Nava Bharat Ventures Ltd has informed BSE that the meeting of the Employees Stock Option Scheme Compensation (Remuneration and Allotment Committee) duly authorised to consider allotment of equity shares, will be held on March 19, 2008. The Committee will consider the Notices of Exercise from the employees (including Working Directors, who are non promoters), to whom Options were granted on January 05, 2007 at Rs 90.52 per Option and vested on January 05, 2008.