Tulive Developers board to meet on May 30 for FY26 results

0 min read     Updated on 25 May 2026, 03:02 PM
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AI Summary

Tulive Developers Limited will hold a board meeting on May 30, 2026, to consider and approve the audited standalone financial results for the quarter and year ended March 31, 2026, pursuant to SEBI regulations.

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Tulive Developers Limited has announced that its board of directors will meet on May 30, 2026. The meeting is convened to consider and approve the audited standalone financial results of the company for the quarter and year ended March 31, 2026.

The intimation regarding the board meeting was made in compliance with Regulation 29(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has requested the stock exchange to take the information on record.

Key Meeting Details

The following table summarizes the key details regarding the upcoming board meeting:

Detail Information
Company Name Tulive Developers Limited
Meeting Date May 30, 2026
Meeting Day Saturday
Purpose Consideration and approval of audited standalone financial results for the quarter and year ended March 31, 2026
Regulatory Reference Regulation 29(1) of SEBI (LODR) Regulations, 2015

The financial results to be considered pertain to the full fiscal year ending March 31, 2026, as well as the final quarter of that period. Shareholders and market participants can await the official release of these results following the board meeting.

Historical Stock Returns for Tulive Developers

1 Day5 Days1 Month6 Months1 Year5 Years
-2.00%+5.35%+36.70%+52.81%+22.50%+550.90%

How have Tulive Developers Limited's revenue and profitability trends evolved over FY2026 compared to the previous fiscal year, and what factors have driven any significant changes?

Will Tulive Developers Limited announce any dividend distribution or capital allocation plans following the approval of its FY2026 audited results?

How has Tulive Developers' project pipeline and land acquisition strategy positioned the company amid the broader real estate market conditions in India for FY2027?

GKS Technology Park Acquires Additional 12.56% Stake in Tulive Developers Through Delisting Process

2 min read     Updated on 25 Apr 2026, 11:06 PM
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AI Summary

GKS Technology Park Private Limited acquired 2,70,697 equity shares (12.56%) of Tulive Developers Limited on April 23, 2026, through the company's delisting process. This acquisition increased GKS Technology Park's total holding along with PACs from 34.60% to 47.16%, representing 10,16,064 shares. The transaction was disclosed under SEBI regulations on April 24, 2026, with GKS Technology Park being part of the promoter group of the BSE-listed target company.

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GKS Technology Park Private Limited has disclosed a substantial acquisition of equity shares in Tulive Developers Limited through a regulatory filing dated April 24, 2026. The acquisition was made pursuant to the delisting process of the target company's equity shares and represents a significant increase in the acquirer's shareholding.

Acquisition Details

The transaction involved the acquisition of 2,70,697 equity shares of Tulive Developers Limited on April 23, 2026. This acquisition represents 12.56% of the company's total voting capital and was executed as part of the delisting process of Tulive Developers' equity shares from BSE Limited.

Parameter Details
Shares Acquired 2,70,697
Percentage Acquired 12.56%
Acquisition Date April 23, 2026
Mode of Acquisition Delisting process
Stock Exchange BSE Limited

Shareholding Pattern Changes

Prior to this acquisition, GKS Technology Park Private Limited along with its person acting in concert (PAC) Mr. K V Ramana Shetty held 7,45,367 shares, representing 34.60% of Tulive Developers' total voting capital. Following the completion of this transaction, their combined holding has increased substantially.

Holding Period Number of Shares Percentage Holding
Before Acquisition 7,45,367 34.60%
Shares Acquired 2,70,697 12.56%
After Acquisition 10,16,064 47.16%

Company Structure and Compliance

GKS Technology Park Private Limited, incorporated with CIN U45209TN2006PTC058760, is based in Chennai and belongs to the promoter group of Tulive Developers Limited. The company operates from No. 3, Club Road, Chetpet, Chennai - 600 031, and is managed by K V Ramana Shetty as Managing Director.

The disclosure was made in compliance with Regulation 29(1) of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing indicates that GKS Technology Park is working in concert with Altis Properties Private Limited and their respective PACs in this acquisition.

Target Company Capital Structure

Tulive Developers Limited maintains an equity share capital of Rs. 2,15,43,750 divided into 21,54,375 equity shares of Rs. 10 each. The company's shares are listed on BSE Limited under scrip code 5050285. The capital structure remained unchanged following this acquisition, with the transaction representing an internal restructuring through the delisting process.

The acquisition strengthens GKS Technology Park's position as a significant stakeholder in Tulive Developers Limited, with the combined holding of acquirers and their PACs now approaching majority control of the target company.

Historical Stock Returns for Tulive Developers

1 Day5 Days1 Month6 Months1 Year5 Years
-2.00%+5.35%+36.70%+52.81%+22.50%+550.90%

What are GKS Technology Park's plans for Tulive Developers after achieving near-majority control at 47.16% shareholding?

Will the delisting of Tulive Developers from BSE lead to a complete privatization or potential relisting on other exchanges?

How might this acquisition impact the real estate development projects and business strategy of Tulive Developers going forward?

More News on Tulive Developers

1 Year Returns:+22.50%