Tivoli Construction Board Approves Director Re-appointment, Auditor Appointment, and Divestment

Tivoli Construction Limited's Board of Directors convened on September 4, 2026, approving key business items. These include the re-appointment of Mr. Sagar Jyot Rupani as an Independent Director for a second five-year term, subject to shareholder approval. The Board also approved the appointment of M/s. M.R. Sharma & Co. as Statutory Auditors for a five-year term. A significant decision was the approval for the sale/divestment of the company's entire 100% shareholding in its material subsidiary, Victoria Investments Company Limited, to an unrelated third party, Mr. Ketan Kirtikumar Shah, also subject to shareholder and regulatory approvals. Additionally, the Board approved the Directors' Report for FY26, the Secretarial Audit Report, and the appointment of a Scrutinizer for the upcoming 40th Annual General Meeting, scheduled for September 30, 2026.