Building on the tremendous response from previous editions, this year’s campaign brings even more value and exclusive savings for customers across the country. Customers purchasing petrol worth ₹3,000 and above can avail a ₹3 per litre discount, for spends between ₹600 and ₹2,999 gets an instant ₹2 per litre discount.  A flat ₹1 per litre saving is applicable for Diesel customers.

Commenting on this consumer initiative Madhur Taneja, Chief Marketing Officer, Nayara Energy said; “Maha Bachat Utsav has become a key part of our customer engagement efforts, and we are delighted to bring it back this year. The consistent positive response over the years reflects the deep trust and loyalty our customers have in us. Through this initiative, we aim to offer significant savings on fuel for customers nationwide and an opportunity for new consumers to experience the high-quality service that Nayara Energy is known for.”

Timed perfectly with the excitement of the cricketing season and the onset of summer vacations, the campaign is designed to enhance customer delight during travel and leisure. With instant discounts available at Nayara Energy retail outlets nationwide, customers can enjoy meaningful savings on Petrol and Diesel.

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With an impressive career spanning over three decades, Deepesh brings extensive experience in finance, strategy and M&A, having worked on complex mandates across key sectors such as Oil & Gas, Infrastructure & Construction, Retail and Manufacturing.

“Deepesh brings with him deep sectoral expertise and a strong blend of financial planning and strategic acumen. His wealth of experience and proven track record will be instrumental in driving financial excellence and supporting our strategic vision of delivering industry-leading performance. With Deepesh on board, we are confident of building stronger and scaling bigger.” said Alessandro des Dorides, Chief Executive Officer at Nayara Energy.

In his new role at Nayara Energy, Deepesh will lead the company’s financial strategy and operations, supporting its continued growth and contribution to the energy sector. His proficiency spans across long-term strategy and transformation, investor relations, treasury, corporate governance, internal audits/compliance, and risk management.

Prior to joining Nayara Energy, Deepesh held the position of Chief Financial Officer & Wholetime Director at Castrol India Limited. He has also worked with global leaders such as British Petroleum (bp) and Andersen, holding leadership roles in large, culturally diverse teams in both Asia Pacific and global offices. A Chartered Accountant, Certified Internal Auditor (USA) and IIM Ahmedabad alumnus, Deepesh  has been recognized as the ‘Leading CFO of the Year 2022’ by Confederation of Indian Industry (CII) and ‘CXO of the Year 2020’ by the Institute of Chartered Accountants of India (ICAI).

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The equity shares of Nayara Energy Limited were previously listed on BSE Limited and National Stock Exchange of India Limited. The equity shares were voluntarily delisted from both the stock exchanges w.e.f. February 17, 2016 in accordance with applicable SEBI (Delisting of Equity Shares) Regulations, 2009. Erstwhile promoter entity acquired equity shares from non-promoter public shareholders during the Delisting process, which was conducted through Reverse Book Building on Stock Exchange platform and subsequently via an Exit Offer for one-year period from February 2016 to February 2017.

However, over 2 lakh retail shareholders, who did not participate in the Delisting and subsequent Exit Offer provided to them, continue to hold shares in the Company.

Since the equity shares of the Company are not traded on any of the stock exchanges, the Minority Shareholders are not able to liquidate or monetize their shareholding. Minority Shareholders have been frequently approaching the Company requesting an exit opportunity be provided to them.

Hence the Board of Directors have decided to make a buyback offer to the minority shareholders. Based on a valuation exercise conducted by an Independent Registered valuer, the offer would be made at a price of Rs.731/- per share.

The Company would shortly be finalising the schedule for the buyback program and issuing the Letter of Offer to its Minority shareholders.

Shareholders can reach out to the Registrars and the Share Transfer Agents at following email address:

a)      rnt.helpdesk@in.mpms.mufg.com – For queries relating to their shareholding in the Company;

b)      nayara.buyback2025@in.mpms.mufg.com – For queries relating to proposed buyback once the buyback offer is launched

The post Nayara Energy to make buy-back offer to minority shareholders to buyback at Rs 731 per share appeared first on newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra.

Bengaluru, 03 December 2024: Nayara Energy, a leading player in the downstream energy sector and India’s largest private fuel retailer, has announced its much awaited festive season scheme “Sab ki Jeet Guaranteed 2024”. The much-awaited consumer scheme that runs until January 31, 2025 offers consumers highest fuel savings on petrol and diesel purchases and gives consumers the opportunity to enjoy guaranteed savings on fuel purchases.

Customers can save upto Rs 5 per litre on a minimum fueling of Rs. 1,000 on petrol or diesel.  . This unique offer not only provides tangible benefits to consumers but also reinforces Nayara Energy’s commitment to customer centricity and creating delightful experiences. Speaking about the initiative, Madhur Taneja, Chief Marketing Officer, Nayara Energy, said, “At Nayara Energy, we believe in offering consumers real value through tangible rewards and unmatched savings. This scheme reflects our unwavering commitment to enhancing customer satisfaction and positioning ourselves as the go-to choice for their fueling needs. “Sab ki Jeet Guaranteed” scheme encourages customers to pay via digital platforms, ensuring a seamless, secure, and cashless experience that aligns with the country’s growing trend of cashless transactions and digital transformation journey. “

The scheme is applicable to both petrol (MS) and diesel (HSD), catering to a diverse consumer base. This initiative aims to position Nayara Energy as the preferred fueling destination for both urban and rural consumers. By offering guaranteed savings and encouraging digital transactions, the company ensures every customer receives extra benefits and convenience at every step.

Nayara Energy continues to innovate and redefine customer engagement by blending value-driven initiatives with an exceptional fueling experience.

The post Nayara Energy Unveils Annual Savings Scheme ‘Sab ki Jeet Guaranteed’ for Consumers appeared first on newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra.