Key Quantitative Figures

  • Nava Global Pte Ltd (NGPL) financials as of March 31, 2026: Income of ₹1,05,914 lakhs (US$120 million), Networth of ₹2,72,988 lakhs (US$288.4 million)
  • Nava Healthcare Pte Ltd (NHPL) financials as of March 31, 2026: Income of ₹279 lakhs (US$0.3 million), Networth of ₹7,468 lakhs (US$7.9 million)

Dates of Action

  • Board meeting date: June 22, 2026
  • Disclosure date: June 22, 2026

Parties Involved

  • Nava Limited (listed entity, CIN: L27101TG1972PLC001549)
  • Nava Healthcare Pte Ltd (NHPL, Registration no. 201726052H, wholly-owned subsidiary)
  • Nava Global Pte Ltd (NGPL, Registration no. 200409999D, wholly-owned subsidiary)
  • Regulatory authorities of Singapore (approval required)

Purpose and Rationale

The amalgamation is part of an internal reorganization of the Company's subsidiary structure. NGPL holds downstream investments in Energy, Mining and Metals while NHPL holds investments in healthcare trading and services. The rationale includes:

  • Consolidating the Group's investments (excluding commercial agriculture and O&M services) under one platform
  • NGPL plans to diversify its investment portfolio across businesses and geographies
  • Healthcare business attained traction in Malaysia and Singapore but requires strategic partnerships for further growth
  • Post-amalgamation, NGPL will pursue strategic business restructuring including joint ventures to bring in other medical offerings
  • Expected to ensure continuity of existing business and facilitate expansion into value-added healthcare services in South East Asia

Transaction Details

  • NHPL will be amalgamated into NGPL
  • Transaction qualifies as related party transaction between wholly-owned subsidiaries
  • Nava's holding in NHPL will be cancelled and NGPL will issue new shares to Nava after amalgamation
  • No cash consideration involved

Financial and Operational Impact

  • No change in Nava Limited's shareholding pattern as both entities are wholly-owned subsidiaries
  • The amalgamation is subject to requisite approvals from Singapore regulatory authorities
  • Financial impact not quantified in the disclosure

Corporate Structure Impact

  • Simplification of holding structure under NGPL platform
  • Consolidation of investments (energy, mining, metals, and healthcare) under single entity

Additional Information

  • Document made available on company website: https://www.navalimited.com/investors/stock-exchange-disclosures/disclosures/
  • Company Secretary: VSN Raju (Vegesina Satyanarayana Raju)