BSETivoli Construction LtdMediumNeutral
Announced Tue, 30 Sept · 16:47 IST

Regularisation of Mr. Nilesh Shreechand Gupta as Non-Executive Independent Director of the Company.

Management Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Tivoli Construction Ltd held its 39th AGM on 30th September 2025 at its registered office in Santacruz, Mumbai, lasting from 3:00 pm to 3:30 pm. 14 members were present in person, holding 51,930 shares (10.38% of equity). Three resolutions were tabled: (1) adoption of the audited standalone and consolidated financial statements for FY ended 31st March 2025, (2) re-appointment of Mrs. Anita Raheja as Director (retiring by rotation), and (3) special resolution to regularise Mr. Nilesh Shreechand Gupta as Non-Executive Independent Director. The Statutory Auditor's report (M/s N. S. Shetty & Co.) had no qualifications or adverse remarks.

Likely market impact

Routine annual meeting outcome with standard governance items — no material changes expected for shareholders. The regularisation of a new Independent Director strengthens board composition but is unlikely to materially impact the stock price.