Nava Limited has submitted its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26 to the National Stock Exchange of India Limited and BSE Limited. The filing, made on July 20, 2026, discloses the company's performance on environmental, social, and governance parameters as part of its Annual Report 2025-26. The Board of Nava Limited appointed J. Sundharesan and Associates, Practicing Company Secretaries, to provide reasonable assurance for the BRSR Core indicators.

The company reported that it successfully planted more than 5,000 saplings across its facilities during FY 2025-26, surpassing its initial target of 3,500. This afforestation initiative was undertaken to enhance green cover and support biodiversity conservation. Additionally, the report notes that more than 33% of the land area across operational facilities is maintained under green cover.

Operational and Financial Overview

Nava Limited operates primarily in the manufacturing of ferro alloys and the generation of electric power. The manufacturing segment accounts for 61.34% of the turnover, while power generation contributes 24.41%. The company serves customers across 8 states in India and exports to 11 countries, with exports contributing 49.65% to the total turnover.

The report details the company's workforce, comprising 497 permanent employees and 1,681 workers as of the end of the financial year. The company reported no instances of fines, penalties, or disciplinary actions related to bribery or corruption during the year. It also confirmed compliance with all applicable environmental laws and regulations.

Environmental Performance

Nava Limited disclosed its energy consumption data, reporting a total energy consumption of 3,86,16,101.49 GJ for the current year. The company has been identified as a Designated Consumer under the Perform, Achieve and Trade (PAT) Scheme and has participated in cycles aimed at energy efficiency. It reported total Scope 1 and Scope 2 greenhouse gas emissions of 33,26,762.48 metric tonnes of CO2 equivalent.

Water withdrawal for the year stood at 46,70,646 kilolitres, entirely from surface water sources. The company has implemented a Zero Liquid Discharge (ZLD) system to treat and reuse wastewater for operational applications such as dust suppression and gardening. Total waste generated was reported at 9,07,900.03 metric tonnes, with 12,261 metric tonnes recovered through re-use operations.

Key Sustainability Metrics

Governance and Stakeholder Engagement

The Risk Management Committee oversees sustainability-related matters at Nava Limited. The company has established policies covering all nine principles of the National Guidelines on Responsible Business Conduct (NGRBC). During the year, the company developed and circulated an ESG assessment questionnaire to identified value chain partners to enhance transparency and sustainability alignment.

The report confirms that 100% of permanent employees and workers were paid minimum wages. Nava Limited also reported that it received 12 shareholder complaints during the year, all of which were resolved within the same quarter. There were no pending complaints at the end of the year.

Nava Limited’s board has approved the amalgamation of Nava Healthcare Pte. Ltd with Nava Global Pte. Ltd as part of an internal reorganization of its subsidiary structure. The merger, subject to requisite approvals from relevant regulatory authorities and compliance with Singaporean laws, aims to consolidate the group's investments under a single platform. This strategic move is intended to simplify the holding structure and facilitate long-term value creation for stakeholders.

The transaction involves two wholly owned subsidiaries of Nava Limited operating in Singapore. Nava Global Pte. Ltd (NGPL) holds downstream investments in Energy, Mining and Metals, while Nava Healthcare Pte. Ltd (NHPL) holds investments in healthcare trading and services. The board determined that the amalgamation will allow NGPL to oversee the restructured healthcare investments and pursue strategic business restructuring, including joint ventures for medical offerings in South East Asia.

Financial Overview of Subsidiaries

The financial data for the entities involved in the amalgamation, as at March 31, 2026, is detailed below:

Rationale and Structure

The merger is driven by NGPL’s plan to diversify its investment portfolio across businesses and geographies, leveraging its presence in the APAC region. NHPL’s healthcare business, which has gained traction in Malaysia and Singapore, requires a focused approach and strategic partnerships to ensure sustained positive cash flows. By amalgamating NHPL into NGPL, the group aims to ensure continuity of the existing business while expanding into value-added healthcare services.

Since both entities are wholly owned subsidiaries of Nava Limited, the amalgamation is classified as a related party transaction conducted at arm’s length. Nava Limited’s holding in NHPL will be cancelled, and NGPL will issue new shares to Nava Limited following the amalgamation. Consequently, the merger will not result in any change in the shareholding pattern of the listed entity.