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TANLA PLATFORMS LIMITED — Capital/Financing Update 2020
Jul 2, 2020
61461_rns_2020-07-02_0b79a8e9-d9d4-4527-9728-3919bee66376.pdf
Capital/Financing Update
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Tanla Solutions Limited T: +91-40-40099999 Tanla Technology Center [email protected] Hi-tech city Road, Madhapur, tanla.com Hyderabad, India - 500081 CIN: L72200TG1995PLC021262
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Date: July 02, 2020
To,
| BSE Limited Department of Corporate Services Phiroze Jeejeebhoy Towers Dalal Street Mumbai – 400 001 Scrip: 532790 |
National Stock Exchange of India Limited Exchange Plaza, C-1, Block G Bandra Kurla Complex Bandra (E) Mumbai – 400 051 Symbol: TANLA |
|
|---|---|---|
Dear Sirs,
Sub: Update regarding buyback of not exceeding 1,90,12,345 fully paid-up equity shares of face value of INR 1/- each (the “Equity Shares”) of Tanla Solutions Limited (the “Company”) at a price of INR 81/- per Equity Share through the tender offer process, pursuant to the provisions of the Securities and Exchange Board of India (Buy-back of Securities) Regulations, 2018, as amended and the Companies Act, 2013, as amended (“Buyback”) – Broadcast of advertisement regarding the tendering period
This is in continuation to our intimation dated June 28, 2020 whereby we had informed the stock exchanges that pursuant to the SEBI circular bearing reference number SEBI/CIR/CFD/DCR1/CIR/P/2020/83 dated May 14, 2020, where certain relaxations were granted relating to procedural matters for takeovers and buybacks (“ Relaxation Circular ”), we had published advertisements in certain newspapers regarding the completion of the dispatch of the Letter of Offer along with Tender Form electronically to the Eligible Shareholders holding Equity Shares of the Company as on record date (i.e. June 10, 2020) and whose email IDs have been registered with the depositories/Company.
This is to inform you that pursuant to the Relaxation Circular, the Company has also made an advertisement (attached as Annexure 1) providing the details of the Buyback on the following websites:
| www.bseindia.com | www.businessinsider.in | www.business-standard.com |
|---|---|---|
| www.businesstoday.in | www.businessworld.in | www.caclubindia.com |
| www.economictimes.com | www.finance.yahoo.com | www.financialexpress.com |
| www.goodreturns.in | www.moneycontrol.com | www.zeebiz.com |
| www.vccircle.com | www.chittorgarh.com | www.investing.com |
| www.investmentguruindia.com | www.investopedia.com | www.livemint.com |
The advertisement will also be available on the websites of the Company (i.e., www.tanla.com), the Manager to the Buyback (i.e., www.hdfcbank.com) and the Registrar to the Buyback (i.e., https://karisma.kfintech.com/buybackoffer.aspx).
Tanla Solutions Limited Tanla Technology Center Hi-tech city Road, Madhapur, Hyderabad, India - 500081
T: +91-40-40099999 [email protected] tanla.com
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CIN: L72200TG1995PLC021262
This is for your information and records.
Thanking You
For Tanla Solutions Limited
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Authorised Signatory Seshanuradha Chava VP – Legal and Secretarial ACS-15519
Enclosures: As above
www.bseindia.com
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www.businessinsider.in
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www.business-standard.com
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www.businesstoday.in
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www.businessworld.in
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www.caclubindia.com
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www.economictimes.com
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www.finance.yahoo.com
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www.financialexpress.com
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www.goodreturns.in
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www.moneycontrol.com
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www.zeebiz.com
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www.vccircle.com
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www.chittorgarh.com
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www.investing.com
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www.investmentguruindia.com
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www.investopedia.com
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www.livemint.com
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