Tivoli Construction 40th AGM: new auditor and subsidiary sale approved
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Tivoli Construction held its 40th AGM on Sept 30, 2026. Key approvals: appointment of M/s M.R. Sharma and Co (FRN109965W) as statutory auditors for 5 years till the 2031 AGM; sale of 100 percent stake in wholly owned subsidiary Victoria Investments Company Ltd under Section 180(1)(a); re-appointment of Sagar Rupani as independent director for a second 5-year term. Statutory auditors gave an unqualified opinion on FY26 financials. 14 members were present in person.
Auditor and director re-appointments are routine. Subsidiary divestment could reshape the company portfolio; await combined voting results by Oct 2.