Tivoli Construction Ltd. — Board/Management Information 2020

Sep 5, 2020

TIVOLI CONSTRUCTION LIMITED

CIN: L45200MH 1985PLC037365

Regd. Off: 4th Floor, Raheja Chambers, Linking Road & Main Avenue, Santacruz (West), Mumbai4000S4

Phone Nos.: 022 - 67694400 / 4444

Website: www.tivolieonstruetion.in

Email: tivoliconstruetion@yahoo.eo.in

sth September, 2020

ESE Limited

Corporate Relationship Department, Rotunda Building, PJ. Towers, Dalal Street, Mumbai-400 001

Dear Sir / Madam,

Sub: Change in Hoard of Directors Ref: HSE Scrip Code - 511096

This is to inform you that Mr. Kirit Thacker, Independent Director of the Company, vide his letter dated 4[th ] September, 2020 has intimated that he will not be seeking re-appointment for the second term at the 34[th ] Annual General Meeting of the Company. Accordingly, Mr. Kirit Thacker shall cease to be Independent Director of the Company with effect from 28[th ] September, 2020 i.e. after the completion of his first term as Independent Director. The Said letter was noted by the Board at its Board Meeting held today i.e. SthSeptember, 2020

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 20 IS, we arc hereby enclosing the copy of the letter received from Mr. Kirit Thacker, for your reference.

You arc requested to kindly take the above information on record.

Thanking You,

Yours faithfully, For TIVOLI CONSTRUCTION LIMITED

~e-s~~'>.~......-

RAKESH DESAI DIRECTOR DIN: 00152982

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