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| Title | Detail |
|---|---|
| Company Name: | Tanla Platforms Ltd |
| Buyback Type: | Tender Offer |
| Total Share Capital: | Rs 11,353 Cr |
| Offer Amount: | Rs 170 Cr |
| Offer Size: | - |
| Buyback Number of Shares: | 14.17 Lakhs |
| Buyback Price: | 1200 |
| Approx Entry Price: | 725 |
| Promoters In: | Y |
| Buyback Approval Date: | 08-09-2022 |
| Record Date: | 25-10-2022 |
| Open Date: | TBD |
| Close Date: | TBD |
| Payment Date: | TBD |
| Record Date Price: | - |
| Maximum Retail Quantity: | 166 |
| Draft Letter of Offer: | - |
| Letter of Offer: | Letter of Offer |
| Acceptance Ratio Retail: | - |
| Acceptance Ratio Retail %: | - |
| Acceptance Ratio General: | - |
| Acceptance Ratio General %: | - |
| Final Acceptance Ratio %: | - |
The Record Date for Tanla Platforms Ltd Buyback offer is 25th Oct 2022
Which means you should hold the Tanla Platforms Ltd share in your demat account by closing session of 25th Oct 2022. Share purchased on and before (25th Oct 2022) - 2 business days will be available in your demat account by 25th Oct 2022.
Its all depend on acceptance ratio which usually announce with Letter of Offer. Lets assume if you have Tanla Platforms Ltd shares at ₹725 and buyback offer price is ₹1200, you can get ₹475 per accepted share. If you hold 276 shares of Tanla Platforms Ltd and if proportionate acceptance is between 33% and 50%, in such case you are eligible to sell your 91 to 138 shares with the gain from buyback of ₹43225 to ₹65550.
The percentage of proportionate acceptance varies from company to company. This percentage can be also 100% which means that company buys all of your shares.
| % Share Accepted | No of Shared Accepted | Gain from Buyback Offer |
|---|---|---|
| 33% | 91 | ₹43225 |
| 50% | 138 | ₹65550 |
| 75% | 207 | ₹98325 |
| 100% | 276 | ₹131100 |
Steps to participate in Tanla Platforms Ltd buyback:
Share holders who hold less than 2 lakh worth of shares are consider in Retail Category. All others will consider in General Category. Last trading price on record date will be used to calculate the eligibility criteria.
Buyback opening date for Tanla Platforms Ltd: Not Yet Announced
Buyback closing date for Tanla Platforms Ltd: Not Yet Announced
This is the window when you need to submit your application for proposal for share buyback. If you are submitting tender forms or submitting physical share certificates, it must reach to registrar by .
As this is a buyback tender offer, shares are accepted in proportionate basis. Proportionate acceptance / rejection will be returned back to the eligible shareholders directly by the Registrar on or before Not Yet Announced.
Buyback opening date for Tanla Platforms Ltd: Not Yet Announced
Buyback closing date for Tanla Platforms Ltd: Not Yet Announced
This is the window when you need to submit your application for proposal for share buyback. If you are submitting tender forms or submitting physical share certificates, it must reach to registrar by .
