शुभ दीपावलीDiwali offer: 3 months free on yearly plans · ends 11 NovSee plans
TANLABSETanla Platforms Ltd· IT - SoftwareHighPositive
Announced Mon, 12 May, 2025 · 16:19 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for D Uday Kumar Reddy

Promoter Stake BuyPromoter Below 50pctOwnership Changes View source PDFExplain this filing

TANLA · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close
+11.5%Reaction day
₹494.90
prior close
₹503.75
announcement price
After-mkt
timing
Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)+1.6%+9.8% vs market
Software Products peers, median of 33sector+1.8%+9.7% vs sector

On the reaction day the stock moved 9.8 pts more than Nifty Microcap 250 and 9.7 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.

Minutes after the announcementfrom the announcement price · no benchmark
Stock
5m
+3.1
10m
+4.2
15m
+6.4
30m
+6.3
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
+11.5+1.6+9.8+1.8+9.7
Next day
+13.3+3.3+10.0+1.2+12.0
2d
+12.6+4.3+8.3+1.4+11.1
3d
+15.5+5.1+10.4+1.0+14.4
4d
+17.3+6.4+10.9+2.4+14.8
5d
+13.8+5.2+8.6+1.4+12.4
1w
+13.6+5.9+7.6+0.3+13.2
15d
+24.3+8.0+16.3+1.2+23.1
1m
+35.3+9.8+25.5-1.0+36.3
2m
+28.0+11.8+16.2+0.2+27.8
3m
+23.1+7.2+15.9-1.6+24.7
UpDownMarket · Nifty Microcap 250Sector · Software Products peers, median of 33Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Tanla Platforms promoter D. Uday Kumar Reddy bought 18,62,256 shares of the company at ₹470.15 per share through a block deal on May 12, 2025, for an approximate total value of ₹87.55 crore. His stake in the company rose from 21.72% (2,92,39,225 shares) to 23.10% (3,11,01,481 shares), an increase of 1.38%. The disclosure was filed under SEBI SAST Regulation 29(2) to report the promoter group's increased holding. The total equity share capital of Tanla remains unchanged at 13,46,17,359 shares of face value ₹1 each.

Likely market impact

This is a positive signal as it reflects promoter confidence in the company's prospects through a sizable open-market purchase. The promoter's rising stake to 23.10% strengthens insider alignment with minority shareholders, though the holding remains well below the 25% open-offer trigger threshold.