Tanla to buy full stake in UAE's ValueFirst MiddleEast for about Rs 148.5 crore
TANLA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.8 pts more than Nifty Microcap 250 and 1.9 pts more than its Software Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Tanla Platforms board approved buying 100% of ValueFirst Middle East FZC (UAE) through subsidiary Karix Mobile FZ LLC for total enterprise value of AED 58.25 million (around Rs 148.52 crore). This includes cash of Rs 12 crore and the rest being liabilities assumed. VF FZC offers CPaaS services across UAE, Saudi Arabia and Indonesia with FY26 turnover of about Rs 181.63 crore. Target has negative net worth of around Rs 136.52 crore. Deal is expected to close by Q2 of FY27.
Expands Tanla's overseas CPaaS reach in Middle East and Southeast Asia. Negative net worth of target and large debt assumption warrant close watch.