Dev Labtech Venture Ltd. Approves USD 10,000 Investment in Wholly-Owned Subsidiary DEV LABTECH VENTURE INC.

Dev Labtech Venture Ltd. held a Board Meeting on 15th November, 2024, where they approved several decisions. The Board approved an investment of up to USD 10,000 in DEV LABTECH VENTURE INC., a wholly-owned subsidiary incorporated in Delaware, USA. The company will invest in one or more tranches over a period of 2 years. HDFC Bank Limited has been appointed as an Authorized Dealer Bank for the purpose of Overseas Direct Investment in the wholly-owned subsidiary. DEV LABTECH VENTURE INC. is engaged in the business of Jewelry and Diamonds.