NAVA Limited appoints new CFO; current CFO to resign in March 2026

Cfo ResignedKmp ResignedManagement Changes View source PDF Explain this filing

NAVA · price

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

Price reactionminutes from the announcement price · days from the prior close

-2.9%Reaction day

₹579.00

prior close

₹554.00

announcement price

In-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)-1.0%-1.9% vs market

Power Generation peers, median of 27sector-0.5%-2.3% vs sector

On the reaction day the stock moved 1.9 pts less than Nifty Smallcap 250 and 2.3 pts less than its Power Generation peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.5

10m

-0.0

15m

+0.2

30m

+0.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.9-1.0-1.9-0.5-2.3

Next day

-3.4-1.4-2.1-0.9-2.6

-0.1+1.1-1.3-0.0-0.1

-1.5+1.6-3.2+1.1-2.6

-1.0+1.8-2.8-0.1-0.9

-2.3+1.0-3.3+0.1-2.4

-5.0-0.6-4.4-1.8-3.2

15d

+3.6-0.2+3.8-1.4+5.0

-0.5-3.8+3.3-6.5+6.0

-2.8-7.5+4.7-5.2+2.4

+17.4+5.2+12.1+11.0+6.4

UpDownMarket · Nifty Smallcap 250Sector · Power Generation peers, median of 27Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

The board of NAVA Limited has appointed Mr. B. Srinivasa Rao as the new Chief Financial Officer and Key Managerial Personnel, effective March 4, 2026. He is an internal candidate serving as Financial Controller since June 2023, and is a Chartered Accountant with 30 years of finance experience. Outgoing CFO Mr. K.V.S. Vithal has resigned effective close of business March 3, 2026, to pursue better prospects. An internal succession plan is in place for leadership continuity.

Likely market impact

Smooth internal CFO transition; current CFO exits for better prospects. Neutral event for shareholders.