TANLA PLATFORMS LIMITED — Capital/Financing Update 2019

Mar 4, 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

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4[th] March 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 of Board Meeting for approval of Postal Ballot Notice

Pursuant to Regulation 29 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, notice is hereby given that a meeting of the Board of Directors of the Company will be held on Thursday, 7th March 2019 at 10:30 am at the Company’s Registered Office to consider and approve the Postal Ballot Notice inter-alia for - Preferential allotment of Equity Shares to Banyan Investments Limited, Mauritius.

Explanatory Note:

The Share Purchase Agreement to acquire shares of Karix Mobile Private Limited was executed on August 20, 2018. Shareholders’ approval for issue and allotment of Equity Shares on a preferential basis to Banyan Investments Limited, Mauritius (“GSO”) was obtained in the Extra Ordinary General Meeting held on September 17, 2018. The In-principle approvals were received from NSE & BSE on September 21, 2018, & September 24, 2018, respectively. But the acquisition of shares of Karix and issuing shares to GSO could not be completed pending regulatory approval. On the basis of an intimation received from the concerned regulator, we understand that the proposed transaction may be completed by the parties.

Considering the time that has elapsed since the Shareholders’ approval (sought on Sept 17[th] , 2018), as a matter of good corporate governance, the Company proposes to seek shareholders’ approval through Postal Ballot for Issue of Equity Shares on a preferential basis to Banyan Investments Limited, Mauritius (“GSO”), to consummate the proposed transaction.

This intimation is also available on the website of the Company at www.tanla.com and on the website of the Stock Exchanges where the shares of the Company are listed at www.bseindia.com & www.nseindia.com. We request you to take note of the same and oblige.

Yours faithfully,

For Tanla Solutions Limited

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Seshanuradha Chava VP - Legal & Secretarial ACS-15519