Gist of 40th AGM Proceedings shared; Resolutions Include Sale of 100% Stake in Material Subsidiary

Tivoli Construction has submitted the gist of proceedings of its 40th AGM held on 30th September, 2026 (11:30 am to 12.00 noon).

Wed 30 Sep 2026

AGM Date

30th September, 2026

Members Present in Person

14

Key Resolution

Approval for sale/disposal of 100% shareholding in Victoria Investments Company Limited, a wholly owned material subsidiary

Auditor Opinion

Unqualified opinion with no qualifications, observations or adverse remarks

Results Dissemination Date

on or before 02nd October, 2026

What was shared

The company submitted the gist of proceedings of its 40th Annual General Meeting held on Wednesday, 30th September, 2026 at its registered office in Santacruz (West), Mumbai. The meeting began at 11:30 am and concluded at 12.00 noon.

Attendance

• Members present in person: 14; members present by proxy: Nil.
• Registered members present: 7 people holding 51930 shares, being 10.38 percent.
• Authorised representatives: 7 people holding 28200 shares, being 5.64 percent.
• Directors, statutory auditors, secretarial auditor/scrutiniser and the Company Secretary were present.

Business placed before members

• Ordinary resolution: adoption of audited standalone and consolidated financial statements for the year ended 31st March, 2026 with the Board and Auditors reports.
• Ordinary resolution: re-appointment of Mrs. Anita Raheja, who retired by rotation.
• Ordinary resolution: appointment of Statutory Auditors for a term of 5 (five) years and fixing remuneration.
• Special resolution: re-appointment of Mr. Sagar Jyot Rupani as an Independent Director for a second term of 5 (five) years.
• Special resolution: to approve sale / disposal of 100% shareholding of equity share capital in Victoria Investments Company Limited, a wholly owned material subsidiary, under section 180(1)(a) of the Companies Act, 2013 read with the applicable LODR regulations.

Audit remarks

The Chairman stated that the Statutory Auditors expressed an unqualified opinion for the financial year ended 31st March, 2026, with no qualifications, observations or adverse remarks having material bearing on the functioning of the company.

Voting process

Remote e-voting through NSDL ran from Sunday, 27th September, 2026 at 09:00 a.m. to Tuesday, 29th September, 2026 at 5:00 p.m. Ballot papers were available at the meeting for those who had not voted earlier. The combined results were to be disseminated to BSE and uploaded on the company website on or before 02nd October, 2026.

What investors may note

This is a procedural record of the AGM rather than a results announcement. The item of most substance is the proposed sale of the entire shareholding in the wholly owned material subsidiary, which members were asked to approve. The outcome of the voting on each resolution follows in a separate disclosure.

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