Tanla Platform Buyback 2022
Tanla Platforms Limited (formerly known as Tanla Solutions Limited) started Journey as the 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, They have come a long way. Today, They have achieved global leadership in Their domain as one of the largest Cloud Communication providers in the world.
Talna Platform are innovating the way world communicates, continuously raising the bar through enhanced speed, ease and simplicity of our Cloud solutions. Over the years, They 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.
Buy Back Offer Deal:
|Buyback Type:||Tender Offer|
|Buyback Record Date:||Oct 25 2022|
|Buyback Opening Date:||Dec 20 2022|
|Buyback Closing Date:||Jan 02 2023|
|Buyback Offer Amount:||₹ 170 crore|
|Date of Board Meeting approving the proposal:||Sep 08 2022|
|Date of Public Announcement:||Sep 08 2022|
|Buyback Offer Size:||24.91%|
|Buyback Number of Shares:||14,16,666|
|Price Type:||Tender Offer|
|Buyback Price:||₹ 1200 Per Equity Share|
Details of Buyback:
Salient financial parameters:
|Particulars in Cr.||Mar-16||Mar-17||Mar-18||Mar-19||Mar-20||Mar-21||Mar-22|
|Profit before tax||14||39||13||33||-237||415||674|
|EPS in Rs||0.71||3.81||1.7||2.58||-14.47||26.18||39.73|
|Dividend Payout %||28%||7%||18%||14%||0%||8%||5%|
How to Participate in buyback?
Profit from the buyback on the bases of acceptance Ratio:
|Amount Invested in Buyback||138776||138776||138776||138776|
|No. of Shares buyback||54||83||124||166|