Pursuant to Regulation 5(iv)(c)(vii) of the SEBI (Buy-Back of Securities) Regulations,2018, with reference to the proposed Buyback of 4,80,000 equity shares of face value Rs. 10 each for cash at a price of Rs. 350 per equity share for cash aggregating upto Rs. 16,80,00,000 pursuant to the extant SEBI (Buyback of Securities) Regulations, 2018, through Tender Offer route, please find enclosed herewith a copy of the resolution passed in the meeting of the board of directors of Tulive Developers Limited held on February 22, 2019 for your kind reference and record.