Tanla Platforms has announced a share buyback worth up to Rs 175 crore at Rs 875 per share, a 33.2% premium to its last close. The tender offer will cover 20 lakh shares, or 1.49% of total equity. The buyback represents 24.81% of the standalone reserves and 7.78% of the consolidated reserves. Shareholder approval will be sought via postal ballot and e-voting.