NAVANSENAVA LIMITEDMediumNeutral
Announced Fri, 17 Jul · 21:15 IST

Auditor's draft email on subsidiary accounts sent to wrong recipient

NAVA · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-0.7%1-day move
₹589.05
prior close
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.7-2.9-5.8-5.6-4.4
Up moveDown movePending
AI summary

On July 17, 2026, an articled assistant of statutory auditor Walker Chandiok accidentally emailed draft Q1 FY27 management accounts of Maamba Energy (a material subsidiary of Nava) to the wrong person due to a wrong email address being typed. Within 15 minutes, the email was recalled. The unintended recipient confirmed no access, no sharing, and permanent deletion. The data was draft and not final. Nava disclosed this out of caution. Audit Committee and Board were informed, and auditors were asked to conduct an internal inquiry.

Likely market impact

Incident appears contained with no data leak confirmed. Draft subsidiary financials remain subject to board approval before any official release.