Saffron Capital Advisors Pvt. Ltd. (Manager to the Delisting Offer") has informed BSE regarding "Outcome of Reverse Book Building Process under Regulation 17(3) of the SEBI (Delisting of ....

Voluntary delisting proposedCapital Market Events View source PDF Explain this filing

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Price reactionminutes from the announcement price · days from the prior close

+2.0%Reaction day

₹844.55

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Nifty Microcap 250market · in no size index; the smallest one is used+1.3%+0.7% vs market

Industrial Products peers, median of 133sector+0.7%+1.3% vs sector

On the reaction day the stock moved 0.7 pts more than Nifty Microcap 250 and 1.3 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.

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Reaction day

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UpDownMarket · Nifty Microcap 250Sector · Industrial Products peers, median of 133Pending

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AI summary

Tulive Developers Limited's voluntary delisting offer has been completed successfully. The offer ran from April 15-21, 2026. The discovered/exit price is Rs. 750 per equity share (floor price was Rs. 719.30). A total of 4,79,058 shares were tendered through 19 successful bids ranging from Rs. 719.30 to Rs. 900. Post-delisting, promoter holding has increased to 94.32% of total equity shares, exceeding the required 90% threshold under SEBI Delisting Regulations. Payment will be made to all successful bidders at Rs. 750 per share.

Likely market impact

Shareholders who tendered their shares will receive Rs. 750 per share, a 4.27% premium over the floor price. The stock is expected to be delisted from BSE following completion of the regulatory process.