Twamev Construction Board Approves FY26 Audited Financials, Reappoints Auditors
Twamev Construction's Board approved audited financial results for FY26 and Q4FY26. M/s YG Advisors and M/s. S. Chhaparia & Associates were reappointed as Internal and Cost Auditors, respectively, for FY27. M/s. J. Jain & Co. was appointed as Statutory Auditor for a four-year term starting FY27.
The approval of audited financial results and the appointment of statutory auditors are material events for the company. The appointment of a statutory auditor for a four-year term provides some stability. However, the content does not include significant financial performance indicators or strategic shifts that would warrant a 'HIGH' impact.
The announcement details routine corporate actions such as the approval of financial results and the reappointment/appointment of auditors. While these are important, they do not present significant positive or negative news.
Twamev Construction and Infrastructure Limited (formerly Tantia Constructions Limited) announced the outcome of its Board Meeting held on May 29, 2026. The Board approved the Audited Financial Statements, both standalone and consolidated, for the Financial Year ended March 31, 2026. Additionally, the audited financial results for the quarter and year ended March 31, 2026, were also approved.
The company also approved the re-appointment of M/s YG Advisors as Internal Auditor and M/s. S. Chhaparia & Associates as Cost Auditor for the Financial Year 2026-27. Furthermore, M/s. J. Jain & Co., Chartered Accountants, was appointed as the Statutory Auditor for a second term of four years, commencing from FY 2026-27 until FY 2029-30.
The Board meeting commenced at 1:00 PM and concluded at 8:00 PM on May 29, 2026. The company has submitted the financial results and the Independent Audit Report as per SEBI regulations.
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Twamev Construction and Infrastructure Limited filed this with the NSE as a statutory disclosure, categorised under board meeting. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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