The Committees of the Board is reconstituted from today by inducting Mr. Nilesh Gupta as members of the Committee. The details are attached herewith
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Tivoli Construction's Board, at its meeting on September 6, 2025, appointed Mr. Nilesh Shreechand Gupta as an Additional Non-Executive Independent Director for a 5-year term ending at the 2030 AGM, subject to shareholder approval. Mr. Gupta, an MBA in Finance with over 15 years of experience in accounting, banking, and compliance, is not related to any existing director. He has also been inducted as Chairman of all three key Board Committees — Audit, Nomination & Remuneration, and Stakeholders Relationship. The Board additionally approved the Directors' Report and Secretarial Audit Report for FY ended March 31, 2025, appointed a scrutinizer for the 39th AGM scheduled on September 30, 2025, and issued the AGM notice.
This is a routine governance update — bringing in a finance and compliance professional as an Independent Director strengthens the Board's oversight capacity, though it is unlikely to move the stock price materially.