Nava Ltd Grants 70,000 RSUs to Employees

Nava Ltd has announced the grant of 70,000 Restricted Stock Units (RSUs) to eligible employees under the NAVA RSU 2023 plan. The grant, designated as Grant-V, was approved by the Nomination & Remuneration Committee on May 14, 2026. Each RSU allows the holder to apply for one equity share of face value ₹1. The exercise price is ₹555 per RSU, with vesting occurring over four tranches from May 2027 to May 2030. The exercise period is 90 days from the vesting date.