Twamev Construction & Infrastructure Limited has announced the appointment of Ms. Suparna Chakrabortti as an Independent Woman Director on its board. The appointment was approved during a board meeting held on 26th February, 2026, following recommendations from the company's Nomination and Remuneration Committee.

Board Meeting Details

The board meeting, which commenced at 11:55 a.m and concluded at 12:30 p.m on 26th February, 2026, formally approved Ms. Chakrabortti's appointment with Director Identification Number (DIN) 07090308. The appointment is effective from 26.02.2026, though it remains subject to approval from the company's shareholders.

Professional Background

Ms. Chakrabortti brings substantial expertise to the board as a member of The Institute of Chartered Accountants of India. Her educational credentials include a Master of Business Administration degree with a major in Finance from Rutgers University, New Jersey, USA, and a Master of Education degree from Hunter College, City University of New York, USA.

Her professional experience spans diverse sectors as an auditor, having worked with multinational corporations like Bata India Ltd., public sector units including MSTC Ltd under India's Steel Ministry, and financial institutions such as American Express. She has also provided audit services to charitable trusts and worked as a financial consultant on project evaluations and economic viability studies.

Board Experience

Ms. Chakrabortti has extensive experience serving as an Independent Director on the boards of several listed companies:

Throughout her board tenure at these companies, she has focused on developing effective governance practices and promoting ethics and values. Her contributions have emphasized implementing robust and transparent systems while addressing industry-specific challenges and applying the latest standards in accounting, auditing, compliance, and disclosure across various statutory reporting requirements.

Regulatory Compliance

The appointment has been made in accordance with Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has also complied with the SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated 30th January, 2026, providing all required disclosures regarding the appointment.

The company has formally notified both BSE Limited (Scrip Code: 532738) and National Stock Exchange of India Limited (Symbol: TICL) about this board appointment. The disclosure confirms that there are no relationships between Ms. Chakrabortti and other directors of the company, ensuring her independence as per regulatory requirements.

Twamev Construction & Infrastructure has published its unaudited financial results for Q3FY26 in newspapers under Regulation 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company informed BSE and NSE that the results were published in Business Standard (English) and Arthik Lipi (Bengali) on February 3, 2026.

Financial Performance Overview

The company's standalone financial performance for the quarter demonstrates steady operational activity with some variations compared to the previous year.

Nine-Month Performance Analysis

For the nine months ended December 31, 2025, the company showed significant improvement in both revenue and profitability metrics.

Regulatory Compliance and Publication

The company fulfilled its regulatory obligations by publishing the financial results in accordance with Regulation 47 requirements. Company Secretary Neha Saraf signed the compliance letter dated February 3, 2026, confirming the newspaper publications in all editions of the specified newspapers.

Key Financial Highlights

The company's revenue from operations of ₹2,083 lakhs for Q3FY26 includes ₹834 lakhs on account of unbilled revenue. The unbilled revenue balance stands at ₹1,352 lakhs as of December 31, 2025. Contract operating expenses increased to ₹1,239 lakhs in Q3FY26 from ₹543 lakhs in the corresponding quarter of the previous year.

Earnings Per Share Performance:

• Basic EPS for Q3FY26: ₹0.12 (Q3FY25: ₹0.12)
• Basic EPS for 9M FY26: ₹0.46 (9M FY25: ₹0.21)

Resolution Plan and Corporate Developments

The company is in the process of making full and final settlement of resolution plan amount of ₹2,100 lakhs subject to account upgradation status from NPA, as per the NCLT Kolkata order dated July 14, 2025. The banks have submitted their report with NCLT Kolkata confirming that the account status has been made "Standard", though this is not yet reflected in the company's CIBIL report.

Consolidated Results

On a consolidated basis, the company reported revenue from operations of ₹2,083 lakhs for Q3FY26 and net profit of ₹170 lakhs. The consolidated nine-month performance showed revenue of ₹4,494 lakhs and net profit of ₹604 lakhs, compared to ₹3,513 lakhs and ₹314 lakhs respectively in the previous year.