Bonus18 May 2026, 11:10 am
Dev Labtech: Allots 2,37,26,278 Bonus Shares in 1:1 Ratio
AI Summary
Dev Labtech Venture Ltd's Board of Directors approved the allotment of 2,37,26,278 bonus equity shares of ₹5 each as fully paid-up bonus shares to eligible shareholders. The record date was May 15, 2026, and the ratio is 1:1. Post-allotment, the paid-up equity share capital increased from ₹11,86,31,390 to ₹23,72,62,780. The meeting was held on May 18, 2026, from 10:30 a.m. to 10:50 a.m.
Key Highlights
- Dev Labtech allots 2,37,26,278 bonus equity shares.
- Bonus shares are issued in a 1:1 ratio to eligible shareholders.
- Record date for bonus issue was May 15, 2026.
- Post-allotment paid-up equity capital increases to ₹23,72,62,780.
- Bonus shares rank equally with existing equity shares.
Price Impact
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