NAVA LIMITED — Dividend/Bonus, 21-02-2025: Public Announcement - Buyback of Shares

Nava Limited has approved a buyback of up to 72,00,000 fully paid-up equity shares at ₹500 per share, amounting to a total of ₹360 crores. The buyback will occur via a tender offer, with a record date set for February 28, 2025. This represents approximately 9.87% of the paid-up equity capital and is positioned to enhance shareholder value while ensuring compliance with regulatory requirements. Notably, promoters have opted out of participating in this buyback, and certain provisions have been established to protect minority shareholders throughout the process.