Tulive Developers Limited announced its unaudited financial results for the quarter ended December 31, 2025, showing a marginal improvement in its financial performance compared to the previous year. The company's board of directors approved these results in a meeting held on February 13, 2026.

Financial Performance Overview

The company reported a net loss of ₹26.57 lakhs for Q3FY26, representing a slight improvement from the ₹27.52 lakhs loss recorded in Q3FY25. The nine-month performance showed more substantial progress, with losses narrowing significantly to ₹73.00 lakhs from ₹94.41 lakhs in the corresponding period of the previous year.

Expense Analysis

The company's total expenses for Q3FY26 stood at ₹36.56 lakhs compared to ₹38.22 lakhs in Q3FY25. The expense structure remained consistent with previous periods, dominated by depreciation and amortization expenses.

Earnings Per Share and Capital Structure

The company's earnings per share improved marginally, with basic and diluted EPS at ₹(1.23) for Q3FY26 compared to ₹(1.28) in Q3FY25. The paid-up equity share capital remained stable at ₹215.44 lakhs with a face value of ₹10 per equity share.

Business Operations and Notes

According to the company's disclosure, Tulive Developers operates in project management consultancy services and agricultural activities. The company has withdrawn the total amount from firm "Tulive Builder" which has been dissolved. Additionally, there is no further development in Tulive Estate with maximum amount withdrawn, keeping the balance as non-current investments.

Shareholding Pattern

The company's shareholding structure remained unchanged during the quarter:

The financial results were reviewed by the audit committee and approved by the board of directors. The results have been subjected to limited review by the statutory auditors Dagliya & Co., Chartered Accountants.

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.