This small cap company announces Rs 100 crore buyback, sets August 13 as record date

Navneet Education's board approved a Rs 100 crore buyback plan, with August 13 set as the record date. The company will repurchase 50 lakh shares at Rs 200 each, constituting 2.21% of total shares. Promoters hold 63.31% of the company's shares, and public shareholders hold 36.69%.