Tanla Platforms Limited has incorporated a wholly-owned subsidiary “Tanla Foundation” to promote and support CSR activities of Tanla & its subsidiaries.
Tanla Foundation is incorporated as a not for profit Company.
The initial subscription by the Company does not fall within related party transactions and the Promoters and Promoter Group are not interested in the transaction, according to the regulatory filing.
The scrip touched intraday high and intraday low at Rs908 per piece and 863 per piece respectively during early trading hours on Wednesday.
At around 1:50 PM, Tanla Platforms was trading at Rs866.60 apiece lower by 0.57% on Sensex.