BSETulive Developers LtdMinimalNeutral
Announced Fri, 30 May · 16:15 IST

Annual Secretarial Compliance Report for the financial year ended March 31, 2025 issued pursuant to Regulation 24A of SEBI (LODR), 2015 is submitted to Stock Exchange

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AI summary

Tulive Developers Ltd (BSE Scrip Code: 505285) has submitted its Annual Secretarial Compliance Report for the financial year ended March 31, 2025, filed under SEBI (LODR) Regulation 24A. The report was prepared by S.A.E. & Associates LLP, Company Secretaries (signed by Partner Sri Vidhya Kumar), and reviewed the company's adherence to SEBI regulations and corporate governance norms. Two minor non-compliances were flagged: (1) the Management Discussion and Analysis report was not included in the FY2024 annual report, as the company stated it had no income from operations, and (2) earlier limited review/audit reports were submitted by Ramalingam & Associates, who did not hold a peer review certificate; this was remedied by appointing Dagliya & Co (with a valid peer review certificate) as statutory auditors effective September 30, 2024. No fines were levied. The company was found compliant on all other key checks, including secretarial standards, policy adoption, website disclosures, director eligibility, insider trading, and event disclosures.

Likely market impact

This is a routine annual compliance filing with no material impact on shareholders or the stock price. The two flagged non-compliances are procedural in nature, have been explained by management, and no monetary penalties have been imposed by SEBI or the stock exchange.