Twamev Construction and Infrastructure Limited — Others, 12-08-2025: Amendment to AOA/MOA

Twamev Construction's Board has approved the financial results for the quarter ended June 30, 2025. Consolidated revenue from operations was ₹11.74 Cr, with a net profit of ₹5.86 Cr. The company will hold its 60th Annual General Meeting on September 24. Auditors noted major concerns: a subsidiary's unprovisioned loan interest of ₹5.44 Cr, and a step-down subsidiary's abandoned project with a ₹986.18 Cr arbitration claim and NPA issues. Also, no gratuity/leave encashment provision was made. The company awaits final bank account status upgrade for a ₹21 Cr resolution plan payment. Promoter holding dropped to 91.33% to meet public shareholding norms.