Twamev Construction and Infrastructure Limited — Board Meeting, 12-08-2025: Outcome of Board Meeting

Twamev Construction and Infrastructure has announced a board meeting outcome. The Board approved the consolidated financial results for the quarter ended June 30, 2025. The 60th Annual General Meeting is set for September 24, 2025, with a vote on proposed changes to the company's MOA/AOA.

Auditors noted significant concerns, issuing a *qualified opinion* on consolidated results due to issues like non-recognition of interest on a 5.44 Cr loan and a pending 986.18 Cr arbitration claim from a subsidiary. Crucially, they *could not express a conclusion* on some key financial matters due to insufficient evidence. The company also awaits a 21 Cr resolution payment after a bank account upgrade from NPA. Promoters recently trimmed their stake by 2.998%.