The board of Tanla Solutions on Thursday approved the issue of 10.59 lakh shares each to Kishore Annapureddy and Nishitha Nagireddy, promoters of Gamooga Softtech Pvt Ltd, of ₹1 par value at a premium of ₹79 a share on preferential basis.
Shares of Tanla Solutions jumped 5 per cent at ₹57.85 on the BSE.