Twamev Construction and Infrastructure Limited — Important, 12-08-2025: General Updates

Twamev Construction's board approved financial results and proposed MOA/AOA alterations, subject to shareholder approval. The company initiated arbitration for a suspended project. Promoters reduced their stake to 91.33% via an OFS for public shareholding compliance, without impacting control. Financially, a **INR 21 Cr** resolution plan is in final stages. Auditors issued a qualified opinion due to significant subsidiary issues: **INR 986.18 Cr** arbitration claims from an abandoned project, and unrecorded interest income on a **INR 5.43 Cr** loan. Revenue for the quarter was **INR 11.74 Cr**.