Nava Bharat Ventures Limited Appoints VSN Raju as Company Secretary, Chief Investor Relations and Compliance Officer, Effective June 1, 2016
May 30, 2016 at 07:00 am EDT
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Nava Bharat Ventures Ltd. has informed that Mr. VSN Raju, an Associate Member of the Institute of Company Secretaries of India, has been appointed as the Company Secretary of the company, effective June 1, 2016, by the Board of Directors, pursuant to the recommendation of the Nomination and Remuneration Committee in the place of the existing Company Secretary, in view of his retirement on superannuation. Mr. VSN Raju has also been designated as the Chief Investor Relations and Compliance Officer of the company.
NAVA Limited is an India-based ferro-alloy producer. The Company is primarily engaged in the business of manufacture and selling of ferro alloys, generation of power, and operation & maintenance services for power assets. The Companyâs segments include Ferro Alloys (FAP), Power, and Mining. Ferro Alloys (FAP) segment which produces various alloy metals through ferro chrome, silico manganese and ferro silicon and also carrying conversion work on job work basis to others. Power segment which generates thermal energy for captive use and also for outside sale. Mining Segment wherein coal is mined for captive use and also for outside sale. The Company produces and supplies approximately 200,000 tons of ferroalloys. It operates two Ferro alloy plants in India one in Paloncha, Telangana, and another in Kharagprasad, Odisha. Its subsidiaries include Nava Bharat Projects Limited, Nava Bharat Energy India Limited, Brahmani Infratech Private Limited, and Nava Bharat (Singapore) Pte. Limited.