Comparison between Tanla Platforms Buyback 2022 and TCI Express Buyback.
Tanla Platforms Buyback 2022 is a Tender Offer buyback proposed to list at BSE, NSE while TCI Express Buyback is a Open Market Through Stock Exchange proposed to list at BSE.
| Tanla Platforms Ltd. | TCI Express Ltd. | |||||||
|---|---|---|---|---|---|---|---|---|
| Logo |  |  | ||||||
| Type of Buyback | Tender Offer | Open Market Through Stock Exchange | ||||||
| Listing At | BSE, NSE | BSE | ||||||
| Face Value | ₹1 per share | ₹2 per share | ||||||
| Buyback Price | ₹1200 per share | ₹2050 per share | ||||||
| Issue Size | 14,16,667 shares | |||||||
| Issue Size (Amount) | ₹170.00 Crores | ₹75.00 Crores | ||||||
| Buyback Ratio |
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| Registrar | Kfin Technologies Ltd. | Kfin Technologies Ltd. | ||||||
| Lead Managers | HDFC Bank Ltd. | Motilal Oswal Investment Advisors Ltd. | ||||||
| Necessity of the buyback | The Buyback is being undertaken for the following reasons:
| The buyback is being undertaken for the following reasons: 1. The Buyback is generally expected to improve return on equity, through distribution of cash and improve eamings per share by reduction in the Equity base, thereby leading to long term increase in Members' value. |
Tanla Platforms Buyback 2022 and TCI Express Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Tanla Platforms Buyback 2022 Buyback record date is Oct 25, 2022. TCI Express Buyback Buyback record date is .
| Tanla Platforms Ltd. | TCI Express Ltd. | |
|---|---|---|
| Record Date | Oct 25, 2022 | |
| Offer Open Date | Dec 20, 2022 | Aug 18, 2022 |
| Offer Closure Date | Jan 02, 2023 | Feb 13, 2023 |
| Last date for receipt of tender forms | Jan 02, 2023 | |
| Finalisation of buyback | Jan 10, 2023 | |
| Last Date for settlment of bids | Jan 11, 2023 | |
| Last Date for extinguishment of shares | Jan 18, 2023 |
Comparison of Tanla Platforms Buyback 2022 and TCI Express Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.
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| Stock price at BSE | Stock price at BSE (in preceding 3 months)
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| Stock price at NSE | Stock price at NSE (in preceding 3 months)
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