Shares of Tanla Platforms: Tanla will buyback 14,16666 equity shares at an offer price of ₹1200 per equity share. The offer will be around ₹170 crore.
Tanla Platforms share buyback price has been fixed at Rs 1200 apiece. Tanla Platforms share buyback record date will be announced by the company later.
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Shares of Tanla Platforms hit the upper circuit as the stock gained 5 percent to close at Rs 836.35 apiece on BSE.
Shares of Tanla Platforms hit the upper circuit as the stock gained 5 percent to close at Rs 836.35 apiece on BSE. It can be an alternative tax-efficient way to return money to shareholders. The equity shares to be bought at the buyback offer price are 14,16,666 shares, representing 1.04 percent of the total equity shares in the existing total paid-up equity share capital of the company as well as the total paid-up equity share capital of the Company as on March 31, 2022, the Hyderabad-based Tanla Platforms added.
The resultant equity shares to be bought back at the Buyback Offer Price are 14,16666 Equity Shares, representing 1.04 per cent, of the total Equity shares ...
[Sensex](https://economictimes.indiatimes.com/indices/sensex_30_companies)and [Nifty](https://economictimes.indiatimes.com/indices/nifty_50_companies)Track [latest market news](https://economictimes.indiatimes.com/markets/stocks), [stock tips](https://economictimes.indiatimes.com/markets/stocks/recos)and [expert advice](https://economictimes.indiatimes.com/markets/expert-view)on [ETMarkets](https://economictimes.indiatimes.com/markets). At the given buyback price of Rs 1,200, the company offers a premium of 44 per cent over today’s close of Rs. For fastest news alerts on financial markets, investment strategies and stocks alerts, [subscribe to our Telegram feeds](https://t.me/joinchat/J60pKE7SOStsj5sI8nDmHQ).) [Sebi Mulls Allowing PEs to Own AMCs](/epaper/delhicapital/2022/sep/08/et-front/sebi-mulls-allowing-pes-to-own-amcs/articleshow/94061200.cms) Over 3 years, the stock generated a multibagger return to the tune of 1269 per cent, but on a YTD basis, the stock has corrected by over 55 per cent. [equity](/definition/equity)shares to be bought back at the Buyback Offer Price are 14,16,666 Equity Shares, representing 1.04 per cent, of the total Equity shares in the existing total paid-up equity share capital of the Company as well as the total paid-up equity share capital of the Company as on March 31, 2022.
The resultant equity shares to be bought back at the Buyback Offer Price are 14,16,666 equity shares, representing 1.04%, of the total equity shares in the ...
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Tanla said that it would buy the shares at a price of Rs 1200 per equity share for an aggregate amount up to Rs 170 crore.
It announced its first buyback in April 2020 at Rs 81 per share. The buyback is subject to approval from shareholders. Tender offer route will be used to carry out the buyback process.
Tanla Platforms share target price: Shares of multibagger Tanla Platforms were locked in five per cent upper circuit in BSE intraday trade on Friday Get ...
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Tanla Platforms stock rose 5% to close at Rs836.35 a share on BSE, sending shares of the company higher.
Data does not seem to convincingly prove that short periods of high returns are always followed by meagre returns. You can have prolonged periods of time, when sanity takes a back seat and excesses happen. Sep 09, 2022 Nevertheless, revenues increased by 27.74 % to Rs800.14 crore in Q1 from Rs626.38 crore in the quarter ending in June 2021. Tanla Platforms stock rose 5% to close at Rs836.35 per share on the BSE, sending shares of the company higher. The record date for eligibility, according to the corporation, will be disclosed later.