NAVA LIMITED — Dividend/Bonus, 27-03-2025: Buyback

Nava Limited has completed a buyback of 72,00,000 fully paid-up equity shares at a price of ₹500 each, totaling ₹36,000 Cr. The buyback, executed via a tender offer, saw bids exceeding the proposed buyback amount by 2.57 times. Following the extinguishment of these shares, the revised paid-up equity capital stands at ₹28,30,01,276, encompassing 28,30,01,276 fully paid-up shares. The buyback enhances shareholder value by potentially increasing earnings per share and reflects Nava’s commitment to returning capital to its shareholders. Promoter shareholding has risen to 50.13% post-buyback.