Nava Bharat Board to recommend dividend

Nava Bharat Ventures Ltd has informed that a meeting of the Board of Directors of the Company will be held on May 19, 2007, inter alia, to consider the following agenda:1. The audited Profit and Loss Account for the year 2006-2007 and Balance Sheet as at March 31, 2007.2. The audited Financial Results for the year ended March 31, 2007.3. The recommendation of Equity Dividend for the Financial Year 2006-07.