Nava Limited: Prasad shifts from managing director role

NAVA Limited (BSE:NAVA) announced that Mr. P. Trivikrama Prasad will complete his tenure as Managing Director on March 18, 2025, and transition to a Non-Executive and Non-Independent Director role on the company's board, effective the following day. Prasad was re-appointed as Managing Director for a three-year term from March 19, 2022, to March 18, 2025. The announcement, made in compliance with SEBI regulations, confirms that Prasad holds 55,02,000 equity shares in the company and is not disqualified from holding the office of Director. The company has duly informed the National Stock Exchange of India Limited and BSE Limited.