BSETivoli Construction LtdMediumNeutral
Announced Sat, 6 Sept · 13:57 IST

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

Management Changes View source PDF

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AI summary

Tivoli Construction Ltd's board, at its meeting on September 6, 2025, appointed Mr. Nilesh Shreechand Gupta (DIN: 11275297) as Additional Non-Executive Independent Director for a 5-year term, subject to shareholder approval at the 39th AGM on September 30, 2025. Mr. Gupta brings over 15 years of cross-functional experience in finance, accounting, banking operations, and statutory compliance, and holds an MBA in Finance. He is not related to any existing directors and has not been debarred by SEBI. The board also approved the Directors' Report for FY ending March 31, 2025, the Secretarial Audit Report, appointment of Ms. Hansa Gaggar as Scrutinizer, and the notice for the 39th AGM. Mr. Gupta has been inducted as Chairman of three key committees — Audit, Nomination & Remuneration, and Stakeholders Relationship.

Likely market impact

This is a routine independent director appointment that strengthens board oversight through a finance and compliance professional taking chairmanship of all three key board committees. No material impact on shareholders or stock price is expected from this governance update.