Nava Limited has announced significant updates to its leadership team following a board meeting held on May 15, 2026. The board has approved the continuation of a non-executive director and the re-appointment of an executive director, alongside the extension of an independent director’s term. These strategic decisions aim to ensure stability and continued growth for the company as it moves into the 2026-2031 fiscal period.
Board Leadership Updates
During the meeting held on May 15, 2026, the board of Nava Limited confirmed key personnel changes to strengthen its governance structure. The changes encompass the continuation of existing leadership and the renewal of terms for senior members of the board, reflecting the company’s commitment to maintaining experienced oversight.
Details of Tenure Extensions
The board has finalized the following leadership mandates:
- Mr. Trivikrama Prasad Pinnamaneni will continue his directorship as a Non-Executive Director for a period of 5 years, effective May 15, 2026.
- Mr. GRK Prasad has been re-appointed as a Whole-time Director, designated as Executive Director, for a 2-year term commencing June 28, 2026.
- Mr. Mwelwa Chibesakunda will serve a further 5-year term as an Independent Director, effective November 14, 2026.
Strategic Continuity
These appointments are designed to provide continuity in corporate strategy and management. Mr. Trivikrama Prasad brings over 40 years of financial and planning expertise to his non-executive role, while Mr. GRK Prasad, a fellow member of the Institute of Chartered Accountants of India, continues to oversee critical business operations and risk management. Mr. Chibesakunda, a highly experienced legal advocate based in Zambia, remains on the board to provide global perspective and governance.
All re-appointments are subject to the approval of company members at the upcoming Annual General Meeting.
Source: BSE
