Nava Bharat Ventures Limited Appoints Sultan Baig as Chief Financial Officer, Effective from January 30, 2020
January 29, 2020 at 05:21 am EST
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Nava Bharat Ventures Limited announced that at board meeting held on January 29, 2020, the board approved the appointment of Mr. Sultan Baig as Chief financial officer (CFO) of the Company with effect from January 30, 2020, pursuant to the recommendation of the Nomination & Remuneration Committee and approval of Audit Committee, in the place of existing CFO in view of his retirement on superannuation. Mr. Sultan Baig is a member of the Institute of Chartered Accountant of India (ICAl) and has over two decades of rich experience in the field of Finance & Treasury function. He worked in various capacities in different organizations.
NAVA Limited is an India-based ferro-alloy producer. The Company is primarily engaged in the business of manufacture and selling of ferro alloys, generation of power, and operation & maintenance services for power assets. The Companyâs segments include Ferro Alloys (FAP), Power, and Mining. Ferro Alloys (FAP) segment which produces various alloy metals through ferro chrome, silico manganese and ferro silicon and also carrying conversion work on job work basis to others. Power segment which generates thermal energy for captive use and also for outside sale. Mining Segment wherein coal is mined for captive use and also for outside sale. The Company produces and supplies approximately 200,000 tons of ferroalloys. It operates two Ferro alloy plants in India one in Paloncha, Telangana, and another in Kharagprasad, Odisha. Its subsidiaries include Nava Bharat Projects Limited, Nava Bharat Energy India Limited, Brahmani Infratech Private Limited, and Nava Bharat (Singapore) Pte. Limited.
NAVA LIMITED 
