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.

Twamev Construction & Infrastructure Limited (formerly known as Tantia Constructions Limited) has announced a significant increase in the value of its existing railway contract with East Coast Railway. The company disclosed this information in compliance with SEBI listing regulations regarding material contract variations.

Contract Details

The revised contract, now valued at Rs 77.98 crore, represents a 24.57% increase from the original amount.

Scope of Work

The contract encompasses the following construction projects:

1. Construction of flyover bridges and major bridges between Haridaspur and Chadikhol of Haridaspur-Paradeep Line
2. Construction work between Siju and Paradeep coaching yard under KUR Division

Project Timeline

• Original Letter of Acceptance Date: September 18, 2023
• Completion Date: June 30, 2026

This contract enhancement underscores Twamev Construction's growing presence in the railway infrastructure sector and its ability to secure additional work within existing projects.

Upcoming Financial Results

In a separate announcement, Twamev Construction has scheduled a Board of Directors meeting for November 12, 2025, to consider and approve the un-audited financial results for the quarter ended September 30, 2025. The company has implemented a trading window closure from October 1, 2025, which will reopen 48 hours after the announcement of the financial results to the stock exchanges.

Investors and stakeholders should note that this contract value increase and the upcoming financial results may provide insights into the company's operational and financial performance for the current fiscal year.