Quarterly Result19 May 2026, 06:41 pm
Dev Accelerator Ltd: FY26 Audited Results Approved
AI Summary
Dev Accelerator Ltd's Board of Directors approved the audited financial results (standalone and consolidated) for the quarter and financial year ended March 31, 2026. The auditor's report, issued by M/s. Nisarg J Shah & Co., contains an unmodified opinion. The board also approved the issuance of up to 100,000 Non-Convertible Debentures (NCDs) with a face value of ₹10,000 each, aggregating up to ₹100 Crores, on a private placement basis.
Key Highlights
- Audited financial results for FY26 approved with unmodified auditor's opinion.
- Board approves issuance of NCDs up to ₹100 Crores via private placement.
- Meeting commenced at 04:30 p.m. and concluded at 05:30 p.m. on May 19, 2026.
- Consolidated financial results include multiple subsidiaries and associates.
- NCDs are senior, secured, rated, listed, redeemable, taxable, and transferable.
Price Impact
More from DEVX