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Navneet Education Buyback FAQ's

Navneet Education Buyback Detail
Offer Opens On Jun 7, 2021
Offer Closes On Dec 6, 2021
Issue Size (Amount) ₹50.00 Crores
Buyback Price ₹100 per Share
Listing At BSE, NSE

Navneet Education Buyback Date & Price FAQs

The Navneet Education Buyback price is set at Rs 100 Per Share. The Navneet Education Buyback opens on Jun 7, 2021 and closes on Dec 6, 2021.

There is no concept of Tender form in case of an open market offer through the Stock exchange. Any equity shareholder holding the Equity shares of Navneet Education Buyback can participate in the buyback offer through their stockbroker.

The Public Announcement for Navneet Education Buyback can be download here.

Any equity shareholder holding the shares in Demat form can participate in the buyback offer through their stockbroker. The physical shareholder can participate only once the shares get converted into a Dematerialized form.

The shareholder needs to inform their broker on the details of the Equity shares they wish to sell. The broker will place a sell order whenever the company places a buy order for the buyback. The trade would get executed at the offer price or lesser only when the price offered by the shareholder matches with the buy order placed by the company.

Necessity of the Issue:

The Buyback aims to :
i) Return surplus cash to the shareholders and enhance overall return to the shareholders.
ii) Improve Return on Equity and Earnings per share and thereby enhance shareholder value in the long term.

The Navneet Education Buyback offers an opportunity for the shareholders to exit their positions at a premium price. In case you stay invested you would have an increased percentage of shareholding in the company and improved earnings per share. Thus, one should understand the company fundamentals along with one’s need, goals, and risk appetite to decide if one wants to stay invested or participate in the buyback offer.


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