Tanla Platforms Completes INR 175 Crore Share Buyback Program
Tanla Platforms Limited has concluded its share buyback program, repurchasing 20,00,000 equity shares at INR 875.00 per share, totaling INR 175.00 crore. The buyback was conducted through a tender offer process in compliance with SEBI regulations and the Companies Act, 2013. Post-buyback announcements were published in various newspapers and filed with stock exchanges. The company has made the post-buyback public announcement available on its website for stakeholder access.

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Tanla Platforms Limited, a leading cloud communications provider, has successfully concluded its share buyback program, repurchasing 20,00,000 equity shares at INR 875.00 per share, for a total of INR 175.00 crore.
Buyback Details
The buyback, conducted through a tender offer process, was executed in accordance with the Securities and Exchange Board of India (SEBI) Buyback Regulations and the Companies Act, 2013. The program, which received approval from both the Board of Directors and shareholders, demonstrates Tanla Platforms' commitment to enhancing shareholder value.
Post-Buyback Announcements
Following the completion of payments to eligible shareholders, Tanla Platforms has published post-buyback public announcements in several newspapers, including:
- Financial Express (English - All editions)
- Jansatta (Hindi - All editions)
- Daily Hindi Milap (Hindi - Hyderabad edition)
- Mana Telangana (Telugu - Hyderabad edition)
- Financial Express Gujarati (Ahmedabad edition)
- Vishwavani (Kannada - Bengaluru edition)
This wide-ranging publication ensures transparency and compliance with regulatory requirements, keeping shareholders and the public informed about the buyback process.
Regulatory Compliance
The company has adhered to the regulatory framework by making the necessary disclosures to the stock exchanges. In compliance with Regulation 24(vi) of the SEBI Buyback Regulations and Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements, Tanla Platforms has filed the post-buyback public announcement with both the BSE Limited and the National Stock Exchange of India Ltd.
Investor Information
For the benefit of shareholders and interested parties, Tanla Platforms has made the post-buyback public announcement available on its official website at www.tanla.com . This move ensures easy access to important corporate information for all stakeholders.
The successful completion of this buyback program underscores Tanla Platforms' robust financial position and its dedication to delivering value to its shareholders. As the company continues to strengthen its market position in the cloud communications sector, this buyback may be seen as a positive signal of the management's confidence in the company's future prospects.
Historical Stock Returns for Tanla Platforms
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
+2.30% | +7.24% | +9.73% | +49.96% | -27.18% | +156.28% |