NAVA Limited has announced a leadership transition in its finance department, with the Board of Directors approving key changes to the Chief Financial Officer position effective March 2026. The company disclosed these developments in a regulatory filing dated February 05, 2026, ensuring compliance with SEBI listing regulations.

New CFO Appointment

The Board has approved the appointment of Mr. B. Srinivasa Rao as Chief Financial Officer and Key Managerial Personnel, effective March 04, 2026. Mr. Srinivasa Rao has been associated with NAVA Limited since June 2023, currently serving as Financial Controller.

Professional Background and Qualifications

Mr. Srinivasa Rao brings extensive experience across a wide spectrum of finance functions, including financial reporting, controllership, audits, treasury, taxation, mergers and acquisitions, financial planning and analysis, and business finance. His current responsibilities at NAVA include consolidation of accounts, treasury management, business accounts, taxation, costing, and overall supervision of the finance and accounts function.

The incoming CFO is a Chartered Accountant and holds a Bachelor's degree in Commerce from Nagarjuna University, Andhra Pradesh. His shareholding in the company includes 13,700 shares held personally and 4,600 shares held by his spouse.

Outgoing CFO Resignation

Concurrently, Mr. K.V.S. Vithal has resigned from his position as Chief Financial Officer and Key Managerial Personnel, effective from the close of business hours on March 03, 2026. The resignation, submitted via letter dated February 04, 2026, cites the pursuit of better professional prospects as the reason for departure.

Regulatory Compliance

The company has fulfilled all disclosure requirements under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcement includes comprehensive details as mandated by SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, covering both the appointment and resignation processes.

The transition ensures continuity in NAVA Limited's financial leadership, with Mr. Srinivasa Rao's institutional knowledge and established presence within the organization facilitating a smooth handover of responsibilities.

NAVA LIMITED has informed stock exchanges about an upcoming Board of Directors meeting scheduled for February 05, 2026, to review and approve the company's quarterly financial performance. The meeting will focus on considering the unaudited financial results for the third quarter and nine months ended December 31, 2025.

Board Meeting Details

The company has issued a formal notification under Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, regarding the scheduled board meeting. The directors will review both consolidated and standalone financial results for Q3FY26 during this session.

Trading Window Restrictions

NAVA LIMITED has implemented trading window restrictions in accordance with regulatory requirements. The trading window was closed on January 01, 2026, and will remain closed until February 07, 2026, both days inclusive. This closure was previously communicated through the company's letter dated December 29, 2025.

Regulatory Compliance

The notification was signed by VSN Raju, Company Secretary & Vice President, and submitted to both the National Stock Exchange of India Limited and BSE Limited. The company maintains transparency through regular disclosures available on its investor relations webpage for board meeting notifications.