Dividend15 May 2026, 02:06 pm
Nava Ltd Recommends 550% Final Dividend
AI Summary
Nava Ltd's board has recommended a final dividend of 550%, which is ₹5.50 per equity share with a face value of ₹1 each, for the financial year ended March 31, 2026. The dividend is subject to shareholder approval at the upcoming Annual General Meeting and will be paid within the statutory timeline. The board also approved the audited financial results for the quarter and financial year ended March 31, 2026, and considered the re-appointment of directors and alteration of the Memorandum of Association.
Key Highlights
- Nava Ltd recommends a final dividend of ₹5.50 per share (550%).
- Audited financial results for FY26 were approved by the board.
- Re-appointment of directors is subject to shareholder approval.
- Alteration of Memorandum of Association clause approved by the board.
- Sagar & Associates appointed as Cost Auditors for FY 2026-27.
Price Impact
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