ALPHA TRIBE

NAVA LIMITEDDividend/Bonus, 19-02-2025: Record Date

19-02-2025 | 12:01 pm

Nava Limited has approved a buyback of up to 72,00,000 equity shares at ₹500 per share, totaling a maximum consideration of ₹360 crores. This buyback accounts for approximately 2.48% of the total equity shares, targeting shareholders excluding promoters as per the record date set for February 28, 2025. Anand Rathi Advisors Limited has been appointed as the manager for the buyback. A committee has been established to oversee the buyback process, with the possibility of adjusting the buyback price or the number of shares until one working day prior to the record date.

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