Twamev Construction and Infrastructure Limited Applies for Promoter Reclassification to Public Shareholders

1 min read     Updated on 28 Jan 2026, 12:10 PM
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Overview

Twamev Construction and Infrastructure Limited has applied to BSE and NSE for reclassification of five promoter and promoter group entities to public shareholders under SEBI regulations. The reclassification involves two individual promoters and three promoter group companies, approved by the Board on 27th May, 2025, pursuant to a Resolution Plan under the Insolvency and Bankruptcy Code, 2016.

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Twamev Construction and Infrastructure Limited has informed stock exchanges about its application for reclassification of promoters and promoter group entities to public shareholders under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was made on 28th January, 2026, in compliance with Regulation 31A(8) read with Regulation 30 and Part A of Schedule III of SEBI (LODR) Regulations, 2015.

Entities Proposed for Reclassification

The company has requested reclassification of five entities from promoter and promoter group categories to public shareholders. This reclassification is being pursued pursuant to a Resolution Plan approved under Section 31 of the Insolvency and Bankruptcy Code, 2016.

Entity Type: Name
Promoter Mr. Ishwari Prasad Tantia
Promoter Mr. Rahul Tantia
Promoter Group M/s Nigolice Trading Private Limited
Promoter Group M/s EDCL Infrastructure Limited
Promoter Group M/s Tantia Financial Services Limited

Board Approval and Regulatory Compliance

The Board of Directors considered and approved the reclassification request at their meeting held on 27th May, 2025. The approval is subject to compliance with applicable provisions of SEBI (LODR) Regulations, 2015 and other applicable laws. Following the board approval, the company has formally submitted an application to both BSE Limited and National Stock Exchange of India Limited for the proposed reclassification.

Stock Exchange Communication

The company communicated this development to both major stock exchanges where its shares are listed. The disclosure was sent to BSE Limited, where the company trades under scrip code 532738, and to the National Stock Exchange of India Limited, where it is listed under the symbol TICL. The communication was signed by Company Secretary Neha Saraf and includes the company's official stamp.

Regulatory Framework

This reclassification process falls under Regulation 31A of SEBI (LODR) Regulations, 2015, which governs the reclassification of promoters to public category. The disclosure requirement under Regulation 31A(8) ensures transparency in such corporate restructuring activities. The company emphasized that this disclosure is being made in strict compliance with the applicable SEBI regulations to keep all stakeholders informed about the proposed changes in shareholding classification.

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Twamev Construction and Infrastructure Limited Schedules Board Meeting for January 31, 2026 to Consider Q3FY26 Financial Results

1 min read     Updated on 22 Jan 2026, 01:35 PM
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Reviewed by
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Overview

Twamev Construction and Infrastructure Limited has scheduled its Board of Directors meeting for January 31, 2026, to consider and approve Q3FY26 unaudited financial results for the quarter ended December 31, 2025. The meeting will review both standalone and consolidated financial statements. The company's trading window, closed since January 1, 2026, will reopen 48 hours after financial results announcement, ensuring compliance with SEBI insider trading regulations.

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Twamev Construction & Infrastructure Limited has announced a board meeting scheduled for January 31, 2026, to consider and approve the company's unaudited financial results for the third quarter of fiscal year 2026. The meeting will focus on reviewing financial performance for the quarter ended December 31, 2025.

Board Meeting Details

The Board of Directors will convene on Saturday, January 31, 2026, with the primary agenda being the consideration, approval, and recording of the company's unaudited financial results. The meeting will cover both standalone and consolidated financial statements for Q3FY26.

Meeting Details: Information
Date: January 31, 2026
Purpose: Q3FY26 Unaudited Financial Results
Quarter Ended: December 31, 2025
Scope: Standalone and Consolidated Results

Trading Window Restrictions

In accordance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's Code of Conduct for Designated Persons, Twamev Construction has implemented trading window restrictions. The trading window for the company's equity shares has been closed since January 1, 2026.

The trading window will reopen 48 hours after the company announces its financial results to the stock exchanges where its shares are listed. This measure ensures compliance with insider trading regulations and maintains market integrity during the financial disclosure period.

Regulatory Compliance

The announcement serves as compliance with Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has formally notified both BSE Limited and National Stock Exchange of India Limited about the scheduled board meeting.

Exchange Details: Information
BSE Scrip Code: 532738
NSE Symbol: TICL
Regulation: SEBI LODR Regulation 29

The company, formerly known as Tantia Constructions Limited, maintains its registered office in Kolkata and operates from multiple locations including corporate offices in Kolkata and Delhi. The formal communication was signed by Company Secretary Neha Saraf on January 22, 2026.

Historical Stock Returns for Twamev Construction & Infrastructure

1 Day5 Days1 Month6 Months1 Year5 Years
-0.76%-1.52%-5.47%-31.77%-54.93%-35.19%
Twamev Construction & Infrastructure
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1 Year Returns:-54.93%