Mid-sized company Tanla Platforms closed at market valuation on Thursday 8,424.89 crores. As one of the largest suppliers of cloud communications, the firm is a world leader in its industry. The Company’s board will meet on Wednesday, April 26, 2023 to discuss the dividend and to announce Q4 results.
“Pursuant to Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, NOTICE is hereby given that a meeting of the Board of Directors of the Company will be held on Wednesday, the 26th April, 2023. To transact the following items of business To: 1. To consider and approve the Audited Financial Results (Standalone and Consolidated) of the Company for the quarter and financial year ended March 31, 2023. Financial year ended March 31, 2023,” Stocks Today Tanla Platforms said in an exchange filing.
The board further said, “Earnings call to discuss the audited financial results of the company for the quarter and fiscal year ended March 31, 2023 will be held on Thursday, April 27, 2023 at 4:30 PM.”
Tanla Platforms declares equity dividend of 200.00% on face value 1, or 2 per share, for the financial year ending March 2022. It generates a dividend yield of 0.32% at the current share price 628. The company has a solid track record of dividend declarations during the last five years. Tanla Platforms Ltd. has issued 13 dividends since March 23, 2007, according to data from Trendlyne. Tanla Platforms Limited declared an equity dividend of Rs. 8.00 per share in the last 12 months. Dividend yield at current share price of 625.40 is 1.28%.
Shares of Tanla Platforms closed on Thursday 628 each level, up 4.32% from previous close 602. Stock touched 52-week high 1,602.00 (12-Apr-2022) and at a 52-week low 493.00 on (28-Mar-2023). During Q4FY23, the company registered promoter shareholding of 44.18%, FII holding of 14.23%, DII holding of 0.07% and public holding of 41.50%.
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