StockWatch
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Power Generation
Board Meeting15 May 2026, 02:02 pm

Nava Ltd Recommends 550% Final Dividend

AI Summary

Nava Ltd's board approved audited financial results for FY26 and recommended a final dividend of ₹5.50 per equity share. They also approved the continuation/re-appointment of directors and alteration of the Memorandum of Association, subject to shareholder approval. The board also considered the appointment of M/s. Sagar & Associates as Cost Auditors for FY 2026-27.

Key Highlights

  • Approved audited financial results (consolidated and standalone) for FY26.
  • Recommended a final dividend of 550% (₹5.50 per share).
  • Approved continuation/re-appointment of directors, subject to shareholder approval.
  • Considered the appointment of M/s. Sagar & Associates as Cost Auditors for FY 2026-27.
  • Approved alteration of the Memorandum of Association (MOA).