Twamev Construction Clarifies CBI Probe Involves Ex-Promoters

Twamev Construction and Infrastructure Ltd has issued a clarification regarding media reports about actions by the CBI involving former promoters/directors. The company stated that these alleged actions pertain to a period before the approval of its Resolution Plan under the Insolvency and Bankruptcy Code, 2016. Twamev emphasized a complete change in ownership, management, and control post-resolution, with the current management having no involvement in the investigated matters. The company's operations remain unaffected, and it is committed to high corporate governance standards.