Date: October 16, 2026

ESOP Allotment Details

Nava Limited's Share Allotment Committee approved the allotment of 23,550 Equity Shares of ₹1 each issued at an exercise price of ₹498 per share (including a premium of ₹497 each) to eligible employees upon exercise of vested Restricted Stock Units (RSUs) under the NAVA – RSUs 2023 plan. The meeting was held on October 16, 2026.

Capital Structure Impact

| Particulars | No. of Equity Shares | Amount in INR |

| Pre-issue subscribed & paid-up capital | 28,33,12,597 | 28,33,12,597 |

| Post-issue subscribed & paid-up capital | 28,33,36,147 | 28,33,36,147 |

The allotment represents a minimal increase in the company's paid-up share capital.

Regulatory Compliance Details

SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 Disclosure:

  • Listed on: BSE Limited and National Stock Exchange of India Limited
  • Scheme filing date: August 11, 2023 with both exchanges
  • Scheme title: NAVA – RESTRICTED STOCK UNIT PLAN 2023 {NAVA – RSUs 2023/ RSUs 2023}
  • Security type: Equity Shares
  • Par value: ₹1 each
  • Date of issue: October 16, 2026
  • Number of shares issued: 23,550
  • Distinctive numbers: 290512598 to 290536147
  • Exercise price: ₹498 per share
  • Premium: ₹497 per share
  • Total shares after issue: 28,33,36,147
  • Total share capital after issue: ₹28,33,36,147
  • Shares rank pari-passu with existing shares

SEBI Master Circular Compliance Details:

  • Brief details: Allotment of Equity Shares upon exercise of 23,550 vested RSUs under NAVA RSU 2023
  • Scheme compliance: Yes, in terms of SEBI (SBEB) Regulations, 2021
  • Total shares covered: 23,550 equity shares allotted on October 16, 2026
  • Pricing formula: RSUs granted at exercise price of ₹498 per RSU
  • RSUs exercised: 23,550
  • Money realized: ₹1,17,27,900
  • Total shares arising from exercise: 23,550
  • RSUs lapsed: 2,21,679 RSUs lapsed till date of disclosure
  • Diluted EPS: No change in diluted earnings per share
  • Significant terms: As per NAVA RSU 2023