BSE has announced the live activities schedule for the Offer to Buy (OTB) – Acquisition Window (Takeover) for TULIVE DEVELOPERS LIMITED (Symbol: TULIVE, Scrip Code: 505285, ISIN: INE637D01015). The offer is open from Wednesday, 15th April 2026 to Tuesday, 21st April 2026 at an offer price of Rs. 719.30 per share for up to 6,01,135 equity shares with a face value of Rs. 10.00. Trading Members and Custodian Members of BSE are required to follow the specified session timings and operational procedures.

Key Points

• Security: TULIVE DEVELOPERS LIMITED | Symbol: TULIVE | ISIN: INE637D01015 | Scrip Code: 505285
• Offer Size: Up to 6,01,135 equity shares (Market Lot: 1)
• Face Value: Rs. 10.00 | Offer Price: Rs. 719.30
• Offer Period: 15th April 2026 (Wednesday) to 21st April 2026 (Tuesday)
• Bid Offering, Modification, and Upper Cancellation are available from 9:15 a.m. to 3:30 p.m. throughout the issue period
• Give-up and Take-up of the last offer are available only on 21st April 2026, from 9:15 a.m. to 4:00 p.m.
• Bidding categories include: FII, FI, MF, IC, OTH (Other QIBs), NOH (Other NIB), CO (Company), IND (Individual)
• OTB platform accessible via iBBS (internet and leased line) and RTRMS

Regulatory Changes

No new regulatory changes are introduced. This notice operationalizes an existing takeover acquisition window framework under BSE’s OTB mechanism. Members are directed to refer to Exchange Notices 20150930-1 (dated 30 September 2015) and 20170203-29 (dated 3 February 2017) for operational instructions.

Compliance Requirements

• Trading Members must ensure the UCC (Unique Client Code) of each investor is registered and/or updated with the correct PAN Number and Category in the Exchange UCC database.
• Members can only bid for investors holding shares in demat form.
• Members and Custodians should note that if no securities are accepted, no End of Issue files will be generated on the Extranet.
• Extranet files for acceptance of bids will only be available after confirmation of acceptance is received by the Exchange from the Merchant Banker/RTA post issue closure.
• For leased line URL access settings, refer to Exchange Circular No. 20170503-12.

Important Dates

Impact Assessment

This circular has high impact on shareholders and trading members dealing in TULIVE DEVELOPERS LIMITED. The takeover offer at Rs. 719.30 per share for up to 6,01,135 shares is a significant liquidity event for existing shareholders who may tender their shares. Trading members must operationally prepare their systems, verify client UCC registrations, and ensure compliance with session timings. Failure to act within the prescribed window (especially the final Give-up/Take-up deadline on 21st April 2026 at 4:00 p.m.) will result in forfeiture of participation rights. Custodian members must coordinate closely with foreign and institutional investors to facilitate timely bid submissions across all eligible investor categories.