Dev Accelerator Limited has announced a significant expansion in Ahmedabad's commercial real estate market through its March 2026 monthly newsletter filed under Regulation 30. The company has secured a major commercial tower deal while achieving recognition as one of India's fastest-growing companies.

Major Commercial Tower Acquisition

DevX has signed a long-term agreement to operate an entire 27-storey commercial office tower in Ahmedabad's Ambli-Bopal micro market. The project represents a substantial commitment to the region's growing commercial infrastructure needs.

The transaction reflects continued enterprise demand for professionally managed workspace infrastructure in India's growing commercial hubs. This large-scale commitment demonstrates the company's strategy to expand responsibly in markets where enterprise demand is strongest.

Growth Recognition and Performance

DevX has achieved significant recognition for its growth trajectory, being ranked 8th among India's Fastest-Growing Companies 2026. The company's performance metrics highlight sustained expansion and disciplined execution across markets.

This recognition reinforces the long-term opportunity in professionally managed workspace infrastructure as India continues to strengthen its position as a destination for global operations.

Upcoming Development Projects

DevX continues to expand its enterprise infrastructure platform with several projects currently progressing across Ahmedabad. The company is developing multiple commercial spaces to support the next phase of enterprise expansion.

Capital One - Ahmedabad: Positioned to be India's largest managed office campus in a Tier-II city, this development spans 3.15 lakh sq ft and has already seen strong pre-leasing demand from enterprise clients.

GMDC Commercial Development - Ahmedabad: A large-scale commercial development spanning 4,92,000 sq ft, designed to support enterprise expansion in one of Ahmedabad's key business corridors.

Million Minds Tech City - Ahmedabad: DevX is developing an 84,000 sq ft managed workspace within Million Minds Tech City, a large commercial tech hub in North Ahmedabad designed for technology, consulting, and enterprise occupiers.

Market Context and Industry Outlook

The company's expansion comes amid India's strengthening position as a hub for Global Capability Centres, with over 1,600 centres employing more than 1.6 million professionals. Companies across technology, consulting, financial services, and healthcare are expanding operations to support engineering, analytics, finance, and strategic functions.

As global firms deepen their presence in India, demand for scalable workspace infrastructure continues to grow across major business corridors. The broader technology cycle, including investment in AI infrastructure, cloud platforms, and enterprise technology, is expected to support sustained demand for commercial workspace infrastructure in India.

Dev Accelerator Limited has announced a virtual meeting with analysts and investors scheduled for March 30, 2026, as disclosed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company, formerly known as Dev Accelerator Private Limited, communicated this information to both BSE Limited and National Stock Exchange of India Limited on March 25, 2026.

Meeting Details

The virtual group meeting is scheduled to take place on Monday, March 30, 2026, from 03.00 pm to 04.00 pm. The session will bring together the company's management with representatives from four prominent investment firms.

Participating Investment Firms

Four investment companies will participate in the scheduled meeting:

• DB Investments
• Emerge Capital
• Burman Capital
• Aionios Alpha

Regulatory Compliance and Disclosure

The company has emphasized its commitment to regulatory compliance by stating that no unpublished price sensitive information pertaining to the company will be shared during the analyst and investor meeting. This disclosure aligns with SEBI's requirements for transparency in corporate communications with market participants.

Dev Accelerator Limited has also noted that the meeting schedule remains subject to change due to potential exigencies on the part of participating analysts or investors. Additional information regarding the meeting will be made available on the company's investor relations website at https://www.devx.work/investor-relations .

The disclosure was signed by Anjan Pareshkumar Trivedi, Company Secretary & Compliance Officer, ensuring proper authorization and documentation of the announcement.