Description

Tanla Platforms announces buyback of up to 20 lakh equity shares at Rs 875 per share through tender offer route for aggregate consideration of Rs 175 crores.

Summary

Tanla Platforms Limited has announced a buyback offer for up to 20,00,000 (20 lakh) fully paid-up equity shares at Rs 875 per share through the tender offer route. The buyback represents 1.49% of the total paid-up equity share capital and involves an aggregate consideration of up to Rs 175 crores. The offer is open to all eligible shareholders as on the record date of July 23, 2025, on a proportionate basis.

Key Points

  • Buyback of up to 20 lakh equity shares (face value Rs 1 each)
  • Buyback price: Rs 875 per equity share
  • Maximum consideration: Rs 175 crores
  • Represents 1.49% of total paid-up equity share capital
  • Proportionate basis allocation to all eligible shareholders
  • Tender offer route mechanism
  • Record date: Wednesday, July 23, 2025

Regulatory Compliance

  • Complies with Articles of Association Article 3
  • Adheres to Companies Act Sections 68, 69, 70, 108, and 110
  • Follows SEBI Buyback Regulations and SEBI Listing Regulations
  • Buyback size represents 24.81% of standalone and 7.78% of consolidated paid-up capital and free reserves
  • Within statutory limit of 25% as per Section 68(2)(c) of Companies Act

Company Details

  • Company: Tanla Platforms Limited
  • CIN: L72200TG1995PLC021262
  • Registered Office: Tanla Technology Centre, Hi-tech City Road, Madhapur, Hyderabad, Telangana - 500 081
  • Contact: investorhelp@tanla.com, +91 40 4009 9999
  • Manager to Buyback: Kotak Mahindra Capital Company Limited
  • Registrar: KFin Technologies Limited

Important Dates

  • Record Date: Wednesday, July 23, 2025
  • Financial Statements Reference: March 31, 2025 audited financials

Impact Assessment

This significant buyback represents a substantial return of capital to shareholders, potentially enhancing earnings per share and demonstrating management’s confidence in the company’s prospects. The proportionate allocation ensures fair treatment of all eligible shareholders, while the premium pricing at Rs 875 per share indicates strong value proposition for participating shareholders.

Impact Justification

Major corporate action involving Rs 175 crores buyback affecting all eligible shareholders