Tulive Developers Limited — Interim / Quarterly Report 2021

Nov 14, 2021

14" November 2021

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

Dear Sir/ Madam,

SUB.: OUTCOME OF BOARD MEETING AND UNAUDITEDFINANCIAL RESULTS FOR THE QUARTER AND HALF YEAR ENDED SEPTEMBER30,2021.

We wish to inform you that the board of directors of Tulive Developers Limited at their meeting held today i.e., 14'° November2021 which commencedat 04:00 PM and concluded at 05:00PM, considered and approved the unaudited financial results of the Company for the quarter and half year ended on 30"September 2021.

Pursuant to Regulations ³³ of the SEBI (LODR) Regulations,2015, we are enclosing the unaudited financial results of the Company for the quarter and half year endedon 30™September2021 together with the limited review report and unaudited cash flow statement. The results will also be uploaded in the website of BSE Limitedwww.bseindia.com and on the Company's website at www.tulivedevelopers.com.

Kindly take the sameon record.

Thanking you,

Yoursfaithfully, For TULIVE DEVELOPERSLIMITED

ATUL GUPTA

DIRECTOR DIN: 01608328 Address: No:1, 6"Avenue, Harrington Road, Chetpet, Chennai — 600031.

Encl: A/a

Tulive Developers Ltd.,

Regd. Office : # 21/22, "LLoha Bhavan" PD Mello Road, Mumbai - 400 009. Corporate Office : No. 23, Josier Street, Nungambakkam, Chennai - 600 034 ^| Tel. : +91 44 4262 3777 Email : tulivechennai@gmail.com ^| www. tulivedevelopers.com

	Regd Office No.21/22, "LOHA BHAVAN"P, CIN L99999MH1962PLC012549	Tulive Developers Limited	D. Mello Road, Mumbai 400009
PART 1	WEBSITE: www.tulivedevelopers.com Telephone No.044-28230222 E-Mail : atul.acura@gmail.com UNAUDITED FINANCIAL RESULTS FOR THE QUARTER :		ENDED30th SEPTEMBER2021 UN AUDITED		(STANDALONE) UN AUDITED		(Rupees in Lakhs) AUDITED
SNO I I ml	Particulars Revenue from Operations Other income Total Revenue (I+I)	30.09.2021 - 12.10 12.10	THREE MONTHS ENDED 30.06.2021 - (9.34) (9.34)	30.09.2020 - (2.82) (2.82)	HALF YEAR ENDED 30.09.2021 - 2.76 2.76	30.09.2020 - (7.95)	YEAR ENDED 31.03.2021 - (30.39)
IV	EXPENSES: (a) Employee benefit expenses (b) Depreciation and amortization expense (c) Other expenses	1.35 20.42 11.31	1.35 0.08 2.25	1.30 0.15 8.75	2.70 20.50 13.56	(7.95) 2.58 0.29 11.05	(30.39) 5.28 0.57 25.02
v VI Vil Vil} Ix x	Total Expenses IV] Profit exceptional and extraordinary items and tax (III-IV) / (Loss) before Exceptional items Profit / (Loss) before exceptional and extraordinary items and tax (V-VI) Extra ordinary items Profit before tax (VII-VIII) Tax Expense	33.08 (20.98) - (20.98) - (20.98)	3.68 (13.02) - (13.02) - (13.02) -	10.20 (13.02) - (13.02) - (13.02)	36.76 (34.00) - (34.00) - (34.00) -	13,92 (21.87) s (21.87) - (21.87)	30.87 (61.26) " (61.26) - (61.26),
XI XI XII XIV XV	1.Current tax 2.Deferred tax / for the period from contuining operations (IX Profit (Loss) - X) from discontinued operations Profit (Loss) / Tax expenseof discontinued operations / (Loss) from discontinued operations after tax (XI - X10) Profit __[Profit/(Loss)	- : (20.98) - - -	- : (13.02) - - -	- - (13.02) - - -	- - (34.00) - - -	- - - (21.87) - - =	- - - (61.26) - - -
XVI XVII PART II XVII XIX	for the period (XI + XIV) Other Comprehensive Income / (Loss) and other comprehensive Incomefor the period [Profit Paid up Equity share capital (face value of Rs. 10/- per equity share ) Reserves excluding Revaluation Reserve as per Balance Sheet of Previous year	(20.98) * (20.98) 215.44 4,763.49	(13.02) * (13.02) 215.44 4,763.49	(13.02) é (13.02) 215.44 4,824.75	(34.00) " (34.00) 215.44 4,763.49	(21.87) = (21.87) 215.44	(61.26) - (61.26) 215.44
XX PARTIII A	Earnings per share (a) Basic (b)Diluted Particulars of Shareholding	(0.97) (0.97)	(0.60) (0.60) THREE MONTH ENDED	(0.60) (0.60)	(1.58) (1.58) HALF YEAR	4,824.75 (1.02) (1.02) ENDED	4,763.49 (2.84) (2.84) YEAR ENDED
	1}Public shareholdings: (a) Numberof Shares (b) Percentage of shareholding 2{Promoters and Promoter group Shareholding: a) Pledged / Encumbered : (i) Number of Shares	30.09.2021 6,01,135 27.90% - -	30.06.2021 6,01,135 27.90% - -	30.09.2020 6,33,235 29.39% - -	30.09.2021 6,01,135 - -	30.09.2020 6,33,235 29.39%] - -	31.03.2021 6,01,135 27.90% -
B	of shares (as a % ofthe total shareholding of Promoter and Promoter Group ) (ii) Percentage of Shares (as a % ofthe total Share Capital of the Company ) (iii) Percentage b) Non - Encumbered: (i) Numberof shares ofthetotal ofshares (as a (ii) Percentage shareholding of Promoter and Promoter Group } (as a% ofthe total Share Capital of the Company ) (iii) Percentage of Shares INVESTOR COMPLAINTS	- - 15,53,240 100% 72.10%	- - 15,53,240 100% 72.10%	- - 15,21,140 100% 70.61%	- - 15,53,240 100% 72.10%	- - 15,21,140 100% 70.61%	- - - 15,53,240 100% 72.10%
Cc	(a) Pending at beginning of quarter (b) Received during the quarter (c ) Disposed off during the quarter (d) Remaining unresolved at the end of the quarter NOTES		NIL "NIL NIL NIL
i 2 3 4	The above un audited financial results for the half year ended 30th September 2021 were reviewed and recommended by Audit committee approved by the board of the directorsat their meeting held on 14.11.2021 The financial statements have been prepared in accordance with the Indian Accounting Standardprescribed under Section 133 ofthe 2013 read with relevant rules issued thereunder and other account ing principles Generally Accepted in Figuresfor the previous quarters/year have been reclassified 'regrouped wherever nessary to conform to theclassification The Company continuesits Investments in Non-Current Financial Assets in the following two registered Partnership Firmsengaged (@Messrs Tulive Estate (ii) Messrs Tulive Builders	India and the guidelines of SEBL	Companies Act, made in the last quarter/year	in Development of Housing Projects	at their meeting held on 14.11.2021 and duly
5	Thishalfyearly results have beensubjected to limited review by the present Statutory Auditors of Company. Place : Chennai- 600 006 Date: 14.11.2021

TULIVE DEVELOPERSLIMITED
STATEMENTOF ASSETS AND LIABILITIESAS	AT 30TH SEPTEMBER2021
		Rupees in Lakhs
No S Particulars : I/ASSETS	UnAudited 30.09.2021	Audited 31.03.2021
1]Non CurrentAssets : (a) Property, Plant and Equipments (b) Financial assets -Investments	3,293.68 22.00 3,315.68	2,927.75 22.00 2,949.75
2 Current Assets : Financial Assets (i) Current Investments	-	-
' (i) Trade Receivables (ii) Cash and Cash Equivalents (iii) Other Current Assets (iv) other Current Assets	10.77 0.17 1,632.71 1,643.65	10.77 172.20 1,848.24
TOTAL ASSETS LIABILITIES: IIJ/EQUITY AND 1JEQUITY:	4,959.33	2,031.21 4,980.96
(a) Equity Share Capital (b) Other Equity 2 LIABILITIES 1.Non Current Liabilities :	215.44 4,729.49 4,944.93	215.44 4,763.49 4,978.93
2.Current Liabilities: Financial Liabilities : (i) Trade Payables (ii)Other Current Liabilities	11.50 : 1.65	- 0.78
(iii)Short termprovisions TOTAL & EQUITY LIABILITIES	1.25 - 2.90 4,959.33	- 1.25 2.03 4,980.96
	For Tulive Developers DES	Limited

	TULIVE DEVELOPERS LIMITED , MUMBAI -400009
	CASH FLOW STATEMENT FOR THE HALF YEAR ENDED 30TH SEPTEMBER 2021
	Particulars	30.09.2021
I	CASH FLOW FROM ORDINARY ACTIVITIES : Net Loss as per Statement of Profit & Loss for the period 01.04.2021 to 30.09.2021 Add: Adjustments of depreciation	(34.00) 20.50
	Add: Adjustments for profit on Investment	2.76 (16.26)
II	Adjustment for working capital Changes Decrease in other Current Assets Decrease in Trade payables Share of Loss IN Non-Current Investment	216.59 (0.19) 216.40
III	CASH FLOW FROM INVESTING ACTIVITIES : (i) Purchase of Fixed Assets (ii) Profit on Investments	(386.43) 2.76
IV	CASH FLOW FROM FINANCE ACTIVITIES : (i) Loan from Directors (Net)	(383.67) 11.50
V	DECREASE IN CASH AND CASH EQUIVALENTS Opening Cash and Cash Equivalents as at 01.04.2021 Closing Cash and Cash Equivalents as at 30.09.2021	172.20 0.17
	NOTE:Above cash flow statement for the period from 01.04.2021 to 30.09.2021 has been subjected to limited review by statutory auditors of company	172.03
		-

R.RAMALINGAM & ASSOCIATES Chartered Accountants

LIMITED 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 DEVELOPERSLIMITEDfor the period from 01.04.2021 to 30.09.2021. This statementis the responsibility of the Company's management and has been approved by the Board of Directors. Our responsibility is to issue ^a report on thesefinancial statements based on our review.
• . We conducted our review in accordance with the Standard on Review Engagements (SRE) 2410, "Review of Interim Financial Information Performed by the Independent Auditorof 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 whetherthe 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.
• 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 recognized accounting practices and polices has not disclosed the information required to be disclosed in terms of Regulation ³³ of SEBI ( Listing Obligations and Disclosure Requirements ) Regulations, ²⁰¹⁵ including the mannerin which it is to be disclosed, or that it contains any material misstatement." FR.NO.010616S

CHENNAI-600014 For ^R Ramalingam & Associates Date: 14.11.2021 Chartered Accountants

PARTNER M.NO.027154