Description

NSE announces web-based bidding platform availability for Tanla Platforms Limited's buyback offer of up to 20 lakh equity shares at Rs. 875 per share.

Summary

NSE has enabled web-based bidding platform for Tanla Platforms Limited’s buyback offer under the Tender Offer scheme. The company will repurchase up to 20,00,000 equity shares at a fixed price of Rs. 875 per share during July 29 - August 4, 2025.

Key Points

  • Buyback of up to 20 lakh equity shares at Rs. 875 per share
  • Fixed price tender offer scheme
  • Web-based bidding platform accessible at https://eipo.nseindia.com
  • All Capital Market segment trading members eligible to participate
  • Existing IPO bidding platform users can use same credentials
  • New users can access through admin terminal with Adminxxxxx format
  • Face value: Re. 1 per share, Lot size: 1 equity share
  • ISIN: INE483C01032

Regulatory Changes

No new regulatory changes introduced. The offer follows existing Tender Offer Scheme guidelines as per NSE circular NSE/CMTR/52776 dated June 29, 2022.

Compliance Requirements

  • Trading members must use designated web-based bidding platform
  • Members without existing access must create branches and users through admin terminal
  • Custodial confirmation required during specified hours
  • Participation limited to Capital Market segment trading members

Important Dates

  • Issue Period: July 29, 2025 to August 4, 2025
  • Bidding Hours: 9:15 AM to 3:30 PM daily
  • Custodial Confirmation: 9:15 AM to 4:00 PM daily
  • Issue Closure Confirmation: 9:15 AM to 4:00 PM on final day

Impact Assessment

Medium impact on TANLA shareholders and trading members. The buyback represents significant capital return to shareholders at premium pricing. Trading members need to ensure system access and user setup for client participation. The week-long window provides adequate time for participation across all investor categories including FIIs, mutual funds, insurance companies, and retail investors.

Impact Justification

Corporate action affecting specific stock with defined timeline and participation mechanism