Nava Bharat Ventures has received approval for draft scheme for selective reduction of paid up equity share capital of the company by cancellation and extinguishment of the total shares held by Nav Energy which is holding shares of the company for the benefit of the Company and the shares held by Nava Bharat Ventures Employee Welfare Trust through its Trustee- Barclays Wealth Trustees India. The Board of Directors of the Company at its meeting held on August 08, 2019 has approved the same.
Nava Bharat Ventures operates in the business verticals of power generation, mining, ferro alloys and agri-business with multi-national operations spread over India, South East Asia and Africa.
