• Buyback Issues List

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NSE

1. When is Navneet Education Buyback offer coming?

   The Navneet Education Buyback opens on Jun 7, 2021, and closes on Dec 6, 2021.

2. Which type of buyback is Navneet Education Buyback offer?

   The Navneet Education Buyback is a Open Market Through Stock Exchange.

3. What is the schedule of activities for Navneet Education Buyback?

   Navneet Education Buyback Schedule

   Buyback Opening Date	Jun 7, 2021
   Buyback Closing Date	Dec 6, 2021
   Last date for acceptance of shares	Upon relevant pay-out by the Stock exchange

4. What is the offer price for Navneet Education Buyback offer?

   The Navneet Education Buyback is being offered at Rs ₹100 per share per equity share.

5. In what ratio is the Navneet Education Buyback offered?

   There is no ratio applicable in case of open market offer through stock exchange mechanism.

6. What is the record date for Navneet Education Buyback offer?

   There is no concept of record date in case of open market through stock exchange mechanism.

7. What is the issue size of Navneet Education Buyback?

   The Navneet Education Buyback has announced a buyback for an aggregate amount of not more than Rs. ₹50.00 Crores with pricing of Rs.₹100 per share.

8. What is the necessity for Navneet Education Buyback?

   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.

9. Where can I get the Public Announcement for Navneet Education Buyback?

   Public Announcement

10. How to participate in Navneet Education Buyback?

    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.

11. Is Navneet Education Buyback good or bad?

    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.