StockWatch
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Industrial Products
Shareholding25 Apr 2026, 11:30 am

Tulive Developers: GKS Tech & PACs Acquire 12.56% Post Delisting

AI Summary

GKS Technology Park Pvt Ltd and PACs, including Altis Properties Private Limited, Mr. K V Ramana Shetty, and Mr. Atul Gupta, have acquired 12.56% of Tulive Developers Limited's shares, totaling 2,70,697 shares, on April 23, 2026. This acquisition occurred following the delisting of the company's equity shares. Post-acquisition, the acquirer's holding along with PACs stands at 10,16,064 shares, representing 47.16% of the total share/voting capital. The acquisition was made pursuant to the delisting of Equity Shares of the Company.

Key Highlights

  • GKS Technology Park & PACs acquired 2,70,697 shares of Tulive Developers.
  • The acquisition represents 12.56% of Tulive Developers' share capital.
  • Post-acquisition, acquirer's holding is 47.16% of the total share capital.
  • Acquisition occurred following the delisting of Tulive Developers' equity shares.
  • The equity share capital of the company remains at ₹2,15,43,750 after the acquisition.