Announced Thu, 1 Oct, 2026 · 17:04 IST

40th AGM: all 5 resolutions pass, sale of subsidiary approved

Board & Shareholder Meetings View source PDFExplain this filing

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Price reaction

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AI summary

Tivoli Construction's 40th AGM on Sep 30, 2026 saw all 5 resolutions pass with 100% votes in favor. About 54.1% of total shares (270,630 out of 500,000) were polled via e-voting by 15 members. Key items approved: adoption of FY26 audited financials, re-appointment of Director Anita Raheja, 5-year appointment of Statutory Auditors, re-appointment of Independent Director Sagar Jyot Rupani for a second 5-year term, and sale of 100% stake in wholly owned subsidiary Victoria Investments Company Limited.

Likely market impact

Sale of wholly owned subsidiary Victoria Investments approved, could mean a one-time gain or strategic restructuring for shareholders.