Twamev Construction & Infrastructure Limited (TCIL) has reported a significant change in its promoter shareholding. Promoter Ravi Todi plans to sell 8,00,000 equity shares, representing 0.52% of the total paid-up capital, through the open market within 7 trading days.

Transaction Details

The planned sale aims to achieve Minimum Public Shareholding requirements as mandated by SEBI regulations. Todi has provided an undertaking not to purchase shares during the sale period.

Shareholding Impact

The proposed change in Todi's stake can be summarized as follows:

Regulatory Compliance

This divestment is in line with SEBI regulations for achieving Minimum Public Shareholding. The exact details of the shareholding impact will be available after the completion of the sale.

Company Overview

Twamev Construction & Infrastructure Limited's total issued and paid-up equity share capital consists of 15,50,00,000 equity shares with a face value of Re. 1 each.

This planned transaction highlights ongoing changes in the promoter holding structure of TCIL, which may be of interest to investors and market analysts tracking the company's ownership patterns and potential market implications.

Twamev Construction & Infrastructure is set to witness a significant change in its shareholding structure as promoter Ravi Todi plans to divest a substantial portion of his stake through an offer for sale (OFS) mechanism.

Key Details of the Offer for Sale

Purpose and Compliance

The primary objective of this stake sale is to achieve compliance with the minimum public shareholding norms prescribed by the Securities and Exchange Board of India (SEBI). These regulations are designed to ensure a wider distribution of shares among public investors and enhance market liquidity.

OFS Mechanism

The offer for sale will be conducted through a separate window on the stock exchange:

• T-day (November 18, 2025): Open for non-retail investors
• T+1 day (November 19, 2025): Open for retail investors

This staggered approach allows different categories of investors to participate in the offer, potentially broadening the shareholder base of the company.

Impact on Shareholding

Upon successful completion of the OFS, Twamev Construction & Infrastructure's public shareholding is expected to increase, bringing the company closer to or in line with SEBI's prescribed norms for minimum public shareholding.

Investors and market participants are advised to monitor official company announcements for any updates or changes to the terms of this offer for sale.