Recommendation of Committee of Independent Directors pursuant to Regulation 28 of SEBI (Delisting of Equity Shares) Regulations, 2021 is attached.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.6 pts more than Nifty Microcap 250 and 1.5 pts more than its Industrial Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Tulive Developers Ltd's Committee of Independent Directors (IDC) met on April 8, 2026 and issued its reasoned recommendations for the proposed voluntary delisting of equity shares under SEBI (Delisting of Equity Shares) Regulations, 2021. The recommendations have been published in Financial Express (English), Janasatta (Hindi), and Navshakti (Marathi), and forwarded to Saffron Capital Advisors Private Limited, the Manager to the Delisting Offer. The filing is pursuant to Regulation 28 of the Delisting Regulations, which mandates independent director recommendations for delisting proposals. This follows the earlier Detailed Public Announcement for the delisting offer.
If the delisting proceeds, public shareholders will have their shares acquired at the offer price and the company will be removed from BSE listing. Shareholders should carefully review the IDC's recommendation to assess whether the offer price is fair.