https://www.taxtmi.com/news?id=66513 Nava Global Pte Ltd will buy back 99,20,635 Nava-held shares for US$50 million, at US$5.04 per share against a book value of US$1.20, based on an independent fair equity valuation of US$1.26 billion. Nava Ltd retains 100% voting rights post-transaction. The consideration, after applying a historical cost of investment of Rs.48.33 crore on a FIFO basis, will be subject to long term capital gains tax. en-us Mon, 05 Jan 2026 18:16:03 +0530 Mon, 05 Jan 2026 18:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=66513 Nava Global Pte Ltd will buy back 99,20,635 Nava-held shares for US$50 million, at US$5.04 per share against a book value of US$1.20, based on an independent fair equity valuation of US$1.26 billion. Nava Ltd retains 100% voting rights post-transaction. The consideration, after applying a historical cost of investment of Rs.48.33 crore on a FIFO basis, will be subject to long term capital gains tax. News - Mon, 05 Jan 2026 18:16:03 +0530 https://www.taxtmi.com/news?id=66513