Nava Ltd - 513023 - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Certificate under regulation 74(5) of the SEBI (Depositories and Participants) Regulation, 2018 for the quarter ended March 31, 202312-04-2023
12-04-2023
Nava Ltd - 513023 - Certificate Under Regulation 40(9) & (10) Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015.
Certificate under Regulation 40(9) & (10) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.12-04-2023
Nava Ltd - 513023 - Compliance Certificate Under Regulation 7(3) Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 For The Financial Year Ended March 31, 2023.
Compliance Certificate under Regulation 7(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for the financial year ended March 31, 2023.10-04-2023
Nava Ltd - 513023 - Update Against The Consent Arbitral Award For Maamba Collieries Limited, Zambia (MCL)
Update against the Consent Arbitral Award for Maamba Collieries Limited, Zambia (MCL)27-03-2023
Nava Ltd - 513023 - Update Against The Consent Arbitral Award For Maamba Collieries Limited, Zambia (MCL)
Update against the Consent Arbitral Award for Maamba Collieries Limited, Zambia (MCL)27-03-2023
Nava Ltd - 513023 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Please find enclosed the transcript of the Conference Call with Investors / Analysts held on February 3, 2023, on the operational and financial performance of the Company for the quarter and nine months ended December 31, 2022.09-02-2023
Nava Ltd - 513023 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
We wish to inform you that the Audio Recording of the conference call held today (i.e., on February 3, 2023) at 16:00 hrs (IST), to discuss the operational and financial performance of the Company for the quarter and nine ended December 31, 2022, has been uploaded on the website of the Company i.e., www.navalimited.com. The link of the audio recording is: https://www.navalimited.com/financials/ --> Investors Conference Call This is for your kind information and records.03-02-2023
Q3FY23 Quarterly Result Announced for NAVA Ltd.
Electric utilities firm NAVA announced Q3FY23 result: Q3FY23: The Company continued itsrobust growth during Q3FY23 & 9MFY23, backed by the solid performance of MCL. The 300 MW power plant in Zambia reported a record PLF of 99.5% in Q3FY23, boosting overall performance. MCL reports solid operational and financial performance - a growth aided by record PLF. The International Arbitral Tribunal has issued a Consent Award for US$ 518 million, agreed to be discharged by August 2023, providing a big shot in the arm for MCL against the receivables from ZESCO. Standalone operations remain net Debt-free, whereas consolidated net Debt was reduced by 19% YoY as of 9MFY23. ZESCO is required to discharge the outstanding and overdue arrears aggregating to about US$ 518 million (after a discount of US$ 60 million) as of October 31, 2022, by August 2023. ZESCO has effected the first payment of US$ 10 Million to MCL in Q3FY23 as per the agreed payment plan in the Award, reflecting its commitment. Mr. Ashwin Devineni, the CEO of the Company, commented on the results, saying, "Our Company has performed remarkably well in 9MFY23 on various fronts. Our Indian and Zambian operations have shown remarkable resilience in the volatile environment. FY23 began with a strong Ferro Alloy segment performance. However, post H1FY23, Zambian operations have further strengthened their performance. MCL in 9MFY23 has already generated units much higher than FY22. Our revised arrangement with ZESCO has been yielding good results. The combination of exceptional operational performance, with the Company receiving regular and timely payments from ZESCO, has further strengthened our cash flows. I am pleased to note that all the power sales to ZESCO since May 2022 are being fully realised. Our balance sheet remains healthier than ever, providing confidence in the long and sustained visibility for the Company. We believe that we're on a good foundation for the long term. Further, MCL repaid debt of US$ 49.5 million during Dec 22 & Jan 23." Result PDF03-02-2023
Nava Ltd - 513023 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Please find enclosed the press release in connection with announcement of Unaudited Financial Results (Standalone and Consolidated) for the quarter and nine months ended December 31, 2022.03-02-2023