Description
Schedule of activities for TANLA PLATFORMS LTD buyback offer from July 29 to August 4, 2025, with offer size up to 20 lakh equity shares at Rs. 875 per share.
Summary
BSE has announced the schedule for TANLA PLATFORMS LTD’s buyback offer through the Offer to Buy – Acquisition Window mechanism. The buyback will run from July 29 to August 4, 2025, offering up to 20 lakh equity shares at Rs. 875 per share.
Key Points
- Security: TANLA PLATFORMS LTD (Symbol: TANLA, ISIN: INE483C01032, Scrip Code: 532790)
- Offer size: Up to 20,00,000 equity shares
- Offer price: Rs. 875.00 per share
- Face value: Rs. 1.00
- Market lot: 1 share
- Opening date: Tuesday, July 29, 2025
- Closing date: Monday, August 4, 2025
Regulatory Changes
No regulatory changes mentioned. This is an operational schedule for an existing buyback mechanism.
Compliance Requirements
- Trading members must ensure UCC of investors is registered with correct PAN number and category
- Trading members can only bid for investors having shares in demat form
- Members must use specified URLs for accessing iBBS, RTRMS, and Extranet platforms
- Adherence to operational instructions per Exchange Notices 20150930-1 and 20170203-29
Important Dates
- July 29 - August 4, 2025: Bid offering period (9:15 AM to 3:30 PM)
- July 29 - August 4, 2025: Bid modification/cancellation period (9:15 AM to 3:30 PM)
- July 29 - August 3, 2025: Give-up/Take-up period (9:15 AM to 3:30 PM)
- August 4, 2025: Give-up last day (9:15 AM to 3:30 PM)
- August 4, 2025: Take-up last day (9:15 AM to 4:00 PM)
Impact Assessment
The buyback will provide an exit opportunity for TANLA shareholders at a premium to market price. Trading members and custodians need to prepare their systems and processes for the OTB module. The structured schedule ensures orderly conduct of the buyback process with clear timelines for different activities.
Impact Justification
Buyback offer affects specific stock with defined schedule and procedures for market participants