Nava Limited has made a regulatory disclosure pursuant to Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 regarding the allotment of equity shares under its employee stock option plan.
Key Quantitative Figures
- Number of equity shares allotted: 2,53,820
- Face value per share: ₹1
- Exercise price per share: ₹378
- Premium per share: ₹377
- Total money realized from exercise: ₹9,59,43,960
- Number of RSUs lapsed: 70,000
Capital Structure Impact
- Pre-issue subscribed & paid-up capital: 28,30,01,276 equity shares (₹28,30,01,276)
- Post-issue subscribed & paid-up capital: 28,32,55,096 equity shares (₹28,32,55,096)
- The newly issued shares rank pari-passu with existing shares
- No lock-in restrictions apply to the allotted shares
Dates and Timeline
- Date of Share Allotment Committee meeting: June 17, 2026
- Date of share issue: June 17, 2026
- Original scheme filing dates: August 11, 2023 (with both BSE and NSE)
Additional Details
- ISIN Number: INE725A01030
- Distinctive numbers of shares: 28,30,01,277 to 28,32,55,096
- No share certificate numbers applicable (demat form)
- No listing fees payable
- The scheme is compliant with SEBI (SBEB) Regulations, 2021
Parties Involved
- Share Allotment Committee of the Board of Directors of Nava Limited
- Eligible employees of the company
- Stock exchanges: BSE Limited and National Stock Exchange of India Limited
- Signed by VSN Raju, Company Secretary & Vice President