Tanla Platforms Shareholders Approve ₹175 Crore Buyback at ₹875 Per Share

Tanla Platforms Limited has received shareholder approval for its proposed buyback of equity shares amounting to ₹175 crore. The resolution was passed by a special majority through a postal ballot using remote e-voting, as disclosed on July 17, 2025. This marks a strategic move aimed at enhancing shareholder value.

Buyback Details: ₹875 Per Share for 20 Lakh Shares

The approved buyback involves up to 20,00,000 fully paid-up equity shares with a face value of ₹1 each. The buyback price has been set at ₹875 per share, resulting in a total payout of up to ₹175 crore. The transaction will be executed through the tender offer route, on a proportionate basis.

Shareholder and Board Approval Secured

The buyback proposal was first approved by the company’s Board on June 16, 2025, and later ratified by shareholders via a special resolution on July 17, 2025. The process complied with Regulation 5(v) of the SEBI (Buyback of Securities) Regulations, 2018. A certified copy of the resolution was submitted to the BSE and NSE for the record.

Read More: IPO Bound Flipkart to Buy Back $50 Million in ESOPs, Benefiting Over 7,000 Employees!

Strategic Objective Behind the Move

Through this buyback, Tanla aims to reward its shareholders while optimising its capital structure. The decision reflects management’s confidence in the company’s performance and long-term value. By reducing the number of outstanding shares, the move could also enhance earnings per share (EPS).

Tanla Platforms Share Price Performance

On July 17, 2025, Tanla Platforms share price opened at ₹660.15 on NSE, above the previous close of ₹657.40. During the day, it surged to ₹661.00 and dipped to ₹650.85. The stock is trading at ₹653.60 as of 1:39 PM. The stock registered a moderate decline of 0.58%.

Over the past week, it has moved up by 3.40%, over the past month, it has moved up by 1.61%, and over the past 3 months, it has moved up by 36.57%.

Conclusion

Tanla Platforms' ₹175 crore buyback, approved via shareholder resolution, underscores the company’s commitment to shareholder returns. The buyback price of ₹875 offers a premium over recent trading levels, potentially creating value for participating investors.

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