NAVA LIMITED — Dividend/Bonus, 14-11-2024: Stock split

At its recent board meeting, NAVA Limited approved a stock split, where each equity share with a face value of ₹2 will be subdivided into two shares with a face value of ₹1 each. This move aims to enhance liquidity and attract retail investors. The exact record date for the split will be announced later. Additionally, the board appointed Mr. Mwelwa Chibesakunda as an Independent Director for a two-year term, pending shareholder approval through a postal ballot.

In its consolidated financial results for the half-year ending September 30, 2024, NAVA reported revenues of ₹2122.84 crore and a net profit of ₹397.03 crore. The company continues to show robust performance across its segments, reflecting a steady increase in operational efficiency and market presence.