In relation to voluntary delisting of equity shares of the Company from BSE Limited, pursuant to regulation 28(1) of SEBI (Delisting of Equity Shares) Regulations, 2021 and Detailed Public ....
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Tulive Developers Ltd has constituted a Committee of Independent Directors as part of the voluntary delisting process from BSE Limited. The committee includes Mr. Jacob George Kandathil (Chairman), Mr. Pradeep Bhandari, and Mrs. Bhumika Jignesh Shah. This formation follows a Detailed Public Announcement published on April 06, 2026. Under SEBI Delisting Regulations, the committee will provide reasoned recommendations on the delisting offer, which will be published in newspapers at least two working days before the bidding period begins.
This is an early-stage development in the voluntary delisting process. Shareholders should note that independent directors will evaluate the offer and provide recommendations before shareholders can vote or bid. The stock may see reduced liquidity as the process progresses.