Tanla Platforms Limited has announced a buyback of equity shares paid for 20,00,000 fully paid with a face value of 1 rupee, at the price of ₹ 875 per equity shares. This buyback with a total reward of not more than ₹ 175 crore will be paid in cash and it is to be executed on a proportional basis through the tender offer process. The record date for buyback was fixed on 23 July 2025. On July 25, 2025, the letter, with tender form, has been sent electronically to eligible shareholders.
| Particulars | Details |
|---|---|
| Buyback size | 20,00,000 equity shares |
| Buyback price | ₹ 875 per equity share |
| Total buyback amount | ₹ 175 Crore |
| Record date | July 23, 2025 |
| Buyback opening date | 29 July, 2025 |
| Buyback closing date | August 4, 2025 |
| Last date for tender form | August 4, 2025 (IST at 5:00 pm) |
| End of disposal of dialects | August 11, 2025 |
| Pay payment | August 11, 2025 |
Buyback entitlement
The buyback entitlement ratio has been prescribed 10 equity shares for each 367 equity shares placed on a record date for both the category reserved for small shareholders and all other eligible shareholders. The actual buyback entitlement for reserved category is 2.725364378787487 percent, and for general category it is 2.72535813270608 percent.
Process and participation
Eligible shareholders can participate in the buyback by bidding through a stock broker registered with BSE or NSE. The shareholders will have to instruct their stock broker with details of equity shares to be tendered. A lion will be marked by the stock broker in the demat account of the eligible shareholder for tendered shares. On bidding, the stock broker will provide a transaction registration slip (TRS) to the eligible shareholder. The shareholders holding equity shares in physical form will have to submit duly filled and signed tender forms, TRS and required documents to the registrar of the buyback before 5:00 pm on August 4, 2025.
Additional information
Offer Letter and Tender Form Tanla Platforms Limited, Kotak Mahindra Capital Company Limited (Manager of Bayback), and KFIN Technologies Limited (BABAB registrar) websites are available on websites as well as websites of BSE and NSE.
Disclaimer
The offer letter is presented to SEBI, and it is clearly understood that the presentation should not be considered or believed that it is cleaned or approved by SEBI.