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Nava Bharat Ventures Ltd was established in 1972 as an Indian ferro alloys manufacturer, Nava Bharat is now a multinational company, operating in India, South East Asia and Africa with businesses in metals manufacturing, power, mining, agribusiness and healthcare.
Nava Limited is temporarily shutting down one 60 MW power unit for 55-60 days for routine maintenance. Timed during low thermal power demand, no material adverse impact on business or performance is anticipated.
Nava Limited reported strong Q1 FY27 results, with consolidated income at an all-time high of INR 1,269 Cr and standalone income at a record INR 689 Cr, driven by healthy energy performance and disciplined cost management. The 100MW solar project is set for September commissioning. MEL's 2nd phase (thermal) is...
Nava Limited allotted 57,501 equity shares to employees from its RSU Plan 2023 at ₹378 each. This generated ₹2.17 Cr and marginally increased the paid-up capital to ₹28.33 Cr.
Nava Limited held an analyst/investor conference call (group meet) to discuss the company's operational and financial performance for the quarter ended June 30, 2026. The audio recording of this call is available on the company's website.
NAVA Limited granted 6,80,000 Restricted Stock Units (RSUs) to eligible employees under its RSU Plan 2023. These RSUs vest over 1-4 years at an exercise price of ₹465 each, aiming to align employee interests with company growth. This grant could lead to future equity dilution.