Tanla Platforms Limited announced a postal ballot notice on June 16, 2025, seeking shareholder approval for two key special resolutions:

• Appointment of Independent Director: Approval for the appointment of Mr. Sunil Ramakant Bhumralkar (DIN: 00177658) as an Additional Director, under the Non-Executive and Independent Director category, for a period of five consecutive years from June 16, 2025, to June 15, 2030.
• Share Buyback: Approval for the buyback of up to 20,00,000 fully paid-up Equity Shares, representing up to 1.49% of the total existing paid-up equity share capital. The buyback price is set at ₹875 per equity share, payable in cash, for an aggregate amount not exceeding ₹175,00,00,000 (Indian Rupees One Hundred and Seventy Five Crore Only).
  • This buyback amount represents 24.81% and 7.78% of the aggregate paid-up equity share capital and free reserves of the Company as per the latest audited standalone and consolidated financial statements as on March 31, 2025, respectively.
  • The buyback will be conducted through the “Tender Offer” route using the stock exchange mechanism.
  • The buyback offer price of ₹875 per share represents a premium of 40.53% and 40.62% over the closing price of the Equity Shares on NSE and BSE, respectively, on June 11, 2025.
  • The Company will not use borrowed funds for the buyback.
  • 15% of the number of equity shares proposed to be bought back, or the number of equity shares entitled as per the shareholding of small shareholders, whichever is higher, shall be reserved for small shareholders. The postal ballot notice is being sent electronically to eligible members whose email addresses are registered. The cut-off date for determining voting rights is Friday, June 13, 2025. The remote e-voting period commences from 9:00 a.m. (IST) on Tuesday, June 17, 2025, and concludes at 5:00 p.m. (IST) on Wednesday, July 16, 2025. The results of the postal ballot are expected to be declared on or before July 18, 2025.