Tanla Platforms Buyback 2022 Record Date, Buyback Price, Entitlement Ratio

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Tanla Buyback

Tanla Platforms Buyback 2022 description – Tanla Platform Limited (formerly known as Tanla Solutions Limited) provides cloud solutions. The company’s products include messaging, voice and, the Internet of Things (IoT). Tanla Platforms Limited is one of the largest Cloud Communication providers in the world.

With over two decades of experience, the company has achieved global leadership and has emerged as one of the largest Cloud Communication providers in the world. The company has its headquarters in Hyderabad, with subsidiaries and branch offices located in Singapore and Dubai.


Tanla Platforms Share Buyback 2022 Details

Buyback DatesComing soon
Tanla Platforms Buyback Price INR1,200 per share
Buyback Offer Size (Shares)14,16,666 shares
Buyback offer as % of total shares1.04%
Buyback Offer Size (Amount)INR 170 crore
Offer TypeTender
Promoter ParticipationYes
Face Value INR 1 per share
Listing AtBSE, NSE

Tanla Platforms Buyback Dates (Timeline)

Board Meeting for Buyback Proposal8 September 2022
Buyback Approval Date8 September 2022
Public Announcement of BuybackComing soon
Tanla Platforms Buyback Record DateComing soon
Buyback Opening DateComing soon
Buyback Closing DateComing soon
Cut-off Date to receive completed tender forms by RegistrarComing soon
Verification Date by the RegistrarComing soon
Return of unaccepted shares by RegistrarComing soon
Extinguishment of accepted sharesComing soon

Tanla Platforms Buyback 2022 Documents

Offer Letter
Draft Letter of Offer
Public Announcement
Board Approval
Upcoming Share Buyback


Tanla Platforms Buyback Entitlement Ratio

Shareholder CategoryEntitlement RatioEntitlement Ratio (in %)
Small Shareholders
(less than INR2 Lakh on record date)
2.53*
General category
(for all other Eligible Shareholders)
*Tentative, based on the shareholding pattern

Small Shareholder is defined as shareholder who holds shares worth less than INR2,00,000 as on record date.


Tanla Platforms Ltd’s Financial Performance

FY2020FY2021FY2022
Total Income1,069.51922.701,274.19
Total Expenses988.61719.111,113.91
Net income (198.92)158.56118.68
Figures in INR crore unless specified otherwise

Calculation of Investment in Buyback

Maximum market value of a share holder as on record dateINR 2,00,000
Buyback price per shareINR 1,200
Maximum shares for small shareholder (2,00,000/1,200)167 shares *
Closing price of stock as on 8 Sep 2022INR 834.35**
Maximum amount invested in buyback ( shares)INR 1,39,336
* No. of shares stands to change according to the closing price on record date
** For simplicity, we have considered price on buyback approval date

Tanla Platforms Buyback Profit Guidance

Shares Tendered Buyback EntitlementAcceptanceBuyback ProfitProfit in %
16755 (100%)1,8281.31
167510 (200%)3,6572.62
167515 (300%)5,4853.94

Registrar of Tanla Platforms Buyback 2022

Coming soon


Manager of Tanla Platforms Buyback 2022

Coming soon


Process to Participate in Tanla Platforms Buyback

All eligible shareholders of the company who own shares in the physical or demat form on the record date may participate in the buyback offer through their stock broker. The eligible shareholders who hold the shares in demat form must notify their brokers of the details of the equity shares that they wish to tender in the buyback offer.

The shareholder must transfer the tendered shares to the clearing corporation’s Special account. In turn, the broker would place a buyback order on the stock exchange.

The eligible shareholders who own the shares in physical form must present their broker with the original share certificates and supporting documents. After document verification is complete, the broker places an order on the stock exchange and submits the original share certificate and TRS (Transaction Registration Slip) to the registrar.


Frequently Asked Questions

When does Tanla Platforms share buyback offer open?

Tanla Platforms share buyback opens on NA 2022 and closes on NA 2022.

Which type of buyback is Tanla Platforms buyback offer?

Tanla Platforms buyback is a tender offer.

What is Tanla Platforms buyback price?

Tanla Platforms buyback price is INR 1,200 per share.

What is Tanla Platforms buyback record date?

Tanla Platforms buyback record date is NA 2022.

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