Nava Limited , a diversified company with interests in ferro alloys, energy, and mining, has announced a significant employee incentive program alongside its robust financial results for the second quarter of fiscal year 2025-26.

RSU Grant Details

The company's Nomination and Remuneration Committee has approved the grant of 2,80,000 Restricted Stock Units (RSUs) to eligible employees under the NAVA-RESTRICTED STOCK UNIT PLAN 2023. Key features of the RSU grant include:

• Each RSU entitles the holder to one equity share of Re. 1 face value.
• The exercise price is set at Rs. 476.28 per RSU.
• Vesting will occur over four years starting November 2026, with the following schedule:
  • 20% in each of the first two years
  • 25% in the third year
  • 35% in the fourth year
• All RSUs have a minimum vesting period of one year and must be exercised within 90 days of vesting.

Q2 Financial Highlights

Nava Limited has reported strong financial performance for the quarter ended September 30, 2025:

• Consolidated revenue from operations stood at Rs. 96,373.33 lakhs.
• Profit before tax from continuing operations was Rs. 24,419.36 lakhs.
• Net profit attributable to shareholders of the holding company reached Rs. 12,949.41 lakhs.

The company's performance across its business segments for the half-year ended September 30, 2025, is as follows:

Dividend Declaration

The Board of Directors has declared an interim dividend of Rs. 3 per equity share (300%) with a face value of Re. 1 each. The record date for this dividend is set for November 14, 2025.

Management Changes

The company also announced that Mr. Ashwin Devineni has been re-designated as Vice-Chairman of Nava Global Pte. Limited (NGPL), a wholly-owned subsidiary of Nava Ltd, effective November 8, 2025. This change is subject to shareholder approval and is part of a strategic move for Mr. Devineni to oversee the group's downstream overseas investments.

Nava Limited's combination of employee incentives, strong financial performance, and strategic management changes indicates the company's focus on long-term growth and shareholder value.

Nava Limited has announced an important update to its upcoming board meeting agenda. The company's board of directors is set to consider an interim dividend for the financial year 2025-26, adding a significant item to the previously scheduled meeting.

Key Details

Additional Information

The company has also scheduled a conference call for investors and analysts on the same day as the board meeting. This call aims to discuss Nava Limited's operational and financial performance for the second quarter ended September 30, 2025.

Conference Call Details

Key company representatives participating in the call will include:

• Mr. Ashwin Devineni, Managing Director & CEO
• Mr. GRK Prasad, Executive Director
• Mr. Nikhil Devineni, Executive Director
• Mr. K.V.S. Vithal, Chief Financial Officer
• Mr. VSN Raju, Company Secretary

Investors and analysts interested in participating can access the call through various means, including universal access numbers and toll-free numbers for Singapore, Hong Kong, UK, and USA.

This development signifies Nava Limited's commitment to keeping its shareholders informed about potential returns on their investments. The consideration of an interim dividend, coupled with the scheduled financial performance discussion, provides a comprehensive overview of the company's current financial position and its approach to shareholder value creation.

Investors and market watchers will likely keep a close eye on the outcome of this board meeting, as it may impact the company's stock performance in the short term.