Dev Labtech Venture Limited has announced that its board of directors will meet on Friday, May 29, 2026, to discuss and approve the company's financial performance for the fiscal year ending March 31, 2026. The meeting is scheduled to take place at 3:00 p.m. at the company's office in Surat, Gujarat.

Agenda for the Meeting

The primary agenda for the board meeting involves the consideration and approval of the audited standalone and consolidated financial statements for the year ended March 31, 2026. Additionally, the board will review the standalone and consolidated financial results for both the half-year and the full year. This review includes the examination of the statement of assets and liabilities, the cash flow statement, and the auditor's report thereon.

Trading Window Closure

In accordance with the company’s Code of Conduct for Prevention of Insider Trading, the trading window for dealing in the securities of Dev Labtech Venture Limited has been closed since April 1, 2026. This closure is a continuation of the intimation provided on March 25, 2026. The window will remain shut until 48 hours after the declaration of the audited standalone and consolidated financial results for the half-year and year ended March 31, 2026.

Meeting Details

Dev Labtech Venture Limited has announced the outcome of its Board of Directors meeting held on Monday, May 18, 2026. The board has approved the allotment of bonus equity shares to eligible shareholders in a 1:1 ratio, marking a significant corporate action for the company.

Bonus Issue Details

The company has approved the allotment of 2,37,26,278 Bonus Equity Shares of Rs. 5/- each, fully paid-up. Shareholders whose names appear in the Register of Members or List of Beneficial Owners as on the Record Date, May 15, 2026, are eligible for the allotment. The ratio is set at 1:1, meaning shareholders will receive one new fully paid-up Bonus Equity Share of Rs. 5/- each for every one existing fully paid-up Equity Share of Rs. 5/- held. The newly allotted Bonus Equity Shares will rank pari passu with the existing Equity Shares of the company and carry the same rights in all respects.

Revised Capital Structure

Following the bonus allotment, the paid-up equity share capital of the company has doubled. The table below outlines the changes in the capital structure:

The board meeting commenced at 10:30 a.m. and concluded at 10:50 a.m. The intimation regarding the outcome was signed by Pankaj Pandav, Company Secretary & Compliance Officer, on behalf of Dev Labtech Venture Limited.