Tivoli Construction Ltd. — Board/Management Information 2020

Oct 19, 2020

TIVOLI CONSTRUCTION LIMITED

(CIN: L45200MH1985PLC037365) Regd. Off: 4[th] Floor, Raheja Chambers, Linking Road & Main Avenue, Santacruz – (West),

Mumbai – 400 054

Phone No.: 022 – 6769 4400/4444

Website: www.tivoliconstruction.in email: tivoliconstruction@yahoo.co.in

19[th] October, 2020

The Listing Compliance Department BSE Limited 25[th] Floor, P. J. Towers Dalal Street Mumbai – 400 001

BSE Scrip Code - 511096

Sub: Correction in the Outcome of Board Meeting letter uploaded on 5[th] September, 2020 Ref.: Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Dear Sir,

With reference to the above subject we would like to inform you that, we have inadvertently made a typographical error in the outcome of Board Meeting letter dated 5[th] September, 2020, with regard to the date of Mr. Kirit Thacker’s completion of term as Independent Director of the Company.

In the said letter which we had earlier uploaded on your website, we have erroneously mentioned that his term as Independent Director will expire on 28[th] September, 2020. But we would like to inform you that his term as Independent Director will actually cease/expire on 27[th] September, 2020 (resignation letter as filed earlier is enclosed along). We request to therefore to kindly take the above date on record.

The rest of the details mentioned in the Outcome of Board Meeting letter dated 5[th] September, 2020 is correct and valid.

We regret this typographical error and the inconvenience caused to you and request you to kindly take the above on record.

Thanking You,

Yours faithfully,

For TIVOLI CONSTRUCTION LIMITED

Pinal Digitally signed by Pinal Rahul Rahul Parekh Date: 2020.10.19 Parekh 13:03:20 +05'30'

PINAL PAREKH COMPANY SECRETARY/ COMPLIANCE OFFICER eCSIN: EA025327A000079524

Encl: As above

20 I, Shyam Apartments, 172 Garodia Nagar, Ghatkopar (East) Mumbai- 400 077

KIRIT L THACKER

4[th] September, 2020

The Board of Directors Tivoli Construction Limited 4[th] Floor, "Raheja Chambers" Linking Road & Main Avenue Santacruz - West Mumbai - 400054

Dear Sirs,

Subject: Cessation as Independent Director of the Company

I was appointed as a Director on the Board of Tivoli Construction Limited with eflect from 3[rd] September, 1985. This appointment was under the erstwhile Companies Act, 1956. After the Companies Act 2013 came into effect in April 2014, I continued to serve on the Board of the Company and was appointed as an Independent Director by the Members of the Company with effect from 28[th] September. 2015, for a period of 5 years. My current term as Independent Director will come to an end on 27[th] September, 2020.

It has been my privilege to serve as Director of the Company for more than 3 decades.

I wish to inform you that I do not wish to offer my candidature for re-appointment for the next term as Independent Director of the Company, due to other pre-occupation. Accordingly, my directorship will cease with effect from 27[th] September, 2020.

Pursuant to my cessation as Director of the Company, 1shall also cease to be Chairman of the Audit Committee, Nomination & Remuneration Committee and as Member of the Stakeholders Relationship Committee.

Further I confirm that there is no other material reason other than as stated above.

I take this opportunity to thank the Board for the support extended to me during my tenure as Director of the Company.

Thanking you,

Yours faithfully,

KIRIT THACKER DIN: 00787841