Tulive Developers Limited , a company listed on the BSE, has announced a significant corporate action that could potentially alter its public trading status. The company's board is set to convene on November 26, 2025, to deliberate on a voluntary delisting proposal put forth by its promoter group entities.

Key Details of the Delisting Proposal

Objectives of the Delisting Proposal

The promoter group has expressed its intention to:

1. Acquire all equity shares held by public shareholders
2. Voluntarily delist the company's equity shares from the BSE

Board Meeting Agenda

The upcoming board meeting is expected to address several crucial points:

• Evaluation of the due diligence report
• Consideration of the floor price for the delisting offer
• Review and discussion of the overall delisting proposal

Regulatory Compliance

The company has emphasized that this move is in accordance with the Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2021, as amended. Furthermore, the announcement adheres to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Implications for Shareholders

While the board's decision is pending, this development signals a potential significant change for Tulive Developers' shareholders. If approved and successfully executed, the delisting would result in the company's shares no longer being publicly traded on the BSE.

Investors and stakeholders are advised to closely monitor further announcements from the company regarding the outcome of the November 26 board meeting and any subsequent steps in the delisting process.

Tulive Developers Limited, a real estate company, has released its unaudited financial results for the half-year ended September 30, 2025, revealing a net loss and a substantial decrease in cash reserves.

Financial Performance

The company's board of directors approved the unaudited financial results in a meeting held on November 14, 2025. The key financial highlights for the half-year period are as follows:

The financial results show a reduction in net loss compared to the same period in the previous year. However, the company experienced a significant decline in its cash and cash equivalents, dropping by 97.52% from ₹307.88 lakhs to ₹7.64 lakhs. Total assets also saw a marginal decrease of 1.00%.

Corporate Developments

In addition to the financial results, Tulive Developers Limited disclosed information about a potential delisting of its equity shares. The company has appointed S.A.E. & Associates LLP to carry out due diligence in accordance with the Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2021.

This appointment follows an initial public announcement made on November 10, 2025, where Altis Properties Private Limited and GKS Technology Park Private Limited, along with certain persons acting in concert, expressed their intention to voluntarily delist the equity shares of Tulive Developers Limited.

The company stated that the appointed firm, S.A.E. & Associates LLP, holds a peer-reviewed certificate valid until November 30, 2027, and is currently serving as the Secretarial Auditor of the company.

Conclusion

While Tulive Developers Limited has managed to reduce its net loss compared to the previous year, the substantial decrease in cash reserves and the ongoing delisting process may raise concerns among investors. Stakeholders should closely follow the company's future announcements and the outcome of the due diligence process related to the potential delisting.