Tanla Platforms Buyback 2022 announced on 08 September 2022. The Tanla Platforms buyback to start from 20 December 2022 and closes on 02 January 2023. The Company will do Buyback with equity of 14,16,666 Equity Shares around 2.18% of Face Value ₹1/ Each Fully paid off at a Price Of ₹1200/ Per Equity. The size of this Buyback is about ₹170 Crores. And this will be done through a Buyback Tender Offer. check out Tanla Buyback 2021 here.
Tanla Platforms Limited (formerly known as Tanla Solutions Limited) provides cloud solutions services. The Company new millennium set in with a small group of mobile messaging experts, with a base in Hyderabad, India, to create a world-class messaging service. From 2000 till now, The company are proud to have achieved global leadership in our domain as one of the largest Cloud Communication providers in the world. They are innovating the way the world communicates, continuously raising the bar through enhanced speed, ease, and simplicity of our Cloud solutions.
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The company have developed and delivered cutting-edge technology and products which meet the discerning needs of a diverse clientele, from enterprises to carriers across geographies. The standards we have set are industry-defying, difficult to surpass even by us. But then, that’s what we do best, beating us at our own game.
Necessity of the Issue :
- The Buyback will help the Company to return surplus cash to its shareholders holding Equity Shares broadly in proportion to their shareholding, thereby, enhancing the overall return to shareholders.
- The Buyback may help in improving its earnings per share and return on equity, by reduction in the equity base and based on assumption that the Company would earn similar profits as in past, thereby leading to long term increase in shareholders’ value.
Tanla Platforms Buyback 2022 Offer Details:
|Buyback Type||Tender Offer|
|Buyback Record Date||25 October 2022|
|Buyback Offer Amount||₹170.00 Cr|
|Date of Board Meeting approving the proposal||08 September 2022|
|Date of Public Announcement||08 September 2022|
|Buyback Offer Size||1.04%|
|Buyback Number of Shares||14,16,666|
|Face Value||₹1/- Rs.|
|Buyback Price||₹1200/- per share.|
Tanla Platforms Buyback 2022 Dates :
We have covered all important dates related to “Tanla Platforms Buyback 2022” Buyback Activity Dates are updated as they are announced.
|Board Meeting for Buyback proposal||08 September 2022|
|Buyback Approval date||08 September 2022|
|Public Announcement Date||08 September 2022|
|Buyback Record Date||25 October 2022|
|Buyback Opening Date||20 December 2022|
|Buyback Closing Date||02 January 2023|
Tanla Platforms Limited Financial Report (in Cr) :
Quick Link :
Registrar of The Buyback :
KFin Technologies Limited
Selenium, Tower B, Plot Nos. – 31 & 32,
Financial District Nanakramguda,
Serilingampally Mandal Hyderabad 500032
Tel No.: +91 40 6716 2222
Email: [email protected]
Manager of The Buyback :
HDFC Bank Limited
Investment Banking Group,
Unit No. 401 & 402, 4th Floor, Tower B,
Peninsula Business Park,
Lower Parel, Mumbai 400 013
Tel No.: +91 22 3395 8233;
Email: [email protected]
Company Address :
Tanla Platforms Limited
(formerly known as Tanla Solutions Limited)
Tanla Technology Centre
India – 500081
E-mail: [email protected]
How to Participate in Tanla Platforms Ltd buyback?
The Investors are eligible for the buyback scheme who have Tanla Platforms shares in their Demat account as the Record date is 25 October 2022 as the offer is Tender Offer. Investors can participate in the Tanla Platforms Buyback 2022 scheme as per the opening form by selling their shares. The payment will be given as per the accepted shares by the company under the Tanla Platforms buyback scheme.
How to apply for Tanla Platforms buyback zerodha?
You can apply for the buyback, follow the steps below:
- Visit console.zerodha.com.
- Click on the context menu and then Portfolio.
- Click on Corporate actions.
- Click the Buybacks tab, tap on Tanla Platforms and then Place order.
- Enter the quantity and tap on Submit.
How to apply for Tanla Platforms buyback on Groww?
You can apply for the buyback, follow the few steps below: This feature not applicable on Groww App only available on Groww Website.
- Visit the official Groww website.
- Search Tanla Platforms Buyback in the search option.
- You can see Tanla Platforms buyback result in search option tap on the Tanla Platforms buyback.
- You will reach the Tanla Platforms buyback screen, here enter the number of shares and click sell.
- You can see your order is successfully placed.
How to apply for Tanla Platforms buyback on upstox?
You can apply for the buyback, follow the few steps below:
- Login to the Upstox app using your 6-digit PIN or biometrics.
- Click on the Account Section on your right bottom corner (Applicable New upstox app).
- Click ‘Account’, then ‘Corporate actions’ and then Buyback / Delisting/ Takeover.
- Select the Tanla Platforms stock for buyback.
- Enter the quantity and click on apply.
- If you have submitted your POA, then the buyback will be confirmed.
How to apply for Tanla Platforms buyback online on Kfintech?
You can apply for the buyback from Kfintech, follow the few steps below:
- Click the official Link. https://kosmic.kfintech.com/karisma/buybackofferv2.aspx
- Select your stock in drop down menu.
- Choose your holding Type and fill your details.
- Enter the security code in the security box.
- Click Submit button.
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Tanla Platforms Buyback 2022 FAQs:
When is Tanla Platforms Buyback Announcement Date?
Tanla Platforms buyback 2022 announcement date is 08 September 2022.
When is Tanla Platforms Buyback Open Date?
Tanla Platforms buyback Open date is 20 December 2022.
When is Tanla Platforms Buyback Close Date?
Tanla Platforms buyback Close date is 02 January 2023.
When is Tanla Platforms Buyback Record Date?
Tanla Platforms buyback 2022 Record date is 25 October 2022 as the offer is Tender Offer.
What is Tanla Platforms Buyback Price?
Tanla Platforms company has fixed the price at ₹1200 per share.
What is Tanla Platforms Buyback Offer Size?
Tanla Platforms company Buyback Offer Size is ₹170 Cr.
How to apply for Tanla Platforms Buyback 2022?
As per the record date you need to have Tanla Platforms shares in your Demat account. You can participate in buyback after having the stock in your account.
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