Tulive Developers Limited — Interim / Quarterly Report 2021

Jan 7, 2021

Date: 7th January 2021

CIN : 199\$l9MH I t[2PLCOl 2549

BSE Limited Phiroze Jeejeebhoy Towers, lVlumbai - 40000'1.

Dear Sir,

SUB: FILING OF UPDATED FINANCIAL RESULTS IN ADDITION TO THE FINANCIAL RESULTS FTLED FoR THE yEAR ENDED 3o'*SEpTEMBER 2ozo oF TULTvE DEVELopERS LtMtrED.

This is in reference to the BSE lettei dated 31'tDeeember 2O2O outlining the following discrepancy in financial results filed for the half year ended 30th September 2O2O:

1. ln Pdf of Cash FIow Statement - Gash Flow from Ordinary Activities not tallying

Pursuant to the BSE letter dated 31'tDecember 2A2O and Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations,2015, we have enclosed herewith the updated cash flow statement along with the financial results for the half year ended 30th September 2Q2O which were approved by the board of.directors and uploaded to BSE on 13th November 2020.

Kindly take the same on record.

Thanking you,

Yours faithfully, FoT TULIVE DEVELOPERS LIMITED

ATUL DIRECTO

DIN: 01608328 Address: No. 1, 6th Avenue, Harrington Road, Chetpet, Chennai - ⁶⁰⁰⁰³¹

Tulive Developers Ltd., t R"gd. Office : # 2l /22, "Loha Bhavan" PD Mello Road, Mumbai - ,\$00 009. CorporateOf6ce:No5, lstStreet,SubbanoAvenue,Chennai-600006 | Tel.: +91 ^4464624777 Email : tulivechennai@gmail.com I www.tulivedeveloperscorn | +91u28230?23

CIN : L99999MHl 962PLC0I 2549

Date: 1 3thNovemb er 2020

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

Dear Sir,

SUB.: OUTCOME OF BOARD MEETING HELD ON NOVEMBER 13, 2O2OAND UNAUDITED FINANCIAL RESULTS FOR THE QUARTER AND HALF YEAR ENDED 3orH sEPTEMBER2o2o.

We wish to inform you that the board of directors of Tulive Developers Limited at their meeting held today i.e., l3thNovember 2020, 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 and half year ended 30thSeptember 2020.

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 ended 30thSeptember 2O2O together with the limited review report, statement of assets and liabilities and cash flow statement. The results will also be uploaded in the website of Bombay Stock Exchange www.bseindia.com and on the company's website www.tul ooers.com.

Kindly take the same on record

Thanking you,

Yours faithfully,

FoT TULIVE DEVELOPERS LIMITED

Address: No:l, 6th Avenue, Harrington Road, Ghetpet, Ghennai- 600031.

Encl: A/a

Tulive Developers Ltd.,

*egd. Of6ce :# 21/22, "Loha Bhavan" PD Mello Road, Mumbai -,100 009. Corporate Office : No. 5, 1st Street, Subbarao Avenue, Chennai - 600 006 | Tel. : +97 4 ^6624777 Email : nrlivechennai@gmail.com I www.nrlivedeveloperscom | +91u2u30223

Tulive Developers Limited Regd Office No.21/22, "LOHA BHAVAN" P. D. Mello Road, Mumbai 400009
	CIN L99999MH1962PLC012549 WEBSITE : www.tulivedevelopers.com Telephone No.044-28230222 E-Mail : atul.acura@gmail.com
PART 1	UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 30th SEPTEMBER 2020 (STANDALONE)						(Rupees in Lakhs)
		UN AUDITED			UN AUDITED HALF YEAR ENDED		AUDITED
SNO	Particulars	THREE MONTHS ENDED		YEAR ENDED
		30.09.2020	30.06.2020	30.09.2019	30.09.2020	30.09.2019	31.03.2020
$\bf{I}$ П	Revenue from Operations Other income	(2.82)	(5.13)	(6.15)	(7.95)	1.50 (6.16)	1.50 (37.03)
Ш	Total Revenue (I+II)	(2.82)	(5.13)	(6.15)	(7.95)	(4.66)	(35.53)
IV	EXPENSES:
	(a) Employee benefit expenses (b) Depreciation and amortization expense	1.30	1.28	1.35	2.58	2.70	5.47
	(c) Other expenses	0.15 8.75	0.14 2.30	0.30 3.96	0.29 11.05	0.59 10.28	1.11 19.85
V	Total Expenses IV Profit / (Loss) before exceptional and extraordinary items and tax (III-IV)	10.20	3.72	5.61	13.92	13.57	26.43
VI	Exceptional items.	(13.02)	(8.85)	(11.76)	(21.87)	(18.23)	(61.96)
VII VIII	Profit / (Loss) before exceptional and extraordinary items and tax (V-VI) Extra ordinary items	(13.02)	(8.85)	(11.76)	(21.87)	(18.23)	(61.96)
IX	Profit before tax (VII-VIII)	(13.02)	(8.85)	4.01 (15.77)	(21.87)	29.90 (48.13)	30.96 (92.92)
X	Tax Expense 1.Current tax			(0.15)		(0.15)	(0.16)
XI	2.Deferred tax Profit / (Loss) for the period from contuining operations $(IX - X)$	(13.02)	(8.85)	(15.92)	(21.87)	(48.28)	(93.08)
XII XIII	Profit / (Loss) from discontinued operations
XIV	Tax expense of discontinued operations Profit / (Loss) from discontinued operations after tax (XII - XIII)
XV .XVI	Profit/(Loss) for the period $(XI + XIV)$ Other Comprehensive Income	(13.02)	(8.85)	(15.92)	(21.87)	(48.28)	(93.08)
XVII	Profit / (Loss) and other comprehensive Income for the period	$\blacksquare$ (13.02)	$\blacksquare$ (8.85)	(15.92)	(21.87)	(48.28)	(93.08)
PART II
XVIII XIX	Paid up Equity share capital (face value of Rs. 10/- per equity share) Reserves excluding Revaluation Reserve as per Balance Sheet of Previous year	215.44 4,824.75	215.44 4,824.75	215.44 4,869.56	215.44 4,824.75	215.44	215.44
XX	Earnings per share					4,869.56	5,040.19
	(a) Basic (b)Diluted	(0.60) (0.60)	(0.04) (0.45)	(1.12) (1.12)	(0.60) (0.60)	(0.91) (0.91)	(4.32) (4.32)
PART III
			THREE MONTH ENDED		HALF YEAR ENDED		YEAR ENDED
A $\mathbf{1}$	Particulars of Shareholding Public shareholdings:	30.09.2020	30.06.2020	30.09.2019	30.09.2020	30.09.2019	31.03.2020
	(a) Number of Shares	6,33,235	6,63,235	6,63,235	6,33,235	6,63,235	6,63,235
	(b) Percentage of shareholding Promoters and Promoter group Shareholding:	29.39%	30.79%	30.79%	29.39%	30.79%	30.79%
	a) Pledged / Encumbered:
	(i) Number of Shares (ii) Percentage of shares (as a % of the total shareholding of Promoter and Promoter Group)	$\blacksquare$
	(iii) Percentage of Shares (as a % of the total Share Capital of the Company)	$\overline{\phantom{a}}$	$\overline{\phantom{a}}$	-	$\overline{\phantom{a}}$
	b) Non - Encumbered: (i) Number of shares	15,21,140	14,91,140	14,91,140	15,21,140	14,91,140	14,91,140
	(ii) Percentage of shares (as a % of the total shareholding of Promoter and Promoter Group) (iii) Percentage of Shares (as a % of the total Share Capital of the Company)	100% 70.61%	100% 69.21%	100% 69.21%	100% 70.61%	100%	100%
В	INVESTOR COMPLAINTS					69.21%	69.21%
	(a) Pending at beginning of quarter (b) Received during the quarter		NIL
	(c) Disposed off during the quarter	NIL NIL
	(d) Remaining unresolved at the end of the quarter		NIL
$\mathbf C$	NOTES
$\mathbf{1}$	The above un audited financial results for the half year ended 30th September 2020 were reviewed and recommended by Audit committee at their meeting held on 13.11.2020 and duly
$\mathbf{2}$	approved by the board of the directors at their meeting held on 13.11.2020 The financial statements have been prepared in accordance with the Indian Accounting Standard prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting principles Generally Accepted in India and the guidelines of SEBI.

Figures for the previous quarters/year have been reclassified /regrouped wherever nessary to conform to the classification made in the $\overline{\mathbf{3}}$

last quarter/year

The Company continues its Investments in Non-Current Financial Assets in the following two registered Partnership Firms engaged in Development of Housing Projects (i) Messrs Tulive Estate

(ii) Messrs Tulive Builders

$\mathfrak{s}$ This half yearly results have been subjected to limited review by the present Statutory Auditors of Company.

$\pmb{\ast}$

Place : Chennai - 600 006
Date : 13.11.2020

STATEMENT OF ASSETS AND LIABILITIES AS AT 30 TH SEPTEMBER 2O2O
Rupees in Lakhs
SNo	Particulars	UnAudited	Audited
	ASSETS:
1	Non Current Assets :
	(a) Property, Plant and Equipments	2,928.03	2,928.32
	(b) Financial assets -Investments	22.00	22.00
	Assets :
	Assets
	(i) Current Investments	220.00
	(i) Trade Receivables	10.77	10.77
	(ii) Cash and Cash Equivalents	2.73	237.42
	(iii) Other Current Assets	1,837.63	1,844.04
	(iv) other Current Assets
		2,071.13
	TOTAL ASSETS	5,02	5,042.55
	EQUITY AND LIABILITIES :
t
	(a) Equity Share Capital	215.44	215.44
	(b) Other Equity	4,802.88	4,824.75
		18.32
	l.Non Current Liabilities
	Liabilities Financial Liabilities :
	(i) Trade Payables	1.59	1.11
	(ii)Other Current Liabilities	1.25	1.25
	TOTAL EQUITY & LIABILITIES	5,021.16	5,042.55
	:Chennai-600006	For Tulive Developers
	:13.11.2020
			DIN:0i608328

1

TULIVE, DEVELOPERS LIMITED

Messrs.TULIVE DEVELOPERS , MUMBAI -4OOOO9 LIMITED

CASH FLOW STATEMENT FORTHE YEAR ENDED 3OTH SEPTEM BER 2O2O

	PARTICULARS
	CASH FLOW FROM ORDINARY ACTIVITIES: Ner Loss as per statement of Profit & Loss for the period 01.04.2020 to 30.09 2020	(21
	Adjustments of depreciation	0.29
	Less:Adjustments for Loss ln lnvestment	7.95
		(13.63
	ustment for working capital Changes
	Decrease in other Current Assets	6.41.
	lncrease in Trade payables	0.48
	hare of Loss lN Non-Current lnvestment	7.95
		1.06
ill	CASH FLOW FROM INVESTING ACTIVITIES:	220.00
	) Current lnvestment
IV	DECREASE IN CASH AND CASH EQUIVALENTS	234.69
	pening Cash and Cash Equivalents as at 01.04.2020	237.42
	Closing Cash and Cash Equivalents as at 30.09.2020	2.13
	NOTE: Above cash flow statement for halfyear ended 30.09.2020 has been
	subjected to limited review by statutory auditors of company
	For	LIMITED
	Place: Chennai - 600 005 Date :13.11.2020

t

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 LlMlTEDfor the period from 01 .04.2020 to 30.09.2020. 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.
• 1. We conducted our review in accordance with the Standard on Review Engagements (SRE) issued by the lnstitute of Chartered Accountants of lndia. 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.
• 1. 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 manner in which it is to be disclosed, or that it contains any material misstatement."

cHENNAt-600014 Date: 13.11.2A20

1.

For R Ramalingam & Associates Chartered Accountants 106165

PARTNER M.NO.027154 UDIN: 2oc I TtSh ftftflflDs,o6,J