| Purpose | Board Meetings Date | Announcement Date |
|---|---|---|
| Board Meeting | 19 Feb 2025 | 14 Feb 2025 |
| Nava Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 19/02/2025 inter alia to consider and approve the proposal for buyback of equity shares of the Company. Buyback 1. Approval of Buyback The proposal for buyback of up to 72,00,000 fully paid-up equity shares of face value INR 1/- each (Equity Shares) by the Company (Buyback), representing up to 2.48 % of the total number of Equity Shares of the Company, at a price of INR 500.00/- (Rupees Five Hundred only) per equity share payable at cash for a total consideration not exceeding INR Rs. 360.00 crores (Rupees Three Hundred and Sixty Crores only) (excluding the transaction costs such as brokerage, filing fees, advisors fees, legal fees, public announcement publication expenses, printing charges, dispatch charges, securities transaction tax stamp duty etc.) (Transaction Costs) (Buyback Size), representing 9.87 % and 5.78 % of the total paid-up equity share capital and free reserves (including securities premium account) as per the latest audited standalone financial statements and audited consolidated financial statements of the Company for the financial year ended March 31, 2024, respectively through the Tender Offer route as prescribed under the Securities and Exchange Board of India (Buy-back of Securities) Regulations, 2018 as amended (Buyback Regulations), on a proportionate basis from the equity shareholders/ beneficial owners of the Equity Shares of the Company excluding promoters, members of promoter group, as on the record date. Accordingly, the public announcement and the letter of offer setting out the process and timelines of the Buyback, along with the other requisite details will be released in due course in accordance with the Buyback Regulations. The Board has noted the intention of the Promoters and members of the Promoter Group of the Company not to participate in the proposed Buy Back. The Board has also constituted a committee for the purpose of Buy Back (Buyback Committee) and has delegated all the powers to do all such acts, deeds, matters and things, as it may, in its absolute discretion, deem necessary, expedient or proper in connection with the Buyback. In terms of Regulation 5(vi)(a) of the Buyback Regulations, the Board/ Buyback Committee may, till 1 (one) working day prior to the record date, increase the Buyback price and decrease the number of Equity Shares proposed to be bought back, such that there is no change in the Buyback Size. (As Per BSE Announcement Dated on 19.02.2025) | ||
| Board Meeting | 7 Feb 2025 | 29 Jan 2025 |
| Nava Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 07/02/2025 inter alia to consider and approve the Un-audited financial results (Consolidated and Standalone) for the quarter and nine months ended December 31 2024. Outcome of Board Meeting (As Per BSE Announcement Dated on: 07/02/2025) | ||
| Board Meeting | 14 Nov 2024 | 4 Nov 2024 |
| Nava Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/11/2024 inter alia to consider and approve unaudited financial results (consolidated and standalone) for the second quarter and half year ended 30.09.2024 Nava Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/11/2024 ,inter alia, to consider and approve Update on board meeting (As Per BSE Announcement Dated on 11.11.2024) Board considered sub-division/ split of equity shares of the Company Sub-division/ split of each equity share of the Company having a face value of Rs.2/- (Rupees Two only) each, fully paid-up, into 2 (Two) equity shares having a face value of Re.1/- (Rupee one only) each, fully paid-up, by alteration of the Capital Clause (i.e., Clause V) of the Memorandum of Association of the Company. The sub-division/ split will be subject to approval of the members of the Company through postal ballot process. The record date for the said sub-division/ split will be fixed and intimated in due course. (As Per BSE Announcement Dated on 14.11.2024) | ||
| Board Meeting | 8 Aug 2024 | 31 Jul 2024 |
| Nava Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 08/08/2024 inter alia to consider and approve the Un-audited financial results (Standalone and Consolidated) for the Quarter ended June 30 2024. Board of Directors of the Company at its meeting held today (i.e., August 08, 2024) The Board has declared an interim dividend @200 % i.e. Rs.4.00 (Rupees Four only) per equity share of Rs. 2/- each of the Company, and fixed September 1, 2024 as the Record date for payment of interim dividend. The interim dividend will be paid within the statutory time limit. Further, the Board upon the recommendation of the Nomination and Remuneration Committee, considered and approved the appointment of Mr. Nikhil Devineni (DIN - 08695842), as an Additional Director & Whole-time Director (designated as an Executive Director) effective from September 02, 2024 for a period of 5 (Five) years, subject to the approval of shareholders (a brief profile of the appointee is enclosed herewith as Annexure-II). (As Per BSE Announcement Dated on 08.08.2024) | ||
| Board Meeting | 29 May 2024 | 29 May 2024 |
| Disclosure under reg. 30 of SEBI (LODR), 2015 | ||
| Board Meeting | 17 May 2024 | 3 May 2024 |
| Nava Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 17/05/2024 inter alia to consider and approve (a) the Audited Financial Statements (standalone & consolidated) for the financial year ending March 31 2024. (b.) the audited financial results (standalone & consolidated) for the quarter for the quarter and financial year ending March 31 2024 pursuant to regulation 33 of SEBI (LODR) Regulations 2015. Final Dividend for the FY 2023-24 Change in Directors (As Per BSE Announcement dated on 17.05.2024) | ||
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