TANLA PLATFORMS LIMITED — Capital/Financing Update 2025

Feb 20, 2025

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Date: February 20, 2025

To,

BSE Limited National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers, “Exchange Plaza” Dalal Street, Bandra-Kurla Complex, Bandra (East), Mumbai - 400 001 Mumbai - 400 051 Scrip Code: 532790 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 PT Karix Communications Indonesia, in Indonesia as its wholly owned subsidiary.

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 and disseminate the information.

Thank you.

Yours faithfully,

For Tanla Platforms Limited

Digitally signed by SESHANURA SESHANURADHA CHAVA DHA CHAVA Date: 2025.02.20 18:25:12 +05'30'

Seshanuradha Chava General Counsel and Company Secretary ACS-15519

Encl: As above

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Annexure A

Sr. No.	Particulars	Details
a)	Name of the target entity, details in brief such as size, turnover etc.	PT Karix Communications Indonesia is incorporated in Indonesia on February 14, 2025, as a wholly owned subsidiary of Karix Mobile Private Limited, which is a wholly owned subsidiary of Tanla Platforms Limited (“Tanla” or “Company”). Subscribed share Capital- IDR 10 billion Turnover: Not applicable, as - PT Karix Communications 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 IDR 10 billion (Indonesian rupiah- 10 billion Only) by Karix Mobile Private Limited towards the share capital of PT Karix Communications does not constitute a Related Party Transaction for the Company. Following its incorporation, PT Karix Communications has become a subsidiary and consequently a Related Party of the Company. The promoter/promoter group/group companies of the Company do not have any interest in PT Karix Communications, except as mentioned above.
c)	Industry to which the entity being acquired belongs	PT Karix Communications 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)	PT Karix Communications has been strategically incorporated to spearhead and extend its business operations in Indonesia. This expansion aims to tap into the dynamic markets in Indonesia, leveraging Karix's expertise and innovative solutions to meet the evolving communication needs of the region.
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	IDR 10 billion
i)	Percentage of shareholding / control acquired and / or number of shares acquired	100% of the paid-up share capital of the PT Karix Communications will be held by Karix Mobile Private Limited
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 significant information (in brief)	PT Karix Communications is incorporated in Indonesia on February 14, 2025, and yet to commence its business.