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TANLA PLATFORMS LIMITED Capital/Financing Update 2025

Jun 20, 2025

61461_rns_2025-06-20_b24fdd8c-e667-413c-ac59-75cbb071481d.pdf

Capital/Financing Update

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Date: June 20, 2025

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

Sub.: Incorporation of a New Step-Down Subsidiary Company

Ref: Regulation 30 (read with Schedule III – Part A) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”)

Dear Sir / Madam,

This is to inform you that Karix Mobile Private Limited, an Indian wholly owned subsidiary of Tanla Platforms Limited (“Tanla” or “Company”) has incorporated a subsidiary, Karix Mobile LLC, at Kingdom of Saudi Arabia.

The details as required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, are given in Annexure A to this letter.

Kindly take the same on record.

Thank you.

Yours faithfully, For Tanla Platforms Limited

SESHANUR Digitally signed by SESHANURADHA ADHA CHAVA Date: 2025.06.20 CHAVA 16:05:29 +05'30'

Seshanuradha Chava General Counsel and Company Secretary ACS-15519

Encl: As above

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Annexure A Annexure A
Sr. No. Particulars Details
a) Name of the target entity, details in brief
such as size, turnover etc.
Karix Mobile LLC is incorporated at Kingdom of
Saudi Arabia, on June 19, 2025, as a subsidiary of
Karix Mobile Private Limited, an Indian wholly
owned subsidiary of Tanla Platforms Limited (“Tanla”
or “Company”).
Subscribed share Capital- SAR 350,000
Turnover: Not applicable, as - Karix Mobile LLC is a
newly incorporated company.
b) Whether the acquisition would fall within
related party transaction(s) and whether the
promoter/ promoter group/ group companies
have any interest in the entity being
acquired? If yes, nature of interest and
details thereof and whether the same is done
at “arm’s length”
The initial subscription of SAR 350,000 (Saudi Riyal-
350,000 only) by Karix Mobile Private Limited
towards the share capital of Karix Mobile LLC does
not constitute a Related Party Transaction for the
Company.
Following its incorporation, Karix Mobile LLC has
become a step-down subsidiary and consequently a
Related Party of the Company.
The promoter/promoter group/group companies of the
Company do not have any interest in Karix Mobile
LLC, except as mentioned above.
c) Industry to which the entity being acquired
belongs
Karix Mobile LLC will operate in the CPaaS
(Communication Platform as a Service) sector
facilitating seamless connectivity between businesses
and consumers.
d) Objects and effects of acquisition (including
but not limited to, disclosure of reasons for
acquisition of target entity, if its business is
outside the main line of business of the listed
entity)
Karix Mobile LLC has been strategically incorporated
to spearhead and extend its business operations in
Kingdom of Saudi Arabia. This expansion aims to tap
into the dynamic markets in Kingdom of Saudi Arabia,
leveraging Karix's expertise and innovative solutions
to meet the evolving communication needs of the
MiddleEastregion.
e) Brief details of any governmental or
regulatory approvals required for the
acquisition
Not Applicable
f) Indicative time period for completion of the
acquisition
Not Applicable
g) Consideration - whether cash consideration
or share swap and details of the same
Cash
h) Cost of acquisition or the price at which the
shares are acquired
SAR 350,000
i) Percentage of shareholding / control
acquired and / or number of shares acquired
70% of the paid-up share capital of Karix Mobile LLC
will be held by Karix Mobile Private Limited, India.
j) Brief background about the entity acquired
in terms of products/line of business
acquired, date of incorporation, history of
last 3 years turnover, country in which the
acquired entity has presence and any other
significantinformation(inbrief)
Karix Mobile LLC is incorporated in Kingdom of
Saudi Arabia on June 19, 2025, and yet to commence
its business.