TANLA PLATFORMS LIMITED — Capital/Financing Update 2019

Jan 23, 2019

Tanla Solutions Limited T: +91-40-40099999 Tanla Technology Center info@tanla.com Hi-tech city Road, Madhapur, tanla.com Hyderabad, India - 500081 CIN: L72200TG1995PLC021262

==> picture [49 x 49] intentionally omitted <==

23[rd] January 2019

To,

	BSE LimitedPhiroze Jeejeebhoy Towers,Dalal Street,Mumbai - 400 001ScripCode:532790	National Stock Exchange of India Ltd.“Exchange Plaza”Bandra-Kurla Complex, Bandra (East),Mumbai - 400 051Symbol:TANLA

Dear Sir / Madam,

Subject: Intimation under Reg. 30 of SEBI (LODR) Regulations, 2015.

This is to inform the exchanges that, pursuant to the investment made by the Company in Jengatron Gaming Private Limited (a startup), the Company holds 30% of the share capital of Jengatron, thereby making it an Associate Company of Tanla.

In this regard, please find enclosed a disclosure containing the details pursuant to Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with circular No. CIR/CFD/CMD/4/2015 dated 9[th] September 2015 as Annexure-1.

This information is provided to the exchanges under Regulation 30 of SEBI (LODR) Regulations, 2015.

This is for your information and record.

Yours faithfully,

For Tanla Solutions Limited

==> picture [81 x 43] intentionally omitted <==

==> picture [78 x 75] intentionally omitted <==

Seshanuradha Chava VP - Legal & Secretarial ACS-15519

Tanla Solutions Limited T: +91-40-40099999 Tanla Technology Center info@tanla.com Hi-tech city Road, Madhapur, tanla.com Hyderabad, India - 500081 CIN: L72200TG1995PLC021262

==> picture [49 x 49] intentionally omitted <==

Annexure – 1

Sr. No.	Items for Disclosure	Description
1	Name of the target entity, detailsin brief such as size, turnover etc.	Jengatron Gaming Private Limited.Jengatron is a skill based mobile gamingplatform.Jengatron was incorporated on 14/07/2016 andis yet to generate revenues as per AuditedFinancials FYE 31st March 2018.
2	Whether the acquisition wouldfall within related partytransaction(s) and whether thepromoter/ promoter group/ groupcompanies have any interest in theentity being acquired? If yes,nature of interest and detailsthereof and whether the same isdone at“arms-length”	The proposed acquisition is not a related partytransaction.The Promoter & Promoter Group have nointerest in the entity being acquired.
3	Industry to which the entity beingacquired belongs	Mobile Gaming Industry
4	Objects and effects of acquisition	To provide financial support for the growth ofJengatron.
5	Brief details of any governmentalor regulatory approvals requiredfor the acquisition	Nil
6	Indicative time period forcompletion of the acquisition	The closing of the transaction is expected to takeplace before the end of January 2019.
7	Nature of consideration - whethercash consideration or share swapand details of the same	The Consideration is in Cash.
8	Cost of acquisition or the price atwhich the shares are acquired	The Company acquired 30% of stake inJengatron i.e., 60,000 equity shares of INR 10/-each fully paid up at a premium of INR 323.33per share.

Tanla Solutions Limited T: +91-40-40099999 Tanla Technology Center info@tanla.com Hi-tech city Road, Madhapur, tanla.com Hyderabad, India - 500081 CIN: L72200TG1995PLC021262

==> picture [49 x 49] intentionally omitted <==

9	Percentage of shareholding /control acquired and / or numberof shares acquired	30%60,000 Equity Shares of INR 10/- each fully paidup.
10	Brief background about the entityacquired in terms of products/lineof business acquired, date ofincorporation, history of last 3years turnover, country in whichthe acquired entity has presenceand any other significantinformation (in brief)	Jengatron was incorporated on 14/07/2016 whichis into mobile gaming platform and is yet togenerate revenues as per Audited Financials FYE31stMarch 2018.

For Tanla Solutions Limited

==> picture [81 x 44] intentionally omitted <==

==> picture [78 x 75] intentionally omitted <==

Seshanuradha Chava VP - Legal & Secretarial ACS-15519