Nava Limited at its board meeting held on May 24, 2023, proposed a final dividend on equity shares at the rate of 300% that is INR 6.00 per equity share of INR 2 each for the financial year ended March 31, 2023. The above-mentioned dividend, if approved by the shareholders at the upcoming annual general meeting, shall be paid within statutory time limit of such approval. The Company has fixed July 24, 2023 as the Record Date for the purpose of determining the entitlement of the shareholders for the final dividend.

The dividend, if approved by the shareholders at the ensuing AGM (to be held on August 04, 2023), will be paid/dispatched within the statutory time limit from the date of approval by the shareholders.