BSETulive Developers LtdHighNeutral
Announced Tue, 21 Apr · 20:02 IST

In accordance with Reg 30 SEBI (LODR), copy of communication dated April 21, 2026 received from Saffron Capital Advisors Private Limited, Manager to the Delisting Offer is attached

Voluntary Delisting ProposedCapital Market Events View source PDF

Price

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Price reaction · full curve 14 horizons · vs prior close
+4.0%1-day move
₹844.55
prior close
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+4.0+6.1+8.2+10.4+14.8+34.2+46.1+38.5
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AI summary

Tulive Developers' voluntary delisting offer has been completed successfully. The reverse book building process discovered a final price of Rs. 750 per equity share, above the floor price of Rs. 719.30. A total of 4,79,058 shares were tendered through 19 successful bids during the offer period (April 15-21, 2026). With post-offer promoter holding reaching 94.32% of total equity shares (exceeding the required 90% threshold), the delisting offer is deemed successful under SEBI regulations. Acquirers have accepted the discovered price of Rs. 750 per share, and payment will be processed for all successful bidders. The company will now be delisted from BSE.

Likely market impact

Shareholders who tendered their shares will receive Rs. 750 per share. The company will be removed from BSE listing as promoters cross the 90% holding threshold required for delisting under SEBI regulations.