Twamev Construction & Infrastructure Limited (TICL) has announced a significant development involving one of its key promoters. Tarun Chaturvedi, a promoter of the company, has pledged 1.60 crore equity shares to Jaswik Traders Private Limited on August 14, 2025. This move is aimed at securing a loan against securities facility to meet the working capital needs of the company.

Details of the Pledge

The pledged shares represent 10.32% of Twamev Construction's total share capital. Following this transaction, Chaturvedi's unencumbered shareholding has decreased from 16.33% to 6.01%. However, his total holding, including the pledged shares, remains unchanged at 16.33%.

Impact on Shareholding

Purpose and Implications

The creation of this pledge is part of a financing agreement to secure working capital facilities for Twamev Construction & Infrastructure Limited. This move suggests that the company is leveraging its promoter's shareholding to access additional funds, potentially to support its ongoing operations or expansion plans.

Regulatory Compliance

The company has made the necessary disclosures in compliance with SEBI regulations, including:

• Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011
• Regulation 29(2) of SEBI (SAST) Regulations, 2011

These disclosures ensure transparency regarding the changes in the promoter's shareholding structure and the creation of the pledge.

Company Information

Twamev Construction & Infrastructure Limited, formerly known as Tantia Constructions Limited, is listed on both the BSE and NSE. The company's registered office is located in Salt Lake City, Kolkata.

This development highlights the ongoing financial activities within Twamev Construction & Infrastructure Limited, as the company utilizes its promoter's shareholding to secure additional working capital. Investors and market watchers will likely monitor how this influx of funds impacts the company's operations and financial performance in the coming months.

Tilaknagar Industries Limited , a prominent player in the Indian spirits industry, has released its unaudited financial results for the first quarter. The company has shown improvement in its top-line performance while narrowing its losses compared to the same period last year.

Financial Highlights

• Revenue Growth: Tilaknagar Industries reported total income from operations of Rs. 850.01 lakhs for Q1, marking a significant increase from Rs. 760.15 lakhs in the corresponding quarter of the previous fiscal year. This represents a year-on-year growth of approximately 11.82%.

• Net Loss Reduction: The company's net loss for the quarter stood at Rs. 1,174.75 lakhs, showing a substantial improvement from the net loss of Rs. 2,179.58 lakhs reported in Q1 of the previous year. This indicates a reduction in losses by about 46.10% year-on-year.

Key Financial Metrics

Industry Context

The Indian alcoholic beverages industry has been facing challenges due to regulatory changes and market dynamics. Tilaknagar Industries' ability to grow its revenue in this environment indicates potential market share gains or successful product strategies.

Looking Ahead

As Tilaknagar Industries continues to navigate the competitive spirits market, investors and industry observers will be watching closely to see if the company can sustain its revenue growth and further reduce its losses in the coming quarters.

The company's performance in subsequent quarters will be crucial in determining whether this positive trend can lead to profitability in the near future.

Investors are advised to consider the full financial report for a comprehensive understanding of Tilaknagar Industries' financial position and future prospects.