Tulive Developers Limited — Major Shareholding Notification 2019

Jun 17, 2019

Disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and
Takeovers) Regulations, 2011

Name of the Target Company (TC)		Tulive Developers Limited
Name(s) of the acquirer and Persons Acting in Concert (PAC) with the acquirer		1. Atul Gupta 2. K V Ramana Shetty
Whether the acquirer belongs to Promoter/Promoter group		Yes
Name(s) of the Stock Exchange(s) where the shares of TC are Listed		BSE Ltd (Bombay Stock Exchange)
Details of the acquisition / disposal as follows		Number	% w.r.t total share/voting capital wherever applicable (*)	% w.r.t total diluted share/voting capital of the TC
Before the acquisition under consideration, holding of:
Shares carrying voting rights a)		19,62,988	74.51%	74.51%
b) others)	Shares in the nature of encumbrance (pledge/ lien/ non-disposal undertaking/
$\mathbf{C}$ shares	Voting rights (VR) otherwise than by
d)	Warrants/convertible securities/any other instrument that entitles the acquirer to receive shares carrying voting rights in the T C (specify holding in each category)
Total (a+b+c+d) e)		19,62,988	74.51%	74.51%
Details of acquisition/sale
a) sold	Shares carrying voting rights acquired/	4,71,848	21.90%	21.90%
b) shares	VRs acquired /sold otherwise than by
C) acquired/ sold	Warrants/convertible securities/any other instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category)
d) by the acquirer	Shares encumbered / invoked/ released

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ERS $n_{\overline{1}}$

		e) Total (a+b+c+/-d)	4,71,848	21.90o/o	21.900/o
	After the	holding
		a) Shares carrying voting rights	14,91,140	69.21o/o	69.21Yo
		b) Shares encumbered with the acquirer
		c) VRs otherwise than bY shares
		d) Warrants/convertible securities/any other instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category)
		after acquisition
		e) Total (a+b+c+d)	14,91,140	69.21%	69.210/o
tt/lode of a€qu+s+ien-/ sale (e.9. open market /. off market /public issue / rights issue / preferential allotment / inter-se transfer etc). acquisition / sale of shares / VR or date of Date receipt of intimation of allotment of shares, whichever is applicable Equity share capital i total voting capital the TC before the said aequ+sitien / sale		Buy Back Offer
		'14-Jun-2019
		Rs. 2,63,43,750/-
		ity share capital/ total voting capital of the TC after the said aeqt*isitten / sale	Rs. 2,15,43,7501-
		Total diluted sharelvoting capital of the TC after th e said aeguisi+ies/sale

(") Total share capital/ voting capital to be taken as per the latest filing doneby the company to the Stock Lxchange under i?egulatiorlgt of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

On of the Promoter and Promoter Group Members

Atul Director DIN:01608328

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Place: Chennai Date: 17-Jun-2019

Annexure A

Name of the Promoters	Before Buy Back Holding	%	After Buy Back Holding	%
AtulGupta	9,81,76L	, 37.27	745773	34.61
K V Ramana Shetty	9,81,227	37.25	745367	34.60
Total Shares of the Promoter & Promoter Group	1,9,62,999	74.51.	1.49L140	69.21.
Total Shares of the Company	26,34,375		21.54375
Yo of Promoter & Promoter	74.51%		69.21%

On behalf of the Promoter and Promoter Group Members

AtL:l Director DIN: 01608328

Place: Chennai Date: 17-Jun-2019

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