Twamev Construction and Infrastructure Limited — Others, 30-05-2025: Copy of Newspaper Publication

Twamev Construction and Infrastructure Limited has announced a board meeting to review the financial results for the quarter and year ended March 31, 2025. The company recorded total income from operations of Rs. 49.73 lakh and a net profit after tax of Rs. 5.236 lakh for the quarter. Significant concerns stem from its subsidiary Tantia Infrastructure Pvt Ltd’s loan of Rs. 543.83 lakh to a non-banking finance company, with no interest income recognized, and the step-down subsidiary Tantia Raxault Tollway Pvt Ltd’s abandoned project under arbitration involving claims over Rs. 986 crore. These issues raise risks related to asset recovery and liability obligations, potentially affecting group performance.