Altis Properties and GKS Technology Park propose voluntary delisting of Tulive Developers from BSE by acquiring 6,01,135 public shares (27.90% stake).
Delisting offer features ₹719.30 floor price and ₹750 indicative price per share via reverse book building from April 15-21, 2026.
Offer requires Acquirers' shareholding with promoters to reach 90% post-acquisition and is subject to BSE approval obtained April 2, 2026.
Saffron Capital Advisors appointed as Manager to Delisting Offer with ₹45.08 crore escrow amount deposited for transaction.