NAVA BHARAT VENTURES LTD. - Corporate Action-Buy back

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26 Feb 2021
1. Further to our intimation dated February 23, 2021 and in terms of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('the Listing Regulations'), we wish to inform you that the Board of Directors of Nava Bharat Ventures Limited ('the Company'), at its meeting held on February 26, 2021 has approved the proposal for buyback of fully paid up Equity Shares of face value of Rs. 2 (Rupee Two only) each for an aggregate amount not exceeding Rs. 150 crores (Rupees One hundred and fifty Crores Only) and at a price not exceeding Rs. 100/- (Rupees One Hundred only) per Equity Share ('the Maximum Buyback Price') from the shareholders of the Company, excluding members of promoters, promoter group and persons acting in concert; payable in cash, from the open market purchase through stock exchanges mechanism .
View all announcements for NAVA BHARAT VENTURES LTD.	Source: BSE India

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