration awards, further underscores the normalization of earnings after the one-time legal settlements of the prior year.

Corporate Governance and AGM

The upcoming AGM will address several key governance matters. Mr. Shrish Tapuria retires by rotation and offers himself for reappointment as a Non-Executive Director. The meeting will also see the reappointment of M/s. J Jain & Co. as statutory auditors until the conclusion of the 65th AGM in 2030.

Additionally, shareholders will ratify the remuneration of M/s. S. Chhaparia & Associates as Cost Auditors for FY27. The fee for this service is fixed at ₹75,000 plus applicable taxes and out-of-pocket expenses.

Operational Outlook

Management emphasized that the current phase is focused on strengthening internal systems, improving project governance, and enhancing financial controls. The company aims to pursue sustainable business opportunities selectively, prioritizing risk-adjusted returns over volume growth. With a strengthened balance sheet and reduced financial costs, the company positions itself to capitalize on long-term infrastructure opportunities in India.