New Delhi, June 12 -- Shares of debt-free stock Tanla Platforms surged over 11 percent in intra-day trade on Thursday, June 12, after the company informed the stock exchanges that its board of directors would meet on Monday, June 16, 2025, to consider a proposal for the buyback of equity shares. The announcement triggered a sharp rally in the stock, with investor sentiment turning positive amid expectations of shareholder-friendly corporate action.

In its regulatory filing, the company stated, "Pursuant to Regulation 29(1)(b) of the SEBI LODR, this is to inform that a meeting of the board of directors of Tanla Platforms Limited ('Company') will be held on Monday, June 16, 2025, inter alia, to consider the proposal for buyback of equity s...