Nava Limited allots 23,550 shares on RSU exercise
NAVA · price
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Nava Limited's Share Allotment Committee approved allotment of 23,550 equity shares (face value Rs 1) at Rs 498 each to eligible employees under the NAVA RSU Plan 2023. Total money realized: Rs 1.17 crore. Post-issue share count rises to 28,33,36,147 from 28,33,12,597. RSUs lapsed so far: 2,21,679. No lock-in applies; new shares rank pari-passu with existing shares.
Minor equity dilution of 23,550 shares under employee RSU plan; negligible impact for existing shareholders.