Tanla Platforms Share Price: BSE 500 Stock Jumps Nearly 10% On Buyback Buzz — Should You Invest?
Tanla Platforms shares surged nearly 10% on Thursday. | Image:
Freepik
Tanla Platforms Share Price: Tanla Platforms’ share price surged 9.7% on Thursday to Rs 682.60 after the company announced a board meeting scheduled for June 16, 2025, to consider a buyback of equity shares.
In its regulatory filing, Tanla said the board would “consider the proposal for buyback of equity shares of the Company and other matters necessary and incidental thereto,” as per the provisions of the Companies Act, SEBI regulations, and other applicable laws.
What Is Buyback?
A buyback is generally seen as a positive corporate action. It reduces the total number of shares in circulation, which can boost earnings per share (EPS) and return on…
