Twamev Construction & Infrastructure Limited (TCIL) has reported a significant change in its promoter shareholding. Ravi Todi, a key promoter of the company, has reduced his stake through an Offer for Sale (OFS) via the stock exchange mechanism.

Transaction Details

The transaction, which took place on November 18-19, 2025, involved the disposal of 7,18,218 shares, representing a 0.46% stake in the company. Following this sale, Todi's shareholding in TCIL has decreased from 32.40% to 31.94%.

Shareholding Impact

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

Regulatory Compliance

In compliance with regulatory requirements, Ravi Todi has submitted the necessary disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, and Regulation 7(2) of Prohibition of Insider Trading 2015.

Company Overview

Twamev Construction & Infrastructure Limited is listed on both the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE). The company'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 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.