Nava Buyback Record Date is 28 February 2025.
Nava Limited is a diversified multinational company headquartered in Hyderabad, India, with a presence across Asia and Africa. Established in 1972, the company has expanded its operations over the past five decades into various sectors, including metals, energy, mining, agribusiness, and healthcare.
Business Segments:
- Metals: Nava Limited specializes in manufacturing high-quality manganese alloys, supplying to industries in India, and exporting approximately 30% of its products to markets in the Middle East, Southeast Asia, and Europe.
- Energy: The company operates coal-fired power plants in India and Zambia, with a collective generation capacity of 734 MW. These facilities are managed by expert teams overseeing planning, engineering design, procurement, construction, and commissioning.
- Mining: Through its subsidiary, Maamba Energy Limited, Nava has established a significant presence in Zambia, operating the country’s largest mining concession. The company is also exploring mining opportunities in Côte d’Ivoire.
- Agribusiness: Nava has ventured into agriculture with high-yield avocado and sugarcane plantations in Zambia, leveraging its strong foundation in agribusiness to explore new opportunities in this sector.
- Healthcare: Expanding into the healthcare sector, Nava operates medical clinics specializing in managing iron deficiency and administering intravenous iron in Singapore. The company also in-licenses pharmaceutical products, reflecting its commitment to diversifying into emerging business areas.
Nava Buyback Record Date, Other Details
| Nava Buyback Dates | 6 – 12 March 2025 |
| Nava Buyback Price | INR 500 per share |
| Market Price on Buyback Approval | INR 419.55 per share |
| Buyback Premium on Market Price | 19.18% |
| Buyback Offer Size (Shares) | 72,00,000 shares |
| Buyback Offer Size (Amount) | INR 360 crore |
| Offer Type | Tender |
| Promoter Participation | Yes |
| Face Value | INR 1 per share |
| Listing At | BSE, NSE |
Nava Buyback Dates (Timeline)
| Board Meeting Intimation for Buyback Proposal | 14 February 2025 |
| Buyback Approval Date | 19 February 2025 |
| Public Announcement of Buyback | 21 February 2025 |
| Nava Buyback Record Date | 28 February 2025 |
| Buyback Opening Date | 6 March 2025 |
| Buyback Closing Date | 12 March 2025 |
| Cut-off Date to receive completed tender forms by Registrar | 12 March 2025 |
| Verification Date by the Registrar | 13 March 2025 |
| Return of unaccepted shares by Registrar | 19 March 2025 |
| Extinguishment of accepted shares | 1 April 2025 |
Nava Buyback 2025 Documents
Letter of Offer
Public Announcement
Board Approval
Upcoming Share Buyback
Nava Buyback Entitlement Ratio
| Shareholder Category | Entitlement Ratio | Entitlement Ratio (in %) |
| Small Shareholders (less than INR 2 Lakh on record date) | 17/83 | 20.48 |
| General category (for all other Eligible Shareholders) | 8/187 | 4.28 |
A small shareholder is defined as a shareholder who holds shares worth less than INR 2,00,000 as of the record date.
Nava Financial Performance
| FY 2022 | FY 2023 | FY 2024 | |
| Revenue | 1,678.47 | 1,600.31 | 1,467.58 |
| Expenses | 1,159.69 | 1,233.68 | 1,221.46 |
| Net Income | 381.91 | 322.34 | 219.01 |
Calculation of Investment in Buyback
| Maximum market value of a shareholder as on record date | INR 2,00,000 |
| Buyback price per share | INR 500 |
| Maximum shares for small shareholders (2,00,000/500) | 400 shares * |
| The closing price of the stock as of 19 February 2025 | INR 419.55** |
| Maximum amount invested in buyback (INR 419.55 x 400 shares) | INR 1,67,820 |
** For simplicity, we have considered the price on the buyback approval date
Nava Buyback Acceptance Ratio
| Shares Tendered | Buyback Entitlement | Acceptance ratio | Buyback Profit | Profit in % |
| 400 | 82 | 82 (100%) | 6,596.9 | 3.93 |
| 400 | 82 | 164 (200%) | 13,193.8 | 7.86 |
| 400 | 82 | 246 (300%) | 19,790.7 | 11.79 |
Registrar of Nava Buyback 2025
KFIN TECHNOLOGIES LIMITED
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Tel: +91 40 6716 2222
E-mail: nava.buyback@kfintech.com
Website: www.kfintech.com
Manager of Nava Buyback 2025
ANAND RATHI ADVISORS LIMITED
11th Floor, Times Tower, Kamala Mills Compound,
Senapati Bapat Marg, Lower Parel, Mumbai, 400013
Phone: +91 22 4047 7000
Email: nava.buyback@rathi.com
Website: www.anandrathiib.com
The Process to Participate in Nava Buyback
All eligible shareholders of the company who own shares in the physical or demat form on the record date may participate in the buyback offer through their stockbroker. The eligible shareholders who hold the shares in demat form must notify their brokers of the details of the equity shares that they wish to tender in the buyback offer.
The shareholder must transfer the tendered shares to the clearing corporation’s Special account. In turn, the broker would place a buyback order on the stock exchange.
The eligible shareholders who own the shares in physical form must present their broker with the original share certificates and supporting documents. After document verification is complete, the broker places an order on the stock exchange and submits the original share certificate and TRS (Transaction Registration Slip) to the registrar.
Frequently Asked Questions
What are Nava’s buyback dates?
Nava buyback opens on 6 March 2025 and closes on 12 March 2025.
Which type of buyback is Nava’s buyback offer?
Nava buyback is a tender offer.
What is Nava buyback price?
Nava buyback price is INR 500 per share.
What is the Nava buyback record date?
Nava buyback record date is 28 February 2025.
How to participate in Nava share buyback?
Nava share buyback will be conducted through the tender process and investors who hold the shares on record date can place orders through their broker.