
Clarification8 Jul 2026, 01:02 pm
Twamev Construction Clarifies Delayed COO Resignation Disclosure
AI Summary
Twamev Construction and Infrastructure Ltd has issued a clarification regarding the delayed disclosure of the resignation of its Chief Operating Officer (COO). The resignation was effective October 31, 2025, but the disclosure was made on July 3, 2026. The company attributes the delay to an inadvertent error by the Compliance Officer, who was unaware of the 24-hour disclosure requirement for such events. Twamev Construction apologizes for the lapse, assures it was unintentional, and states that internal measures are in place to prevent recurrence, ensuring strict compliance with SEBI regulations.
Key Highlights
- Company clarifies delay in disclosing COO resignation.
- Delay caused by inadvertent compliance error.
- Resignation effective October 31, 2025.
- Internal measures to ensure future compliance.
Price Impact
More from TICL