NAVA LIMITED — Important, 21-01-2025: Updates

NAVA Limited has provided an update on the sub-division of its equity shares, confirming that each equity share of ₹2 will be split into two shares of ₹1, effective from the record date of January 20, 2025. The capital structure will adjust from an authorized share capital of ₹50 crore divided into 25 crore shares of ₹2 each to ₹50 crore divided into 50 crore shares of ₹1 each. The issued and paid-up share capital will remain unchanged at ₹29.07 crore, translating into 29.07 crore shares of ₹1 each post-split. This move aims to enhance liquidity and might attract a broader investor base. Watch closely for its implications on market perception and trading dynamics.