Back
Corporate News
Dev Labtech Venture Limited authorized share capital increased to Rs 31 crore, issuing warrants to promoters
07-Oct-2026, 07:44
Dev Labtech Venture Limited increased its authorized share capital from Rs 25 crore divided into 5 crore equity shares of Rs 5 each to Rs 31 crore divided into 6.2 crore equity shares of Rs 5 each. The company also approved the issuance of up to 1.37 crore convertible warrants to promoters, promoter groups, and non-promoters on a preferential basis at a price of Rs 13 each, potentially raising Rs 17.81 crore. Additionally, the board appointed Ricky Kapadia as the scrutinizer for the upcoming Extraordinary General Meeting (EGM), scheduled for November 5, 2026, and fixed October 29, 2026, as the record date for e-voting eligibility.