NAVA Limited’s board has approved an interim dividend of ₹3.00 per equity share. November 14, 2025, is the record date. Mr. Ashwin Devineni resigned as Managing Director of Nava Global Pte. Limited (NGPL) but will continue as a director, assuming the role of Vice-Chairman, effective November 8, 2025. He will oversee group strategy and overseas investments for the company.
Interim Dividend Declared
The Board of Directors has approved an interim dividend of 300%, equivalent to ₹3.00 per equity share (face value of ₹1 each). The record date for determining shareholders eligible for this dividend is November 14, 2025. The dividend payout will be completed within the prescribed statutory timelines.
Leadership Transition at Nava Global Pte. Limited
Mr. Ashwin Devineni has stepped down from his position as Managing Director of Nava Global Pte. Limited (NGPL), a wholly-owned subsidiary. He remains a director of NGPL, transitioning to the role of Vice-Chairman, effective November 8, 2025. His new responsibilities include providing strategic oversight for the group and its downstream overseas investments. His term extends to March 31, 2029. This re-designation is subject to shareholder approval via postal ballot.
Financial Performance (Q2 2025)
The board also reviewed and approved the unaudited financial results (both consolidated and standalone) for Q2 2025 and the half-year ending September 30, 2025.
Source: BSE
