Tulive Developers Reshapes Board with Key Appointments and Re-appointments

Tulive Developers Limited , a prominent player in the real estate sector, has announced significant changes to its board composition, reinforcing its leadership structure for the coming years.

Board Approves Strategic Appointments

The Board of Directors of Tulive Developers Limited, in a meeting held on August 28, 2025, approved several key appointments and re-appointments, subject to shareholder approval at the upcoming 63rd Annual General Meeting (AGM) scheduled for September 25, 2025.

Re-appointment of Whole-time Director

Mr. Suresh Vaidyanathan, a seasoned professional in the real estate industry, has been re-appointed as the Whole-time Director of Tulive Developers for a term of five years, effective from September 1, 2025, to August 31, 2030. Mr. Vaidyanathan, who has been associated with the company since September 2007 as CEO, brings a wealth of experience in residential and commercial development.

New Independent Director Joins the Board

In a move to enhance its corporate governance, the board has approved the appointment of Mrs. Bhumika Jignesh Shah as a non-executive independent director. Mrs. Shah's appointment is for a five-year term, spanning from the 63rd AGM to the 68th AGM of the company.

Strengthening Compliance Measures

The board also approved the appointment of S.A.E. & Associates LLP as the company's secretarial auditors for a term of five years, covering the financial years 2025-2026 to 2029-2030. This appointment aims to ensure robust compliance with regulatory requirements.

Leadership Experience

Mr. Vaidyanathan's extensive background includes roles at Best & Crompton Engineering Ltd. and Ramaniyam Real Estates Pvt. Ltd. His re-appointment is expected to provide continuity in leadership and strategic direction for Tulive Developers.

Upcoming Annual General Meeting

The 63rd AGM of Tulive Developers Limited is set to take place on September 25, 2025, at 4:00 PM IST through video conferencing. Shareholders will have the opportunity to vote on these key appointments and re-appointments during the meeting.

These board-level changes reflect Tulive Developers' commitment to maintaining a strong leadership team and adhering to best practices in corporate governance as it navigates the dynamic real estate market.