Nava Bharat Ventures Ltd has informed BSE that a meeting of the Employees Stock Option Scheme Compensation (Remuneration and Allotment Committee) will be held on November 28, 2009, to consider the Notices of Exercise from the employees to whom Options were granted on January 05, 2007 at Rs. 90.52 per Option and vested on January 05, 2008 and / or January 05, 2009.