Dev Labtech Venture Secures BSE Trading Approval for 5.6 Lakh Preferential Shares
Dev Labtech Venture Limited (DEVLAB) has received trading approval from BSE for 5,60,000 equity shares issued on a preferential basis to promoters through warrant conversion. The shares have a face value of Rs. 10.00 and a premium of Rs. 52.00. Trading approval was granted on August 01, 2025, with listing and trading set to begin on August 04, 2025. The company has complied with SEBI regulations in notifying the exchange.
02Jul 25
Dev Labtech Expands Global Footprint with U.S. Subsidiary Share Acquisition
Dev Labtech Venture has acquired additional shares in its U.S. subsidiary, strengthening its international presence. This strategic move aims to enhance the company's market position and operational capabilities in the United States. The acquisition is part of Dev Labtech's global expansion strategy, potentially improving its ability to serve international clients, facilitate knowledge transfer, and open doors to new partnerships in the North American market. Financial details and the specific increase in ownership percentage were not disclosed.