Latest news about Dev Labtech Venture
Dev Labtech Venture
124.45
-0.05(-0.04%)
Company Performance:
View Company Insights1D-0.04%
1M+38.28%
6M+103.35%
1Y+92.65%
5Y+150.55%
More news about Dev Labtech Venture
28Mar 26
Dev Labtech Venture Executes Rs 744.22 Lakh SIDBI Term Loan Agreement
Dev Labtech Venture Limited has successfully executed a term loan agreement with SIDBI for Rs 744.22 lakh at 8.5% annual interest rate with 66-month tenure including 6-month moratorium. The loan is secured through hypothecation of movable properties, Rs 225 lakh FDR collateral, and personal guarantees from key individuals, supporting the company's capital restructuring and business expansion plans.
19Mar 26
Dev Labtech Venture Limited Schedules Board Meeting for March 27, 2026 to Consider Capital Structure Changes
Dev Labtech Venture Limited has scheduled a board meeting for March 27, 2026, at 03:00 p.m. to consider four major corporate restructuring proposals including authorized share capital increase, MOA amendments, share subdivision, and bonus share issuance. The company has implemented a trading window closure from March 19, 2026, until 48 hours after the board meeting concludes, ensuring compliance with insider trading regulations.
14Mar 26
Dev Labtech Venture Completes AED 4.90 Lakh Investment in Dubai Subsidiary
Dev Labtech Venture Limited has completed initial share subscription of AED 4,90,000 in its wholly-owned Dubai subsidiary DEV LABTECH TRADING FZCO on March 13, 2026. The investment involves 490 equity shares of AED 1,000 each, representing 100% shareholding in the entity incorporated on October 29, 2025. The subsidiary will engage in trading of jewellery, diamonds, pearls and precious stones to support the company's global expansion and leverage UAE market opportunities.
22Jan 26
Dev Labtech Venture Limited Board Approves Strike-off of US Subsidiary
Dev Labtech Venture Limited's Board of Directors approved the strike-off of its wholly owned US subsidiary Dev Labtech Venture Inc. during their January 22, 2026 meeting. The US subsidiary had no business operations since incorporation and contributed no revenue or net worth to the parent company. The strike-off process is expected to take 4-5 months subject to US regulatory approvals.
13Nov 25
Dev Labtech Venture Reports Decline in Half-Year Profit Amid Revenue Contraction
Dev Labtech Venture Limited, a lab-grown diamond manufacturer, reported a significant decrease in financial performance for the half-year ended September 30, 2025. Net profit fell by 71.7% to ₹33.67 lakh from ₹119.04 lakh year-on-year. Revenue from operations decreased by 74.8% to ₹492.49 lakh from ₹1,951.35 lakh. The company allotted 5,60,000 equity shares through warrant conversion and fully utilized ₹2,227.04 lakh from a preferential issue for capital expenditure and working capital. Dev Labtech's balance sheet shows increased trade receivables and decreased inventory levels compared to the previous fiscal year end.
01Aug 25
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.
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4,090.70
(+0.87%)
355.40
(-1.77%)
3,652.50
(-0.48%)
631.95
(+0.74%)
483.90
(+2.05%)
439.70
(-7.59%)
2,317.20
(-1.87%)
325.50
(+4.08%)
390.20
(+1.79%)
216.71
(+0.28%)
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