Dev Labtech Venture Limited has published a comprehensive newspaper advertisement notice regarding its postal ballot process, confirming the significant corporate restructuring proposals that will be decided through remote e-voting. The company published the advertisement in Financial Express (English) and Financial Express (Gujarati) on March 31, 2026, in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Regulatory Compliance and Advertisement Publication

The company submitted the newspaper advertisement copies to BSE Limited, fulfilling requirements under Section 108 of the Companies Act, 2013 read with Rule 20 of Companies (Management and Administration) Rules, 2014 and Regulation 30, 44 and 47 of SEBI regulations.

E-Voting Schedule and Process

The company has established a structured timeline for the postal ballot process, with all voting to be conducted electronically through NSDL's platform.

Mr. Ricky Pankajkumar Kapadia, Proprietor of M/s. RPK & Associates and Practicing Company Secretary, has been appointed as the scrutinizer to conduct the postal ballot process in a fair and transparent manner. The company will utilize National Securities Depository Limited (NSDL) services for providing remote e-voting facility to its members.

Capital Restructuring Proposals

The postal ballot encompasses four major resolutions that will reshape the company's capital structure and business scope.

Authorized Share Capital Increase

The first resolution proposes to increase the company's authorized share capital significantly to accommodate future growth plans.

This ordinary resolution will create an additional 1,00,00,000 equity shares of Rs. 10 each, ranking pari passu with existing equity shares. The increase requires consequential amendment to Clause V of the Memorandum of Association.

Business Expansion Through Object Clause Alteration

The second resolution, requiring special resolution approval, seeks to expand the company's business activities by adding two new sub-clauses to the main object clause. The proposed additions include:

• Food Products Business: Manufacturing, processing, trading, importing, and exporting of agricultural and non-agricultural food products, including spices, oil seeds, grains, vegetables, herbs, pickles, beverages, and milk products
• Shipping and Marine Services: Comprehensive shipping operations including vessel ownership, chartering, transportation services, shipbuilding, port operations, and marine logistics services

These additions will enable the company to diversify its operations beyond its current business scope.

Share Sub-division Initiative

The third resolution proposes sub-dividing existing equity shares to enhance market liquidity and make shares more affordable for small investors.

This sub-division will convert each existing Rs. 10 face value share into two Rs. 5 face value shares, maintaining the same total capital value while improving affordability.

Bonus Share Issuance

The fourth resolution proposes issuing bonus shares in a 1:1 ratio to reward shareholders and increase market liquidity.

The bonus shares will be credited as fully paid-up and will rank pari passu with existing equity shares. The company confirms it has no debt securities, fixed deposits, or defaults in statutory payments.

Shareholder Communication and Access

In compliance with MCA Circulars, the company is sending the postal ballot notice only via email to members who have registered their email addresses with the Registrar and Transfer Agent or Depository Participants. Physical copies are not being distributed for this postal ballot process.

Shareholders whose email addresses are not registered can contact the company at cs@devlabtechventure.com or the Registrar MUFG Intime India Private Limited to register their email addresses for participation in the e-voting process. The postal ballot notice is available on the company's website at www.devlabtechventure.com and on BSE's website.

The Board of Directors has recommended approval of all four resolutions, emphasizing their importance for the company's future growth and shareholder value enhancement. These comprehensive proposals, if approved, will provide the company with enhanced financial flexibility and expanded business opportunities while rewarding existing shareholders through the bonus issue.

Dev Labtech Venture Limited announced the execution of a comprehensive term loan agreement with Small Industries Development Bank of India (SIDBI) on March 27, 2026. This development follows the company's earlier board approval for capital restructuring and business expansion initiatives aimed at enhancing liquidity and strengthening financial capabilities.

Term Loan Agreement Execution

The company has successfully executed a Term Loan Cum Hypothecation agreement along with other ancillary agreements with SIDBI for financial assistance. The loan facility will support the company's expansion plans and working capital requirements as part of its comprehensive restructuring strategy.

Security and Guarantee Structure

The loan agreement includes comprehensive security arrangements to protect the lender's interests. The primary security consists of a first charge by way of hypothecation on all movable properties of the borrower pertaining to the project, situated at Plot No 53, 54, 1st Floor, Thakordwar Society, Mini Bazar, Varachha Road, Surat, Gujarat-395006.

Capital Restructuring Framework

As part of the broader restructuring plan, the board had earlier approved increasing authorized share capital from Rs. 15,00,00,000 to Rs. 25,00,00,000, implementing a 1:2 share split followed by a 1:1 bonus issue. The company also approved amendments to its Memorandum of Association to expand into food products business and shipping operations.

Regulatory Compliance and Implementation

The loan execution was communicated to BSE Limited on March 28, 2026, in compliance with Regulation 30 of SEBI (LODR) Regulations, 2015. Company Secretary Pankaj Pandav confirmed that the agreement does not contain terms pertaining to director appointment rights, share subscription rights, or capital structure restrictions. All restructuring initiatives remain subject to shareholder approval through postal ballot, with Mr. Ricky Kapadia appointed as scrutinizer for the voting process.