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Bonus18 May 2026, 11:13 am

Dev Labtech Allots 2.37 Cr Bonus Equity Shares in 1:1 Ratio

AI Summary

Dev Labtech Venture Ltd has allotted 2,37,26,278 bonus equity shares of ₹5 each to eligible shareholders in a 1:1 ratio, as approved by the Board of Directors on May 18, 2026. The record date for the bonus issue was May 15, 2026. Post-allotment, the paid-up equity share capital increased from ₹11,86,31,390 to ₹23,72,62,780.

Key Highlights

  • Dev Labtech allots 2,37,26,278 bonus equity shares.
  • Bonus issue ratio is 1:1 for existing shareholders.
  • Record date for the bonus issue was May 15, 2026.
  • Post-allotment paid-up capital increases to ₹23,72,62,780.
  • Bonus shares rank equally with existing equity shares.