BSETivoli Construction LtdMediumNeutral
Announced Sat, 6 Sept · 13:46 IST

Mr.Nilesh Gupta (DIN: 11275297) is appointed as Additional Non-Executive Independent Director of the Company w,e,f 06th September, 2025 , subject to approval of members in ensuing 39th ....

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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Awaiting price reaction for this filing.

AI summary

Tivoli Construction's board, at its meeting on 6th September 2025, approved the appointment of Mr. Nilesh Shreechand Gupta (DIN: 11275297) as Additional Non-Executive Independent Director for a five-year term, effective immediately and subject to shareholder approval at the 39th AGM on 30th September 2025. Mr. Gupta is an MBA (Finance) with over 15 years of cross-functional experience in accounting, banking operations, statutory compliance, GST/TDS, and financial controls across hospitality, financial services, and BPO sectors. He is not related to any existing director and has not been debarred by SEBI or any authority from holding a director position. The board also approved the Directors' Report and Secretarial Audit Report for FY25, appointed a scrutinizer for the AGM, and reconstituted its Audit Committee, Nomination and Remuneration Committee, and Stakeholders Relationship Committee with Mr. Gupta as Chairman of all three.

Likely market impact

This is a routine governance update adding a finance-experienced independent director who will chair all three key board committees, which should strengthen financial oversight and compliance functions. No material impact on share price is expected; the appointment is pending shareholder confirmation at the upcoming AGM.