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Nava Ltd - 513023 - Closure of Trading Window

 This is to inform that as per the Company's Code of Conduct for regulating, monitoring and reporting of trading by Insiders and Code of Practices and Procedures for fair disclosure of Unpublished Price Sensitive Information, the trading window for dealing in the securities of the Company will remain closed from September 30, 2022 till expiry of 48 hours after the declaration of financial results for the quarter and half-year ended September 30, 2022, for all designated persons, their immediate relatives and all connected persons covered under the said Code.
29-09-2022
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Nava Ltd - 513023 - Cessation Of Conversion Agreement With TATA Steel Mining Limited (TSML)

 As disclosed earlier, the Company has a subsisting Conversion Agreement with TSML, a Tata company, for production of High Carbon Ferro Chrome (HCFC) in its Odisha Works. This Agreement is for the period up to March, 2025. However, the Company has encountered technical issues in the production of HCFC for TSML, impacting the Plant's productivity parameters. It has therefore been decided to discontinue the Conversion of HCFC for TSML at the end of October, 2022. The Company will undertake a scheduled maintenance of the Odisha smelters in November, 2022 and switch over to production of Manganese alloys in Odisha Works. The Company has geared up for this additional production in Odisha, besides that in Telangana, aggregating to a rated capacity of 1,80,000 MT of Manganese Alloys per annum. The switchover would provide the Company better economies of scale and improved market share in the Manganese alloys segment.
23-08-2022
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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 August 12, 2022 on the operational and financial performance of the Company for the quarter ended June 30, 2022.
19-08-2022
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Nava Ltd - 513023 - Disclosure of Voting results of AGM (Regulation 44(3) of SEBI (LODR) Regulations, 2015)

 Nava Ltd has informed BSE regarding the details of Voting results of AGM, under Regulation 44(3) of SEBI (LODR) Regulations, 2015. Kindly Click here
11-08-2022
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Nava Ltd - 513023 - Shareholder Meeting / Postal Ballot-Scrutinizer''s Report

 Please find enclosed the voting results (remote e-voting and electronic voting during the AGM held on August 10, 2022) in the prescribed format pursuant to Regulation 44(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 in Annexure- 1. Please also find the report dated August 11, 2022 of Mrs. D. Renuka, Practicing Company Secretary, Scrutinizer appointed for the purpose in Annexure - 2. We are pleased to inform that all the resolutions have been passed with the requisite majority.
11-08-2022
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Q1FY23 Quarterly Result Announced for NAVA Ltd.

 Electric Utilities firm NAVA announced Q1FY23 Result : Registers robust Standalone PAT growth of 286% YoY and 37% QoQ The new Tariff arrangement with MCL paves the way for continuity in the monthly collection from July 2022 onwards The Company continued robust growth in its both standalone & consolidated operations during Q1FY23, backed by solid traction in metals and energy demand. Both export and domestic markets for manganese alloys witnessed firm momentum during the period. Ferrochrome continued its stable performance and provided stability in the overall earnings. The energy division has witnessed a remarkable improvement, backed by the IPPs in Odisha (60MW), NBEIL (150MW) and MCL (300MW}. On the Zambian front, the Company has taken a strategic initiative and reached an agreement for a revised prospective tariff, which will ensure cash flow continuity and allow the Zambian company to sell its surplus energy in the open market. Consolidated Revenue reported an increase of 82.1% YoY for Q1FY23, backed by solid standalone operations I better operating profile of Indian power subsidiary and well rounded performance in coal and energy by MCL, Zambia. Mr. Ashwin Devineni, the CEO of the Company, commented on the results, saying, "Our Company is flourishing on the strength of a strong foundation laid over years. After robust FY22 performance, we have delivered overall good first quarter results for FY23, thanks mainly to the strong demand momentum for energy and metals. The Company's Standalone operations have been the key pillars of growth and resilience. In our energy segment, we have delivered improved PLF and offtake despite witnessing strong headwinds. On the International Operations front, our Zambian operations regained normalcy after completing maintenance in FY22, and started reporting resilient performance in Q1FY23. Our revised arrangement with ZESCO is expected to bring in better cash flows and certainty to our operations over the long term. The Company is also actively pursuing options to monetise its urban land parcel in Hyderabad post all legal resolutions. We believe that we're on a good foundations for the long term, and, along with our new Identity NAVA Limited, we see a new dawn of continued value creation rising ahead of us." Result PDF
11-08-2022
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Nava Ltd - 513023 - Announcement under Regulation 30 (LODR)-Meeting Updates

 Sub: Proceedings of the 50th annual general meeting (AGM) Please find enclosed the proceedings of AGM of the Company, pursuant to Regulation 30 read with schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015, held today (August 10, 2022) through Video Conferencing (VC) /Other Audio Visual Means (OAVM) at 10:00 a.m. (IST) and concluded at 10:31 a.m. (IST).
10-08-2022
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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 ended June 30, 2022.
10-08-2022
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Nava Ltd - 513023 - Outcome Of The Board Meeting

 This is to inform that the Board of directors of the Company at its meeting held today (August 10, 2022) has inter-alia approved the Un-audited Financial Results (Standalone and Consolidated) for the quarter ended June 30, 2022, pursuant to Regulation 33 (3) of SEBI (LODR) Regulations, 2015. The statements of financial results along with segment report and limited review reports are enclosed. The Board meeting commenced at 03:00 p.m. (IST) and concluded at 04:55 p.m. (IST).
10-08-2022
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Nava Ltd - 513023 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

 Please find enclosed invitation of the conference call scheduled on Friday, August 12, 2022 at 11:00 hrs (IST) to discuss the operational and financial performance of the Company for the quarter ended June 30, 2022.
08-08-2022
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