Dev Labtech Venture Ltd Approves Equity Shares Sub-division, Bonus Issue, and Term Loan

Dev Labtech Venture Ltd announced that its Board of Directors approved several key decisions during their meeting on March 27, 2026. The company decided to increase the authorized share capital, amend the capital clause of the Memorandum of Association, and alter the object clause of the Memorandum of Association, all subject to shareholder approval through a postal ballot and other required approvals. Additionally, the board approved the sub-division of equity shares, issuance of bonus shares, and obtaining a term loan of Rs. 744.22 lakh from Small Industries Development Bank of India (SIDBI). The record date for the sub-division and bonus issue will be intimated to the stock exchange in due course. Mr. Ricky Kapadia, Proprietor of M/s. RPK & Associates, has been appointed as the scrutinizer for the postal ballot and e-voting process.