Twamev Construction and Infrastructure Limited — Board Meeting, 20-11-2024: Outcome of Board Meeting

The Board of Directors of Tantia Constructions Limited has approved the fundraising plan through the issuance of up to 4 crore equity shares of face value ₹1 each via Qualified Institutions Placement (QIP). This decision allows for multiple tranches and seeks necessary approvals, including from shareholders through a postal ballot. Further details on the postal ballot process will be communicated later. This move aims to bolster the company's financial position and expansion strategy, reflecting a proactive approach to capital raising.