NAVA LIMITED — Dividend/Bonus, 04-03-2025: Buyback

Nava Limited has announced a Buyback of up to 72,00,000 equity shares at a price of ₹500 per share, aggregating up to ₹360 crores. The record date for eligibility is February 28, 2025. The buyback opens on March 6, 2025, and closes on March 12, 2025. The buyback is designed to optimize shareholder returns and enhance overall shareholder value, with 15% of the shares reserved for small shareholders. Post-buyback, the promoter group’s holding may increase from 48.89% to 50.13%, while the public shareholding will adjust accordingly.