Tivoli Construction Ltd. — Board/Management Information 2020

Sep 5, 2020

(ClN: L45200MH1985PLC037365) Regd. Off: 4[th] Floor, Raheja Chambers, Linking Road & Main Avenue, Santacruz - (West), Mumbai - 400054

TIVOLI CONSTRUCTION LIMITED

Phone No.: 022 - 6769 4400/4444

Website: www.tivoliconstruction.in email: tivoliconstruction(a)yahoo.co.in

Date: 5[th] September, 2020

The Listing Compliance Department BSE Limited 25[th] Floor, P. J. Towers Dalal Street Mumbai - 400 00 I

BSE Scrip Code - 511096

Dear Sirs.

Sub: Outcome of the Board Meeting held on 5[th] September, 2020. Ref.: Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 20 IS.

Pursuant to Regulation 30 ofSEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are pleased to inform you that at the meeting of the Board of Directors held today, the Board inler-alia considered and approved following items:

• I. Approved the Directors' Report for the year ended 31[51] March, 2020. 2. Approved the Secretarial Audit Report received from Mr. Jignesh Makwana, Practicing Company Secretary under Section 204 of the Companies Act, 2013.

• 1. Appointed M/s. Sushil Talathi & Associates as "Scrutinizer" prescribed under Section 108 of the Companies Act, 2013 read with Rule 20 of the Companies (Management & Administration) Rules, 2014.

• Approved the Notice for conveying the Thirty Fourth Annual General Meeting (AGM) of the shareholders ofthe Company on 29[th] September, 2020.

• Took on record letter dated 4[th] September, 2020 received from Mr. Kirit Thacker (NonExecutive, Independent Director) stating that he does not wish to seek re-appointment for the 2[nd] term as Independent Director, at the forthcoming AGM. Accordingly, Mr. Kirit Thacker will 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.

• Subsequent to the resignation of Mr. Kirit Thacker, various committees where he was Chairman/Member namely the Audit Committee, the Nomination & Remuneration Committee and the Stakeholders Relationship Committee, have been reconstituted.

This is to further inform you that the Board Meeting commenced at 11:00 a.m. and concluded at 11.30 a.m.

Kindly take all the above on record.

For TIVOLI CONSTRUCTION LIMITED

PINAL PAREKH COMPANY SECRETARY/ COMPLIANCE OFFICER eCSIN: EA025327 A000079524 Mob: 9820351417