Tulive Developers Limited — Interim / Quarterly Report 2019

Aug 14, 2019

CIN : L99999MH1962PLC012549

14""August 2019

BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai — 400001.

Dear Sir'

SUB.: OUTCOME OF BOARD MEETING AND UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED JUNE 30, 2019.

We wish to inform you that the board of directors of Tulive Developers Limited at their meeting held today ie., 14thAugust 2019, which commenced at 04:00 pm and concluded at 05:00 pm, considered and approved the unaudited financial results of the company for the quarter ended 30th June 2019.

Pursuant to Regulations ³³ of the SEBl (LODR)Regulations,2015, we are enclosing the unaudited financial results of the Company for the quarter ended 30th June ²⁰¹⁹ together with the limited review report. The results will also be uploaded in the website of Bombay Stock Exchange www.bseindia.com and on the company's website wwwtulivedevelopers.com.

Kindly take the same on record.

Thanking you,

Yours faithfully,

DIRECTOR ^~ WM; ' DIN: 01608328 WEE/j

Address: No:1, 6th Avenue, Harrington Road, Chetpet, Chennai — 600031.

Encl: A/a

' 'l'uiiw: l'hrxiclopcrs Ltd", chd. Office : 1121/22" "Lona iihzwzm" PI) McIlo Road, Mumbzli - 400 009 Corporate Office ; No.5,, in Street" Subbzu'aoAvenueChennai — ⁶⁰⁰⁰⁰⁰ ! Tel. ; 1*)l 4:; (14624777 ¹ Ni ^{44 2823 0223} Email : Iulivccl:cumiirfuggi'miil.Ci'm'i ^I www.mlivcdcvcl(ipm's.cm'n

WEBSITE : www.talivedevelopers.com Telephone No.044-28230222 F-Mail : atul.acura.a gmail.com STATEMENT OF UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 30th JUNE 2019 PART 1 Corresponding 3 Months Prceeding 3 Particulars SNO Three Month Ended Months ended Ended 30.06.2019 31.03.2019 30.06.2018 UnAudited Audited UnAudited 1.50 1.50 150 Revenue from Operations 1 0.59 8.18 15.01 Other income 2.09 9.68 16.51 Total Income EXPENSES: H 048 (s) Employee benefit expenses 135 0.98 0.29 0.63 (b) Depreciation and amortization expense 063 1.76 6.32 1575 (c) Other expenses 287 796 1736 (d) Total Expenses Profit/(Loss) before exceptional and extra ordinary items and tax 681 (587) (0.85) Ш Exceptional items. N Profit/(Loss) before Extra ordinary items and tax (587) 681 (0.85) V $\blacksquare$ V Tax Expenses ٠ VIII Tax Refunds ٠ $\cdot$ 6.81 (0.85) VIII Profit after tax (5.87) (25.89) Extraordinary Expenditure-relating to Buy Back of Equity Shares IX Profit for the period from continuing operations (31.76) (0.85) 6.81 X Profit/(loss) from discontinued operations XI Tax Expenses of discontinued operations XII ×. Profit/(loss) from discontinued operations after tax XIII Profit for the period XIV XV Other comprehensive income after tax (31.76) (0.85) 681 XVI Total Comprehensive income for the period / Year PART-II 263 44 263 44 Paid up Equity share capital (face value of Rs. 10/- per equity share) 215 44 1 4,917.84 6,549 84 6,507 70 П Reserves excluding Revaluation Reserve Earnings per share (in Rupees) (0.84) (0.02) 0.26 (a) Basic (0.02) (b)Diluted (0.63) 0.26 INVESTOR COMPLAINTS $\mathbf{A}$ NIL (a) Pending at beginning of quarter NIL (b) Received during the quarter NIL (c) Disposed off during the quarter NIL (d) Remaining unresolved at the end of the quarter PART II SELECT INFORMATION FOR THE QUARTER ENDED 30TH JUNE2019 AND YEAR ENDED 31ST MARCH 2019 в 30.06.2019 31.03.2019 30.06.2018 Particulars of Shareholding 1 Public shareholdings: (a) Number of Shares 6,63,235 6,71,387 6,71,387 (b) Percentage of shareholding 2 Promoters and Promoter group Shareholding: a) Pledged / Encumbered :	Year to date figures for Three month ended 30.06.2019 UnAudited 150 0.59 2.09 135 0.29 632 796 (587) (587) (587) (25.89) (31.76) ٠ (3176)	Three month ended 30.06.2018 UnAudited 1.50 818 9.68 048 063 176 287 681 681 ٠ 681 6.81 681	(Rupees in Lakhs) Previous Year Ended 31.03.2019 Audited 600 6910 75.10 258 252 2786 32.96 4214 42.14 ٠ 42 4 42.14
			42 14
	215 44	263 44	263 44
	4,91784	6,507 70	6,54984
	(0.84)	0.26	1.63
	(0.63)	0.26	1.63
	30.06.2019	30.06.2018	31.03.2019
	6,63,235	6,71,387	6,71,387
NIL NIL NIL b) Non - Encumbered:	NIL	NIL	NIL
(i) Number of shares 14,91,140 19,62,988 19,62,988 (ii) Percentage of shares (as a % of the total shareholding of Promoter and Promoter Group) 100% 100% 100%	14,91,140 100%	19,62,988 100%	19,62,988 100%
(iii) Percentage of Shares (as a % of the total Share Capital of the Company) 69.21% 74.51% 74 51% $\mathsf{C}$ NOTES	69.21%	74 51%	74 51%
$\mathbf{1}$ The operation of the company is Agricultural income by way Licence fee $\overline{\mathbf{2}}$ The Company continues its Investments in Non-Current Financial Assets in the following two registered Partnership Finns engaged in Development of Housing Projects (1) Messrs Tulive Estate (ii) Messrs Tulive Builders 3 Share of income from the firms for the quarter ended 30.06.2019 have been adopted as per the provisional and unaudited accounts of the respective firms for the quarter ended 30 06.2019 and are subject to audit for the financial year ended 31st March 2020 $\overline{4}$ During the quarter ended 30 06 2019 the company bought back 48000 Equity Shares of Rs 10/- each at a price of Rs 350/- per share Details of the same are given below No of Shares Rs (1) Promoters and Promoter group 4,71,848 00 16,51,46,800 $(11)$ Public 8,152 00
28,53,200.00 4,80,000.00 16,80,00,000 The amount paid have been debited as follows
(1) paid up capital No of Shares Rs Balance as at 31.03.2019 26, 34, 375.00
2,63,43,750 Less: Shares Bought back 4,80,000.00 48,00,000 Balance as at 30.06 2019 21,54,375.00 2,15,43,750
(ii) Free Reserve - General reserve R S
Balance as at 31.03.2019 65,49,84,066 Less Debit 340 per shares 16,32,00,000 Balance as at 31 06:2019 49,17,84,066
$\ddot{\phantom{1}}$ The above unaudited financial results have been duly reviewed by the Audit committee and recommended to the Board of Directors and duly aproved by the Board of Directors at their Meeting held on 14-Aug-2019
5 Figures for the previous period 30.06.2018 have been regrouped /reclassified to conform to the classification and grouping adopted for the quarter and year ended 30.06 2019
Place Chennai - 600 006 Date 14-Aug-2019		I FOR TULIVE DET SLOPINS	NITED

R.RAMALI NGAM& ASSOCIATES Chartered Accountants LIMITED REVIEW REPORT

Review Report to the Board of Directors, Tulive Developers Limited Mumbai-400009.

1,We have reviewed the accompanying statement of unaudited financial results of TULIVE DEVELOPERS LIMITEDfor the period from 01.04.2019 to 30.06.2019 ,This statement is the responsibility of the Company's management and has been approved by the Board of Directors. Our responsibility is to issue ^a report on these financial statements based on our review.

2,We conducted our review in accordance with the Standard on Review Engagement (SRE) 2410, "Review of Interim Financial Information Performed by the Independent Auditor of the Entity" issued by the Institute of Chartered Accountants of India. This Standard requires that we plan and perform the review to obtain moderate assurance as to whether the financial statements are free of material misstatement. A review is limited primarily to inquiries of company personnel and analytical procedures applied to financial data and thus provides less assurance than an audit. We have not performed an audit and accordingly, we do not express an audit opinion.

3,Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying statement of unaudited financial results prepared in accordance with applicable Accounting Standards and other recognised accounting practices and polices has not disclosed the information required to be disclosed in terms of Regulation ³³ of SEBI ( Listing Obligations and Disclosers Requirements ) Regulations ²⁰¹⁵ including the manner in which it is to be disclosed, or that it contains any material misstatement."

CHENNAI-600014 For ^R Ramalingam & Associates Date: 14.08.2019 Chartered Accountants