Tanla Platforms buyback 2025: Price fixed by IT company; stock up 7%

Platforms Buyback 2025: Shares of Tanla Platforms , a software products company, are in action today (June 17) following a buyback announcement. The IT company's shares opened 3 per cent higher at Rs 677 against the previous close of Rs 657.15. The counter extended the opening gains and went on to make a high of Rs 707.70, 7.69 per cent. At the time of writing this report at 11 AM, Tanla Platforms shares held firmly in the green to quote 4 per cent higher at Rs 683. As many as 69 lakh shares changed hands around the same time. Tanla Platforms on Monday (June 16) shares the details about buyback through an exchange filing. As per a statement, the board has approved the proposal for buyback of up to 20,00,000 shares of Re 1 face value. This represents up to 1.49 per cent of the company's total number of shares.