NSEUpdates19 Jun 2026 · 19 Jun 2026, 01:08 pm

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Twamev Construction and Infrastructure Limited · TICL

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Twamev Construction and Infrastructure Limited announced that a promoter plans to sell 3,000,000 equity shares through the open market. This sale is intended to achieve the Minimum Public Shareholding (MPS) as mandated by regulatory requirements. The move ensures the company's compliance with SEBI listing obligations. For investors, this signifies an increase in the public float of the company's shares.

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Twamev Construction and Infrastructure Limited has informed the Exchange regarding 'Intimation of Proposed Sale of 30,00,000 Equity Shares of Twamev Construction and Infrastructure Limited by one of Promoter through Open Market for Achieving Minimum Public Shareholding (MPS)'.

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TCLCONS_19062026130818_IntimationOfSaleOfSharesJune2026.pdf

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Twamev Construction and Registered Office Infrastructure LiH miH ted salt LakDeD -C30t, y7t,h KFlooorl-, lS0eac0t0tor6a-41 (Formerly known as Tantia Constructions Limited) @ +91 3349505600 © info@twamevcons.com Date: 19.06.2026 The Secretary The Manager BSE Limited National Stock Exchange of India Limited New Trading Wing, Exchange Plaza, C-1, Block “G” Rotunda Building, 5% Floor, Bandra Kurla Complex, PJ Tower, Dalal Street, Bandra East, Mumbai — 400001 Mumbai — 400051 Serip code — 532738 Symbol - TICL Dear Sir/Madam, Subject: Intimation of Proposed Sale of 30,00,060 Equity Shares of Twamev_ Construction and Infrastructure Limited by one of Promoter through Open Market for Achieving Minimum Public Shareholdin PS Pursuant to the provisions of Rule 19(2)(b) and Rule 19A of the Securities Contracts (Regulation) Rules, 1957 ("SCRR"), Regulation 38 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI LODR Regulations"), and in accordance with paragraph of SEBI Circular No. SEB1/HO/CFD/POD2/P/CIR/2023/18 dated February 3, 2023 ("SEBI Circular"), we hereby inform you that Mr. Ravi Todi, being one of the Promoter of Twamev Construction and Infrastructure Limited (the "Company"), intend to sell an aggregate of Thirty Lakh (30,00,000) equity shares having face value of Re. 1/- each ("Equity Shares") of the Company through the stock exchange(s) via the open market route, commencing from Monday, 22™ June, 2026 till the period ending on Tuesday, 30™ June, 2026. Details of Proposed Sale is as under: Name of the . . . No. of Equity Shares % of total equity share capital BENo P Promotger/ proposed to be sold proposed to be sold 1 Mr. Ravi Todi 30,00,000 1.94% Total 30,00,000 1.94% The purpose of the proposed sale is to achieve Minimum Public Shareholding (MPS) in accordance with the requirements prescribed by SEBI and the applicable regulations. X Kolkate>, Corporate Office Delhi Office Martin Rurn Rusiness Park, 17th Floor 5th loor, Unit No. 517 & 518 Office Nox 1/04, Plot 3, Block BIY Le=Meridian Commercial Complis Sector V, Saltlake City, Kulkald— 700091 Kalsina Road, New Delhi - 110001 @ +91 33 49505600 @ +9111 40581302 © info@twamevcons.com © delhi@twamevcons.com CIN - L74210WB1964PLC026284 www.twamevcons.com The details as required under the SEBI Circular are provided in the table below: Sr. Details of the event to be Particulars No provided i The Promoter of the Company as mentioned above has Intention of the Promoter/ conveyed us his intention to sell the equity shares to 1 | PremoterGroup tosell and the | epaple us to comply with the requirements of MPS as purpose of sale mandated under SCRR and the Listing Regulations. Mr. Ravi Todi, Promoter of Twamev Construction and Details of Promoter/ Prometer | Infrastructure Limited propose to sell an aggregate of 2 | Greup, who propose to divest |30,00,000 equity shares (approx. 1.94% of the total paid- their shareholding up equity share capital) through the open market to achieve Minimum Public Shareholding (MPS) Total number of shares and |30,00,000 equity shares representing approximately 3 |percentage of shareholding |1.94% of the total paid-up equity share capital of the proposed to be divested Company For a period commencing from Monday, 22" June, 2026 Period within which the entire | and ending on Tuesday, 30® June, 2026 or the actual date 4 |divestment process will be |of completion of sale of all Equity Shares, whichever is completed ("Period") earlier. Brief background of the Proposed Sale: In order to ensure compliance with the Minimum Public Shareholding (MPS) requirements prescribed under Rule 19A of the Securities Contracts (Regulation) Rules, 1957 (SCRR) arid Regulation 38 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations"), the Promoter of the Company proposes to divest an aggregate of 30,00,000 equity shares as detailed in the table above through an open market sale. This proposed divestment is undertaken solely with the objective of fulfilling the regulatory mandate for maintaining the minimum threshold of public shareholding as required by SEBI. To ensure transparency and compliance, the seller have provided written undertaking confirming that he shall not purchase or acquire any equity shares of the Company in the open market on the dates on which the Proposed Sale is carried out. The undertaking is annexed herewith as Annexure-A. Further, pursuant to the Securities and Exchange Board of India circular no. SEB1/HO/CFD/POD2/P/CIR/2023/18 dated February 03, 2023, an undertaking dated 19" June, 2026 has been obtained from the Promoter stating that he will not buy any shares in the open market on the dates on which the shares are being sold by Promoter as stated above. The copy of the said undertaking is enclosed for your perusal. The Company further informed that it will ensure compliance with all applicable provisions including that of the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015 and Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 for undertaking the aforesaid transaction. Note: The proposed open market sale of up to 2% of the paid-up equity share capital through this method is a part of the Company's overall plan to achieve the Minimum Public Shareholding (MPS) requirement. However, this transaction alone will not fulfil the entire MPS obligation. The Company intends to utilize other permissible methods as prescribed under SEBI Circular No. SEBI1IHO/CFD/PoD2/PICIR/2023/1 8 dated February 3, 2023, and in accordance with applicable laws and regulations to fully comply with the MPS requirements. We request you to kindly take the same on record. Thanking you, For Twamev Construction and Infrastructure Limited Digitally signed by NEHA SARAF Date: 2026.06.19 12:44:58 +05'30" Neha Saraf Company Secretary Mem No.: A52479 RAVITODI Shiawasey, 2/2B, Sarat Bose Road Axis Bank Lansdowne, L R Sarani, Kolkata-700020 Annexure-A Date: 19.06.2026 Twamev Construction and Infrastructure Limited DD-30, Sector-1, Salt Lake City, Kolkata 700064 in relation to the proposed sale of 30,00,000 Equity Shares of Re. 1/- each of Twamev Construction and Infrastructure Limited in the open market for achieving Minimum Public Shareholding in of SEBI Circular No. SEBVHO/CFD/P0D2/P/CIR/2023/18 dated February 03, 2023 I, Ravi Todi, promoter of Twamev Construction and Infrastructure Limited ("the Company"), is informed that as per SEBI Circular No. SEB1/HO/CFD/POD2/P/CIR/2023/18 dated February 03, 2023, any promoter/promoter group member proposing to sell shares in the open market to comply with the Minimum Public Shareholding (MPS) requirement under Rule 19A of the Securities Contracts (Regulation) Rules, 1957, read with Regulation 38 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, is required to provide an undertaking that no purchases shall be made by them in the open market on the dates of such sale. Accordingly, I hereby confirm that I shall not purchase any equity shares of the Company in the open market on the date(s) on which I sell 30,00,000 equity shares (representing approximately 1.94% of the total paid- up equity share capital of the Company) for the purpose of achieving compliance with the MPS requirement. Further, I confirm that I shall not make any such purchase for a continuous period commencing from Monday, 22°¢ June, 2026 till the period ending on Tuesday, 30 June, 2026, or till the completion of sale of all Equity Shares, whichever is earlier. I further confirm that the proposed transaction will be undertaken in full compliance with all applicable laws, including the SEBI (Prohibition of Insider Trading) Regulations, 2015 and SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as amended. Thanking you Yours Sincerely, Digitally signed by RAVI TODI §t 50610 15835 4 [Showing first 8,000 characters — download PDF for full document]