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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.

Dev Labtech Venture Limited said its board approved an increase in the authorized share capital from Rs 25 crore divided into 5 crore shares of Rs 5 each to Rs 31 crore divided into 6.2 crore shares of Rs 5 each. The board also approved the issuance of up to 13.7 million convertible warrants to promoters, promoter groups, and non-promoters on a preferential basis at a price of Rs 13 per warrant, potentially raising Rs 17.81 crore. The company has fixed October 29, 2026, as the record date for determining shareholders eligible to vote at an extraordinary general meeting scheduled for November 5, 2026.

Dev Labtech Venture Limited will hold a board meeting on Wednesday, October 7, 2026, at 3:00 p.m. to consider increasing the company’s authorized share capital and evaluating proposals for raising funds through the issue of equity shares or other convertible securities via a preferential allotment, subject to regulatory approvals. The company has also closed its trading window for insiders and designated persons from October 2, 2026, until 48 hours after the release of undisclosed price-sensitive information.

Dev Labtech Venture Limited informed the BSE Limited that the trading window for dealing in securities of the company will be closed from October 1, 2026, until 48 hours after the declaration of unaudited standalone and consolidated financial results for the half year ended September 30, 2026, in accordance with SEBI regulations.

Dev Labtech Venture Limited has entered into a Master Facility Agreement with HDFC Bank on September 5, 2026, to avail credit facilities of Rs 210.00 lakh for working capital requirements. The facility, an Overdraft Against Property - Manufacturers (ODAP-MFRS), carries an interest rate of 8.9% per annum and has a tenure of 12 months, repayable on demand and subject to annual renewal, with primary security provided as residential and commercial property.