Dev Labtech Venture Ltd — Updates, 02-07-2025: Company Update

Dev Labtech Venture Limited has announced a board meeting regarding its wholly owned US subsidiary, Dev Labtech Venture Inc., engaged in jewelry and diamonds. The company has made an initial cash investment of USD 1,000 by subscribing to 100 equity shares at USD 10 each. This move aims to expand Dev Labtech's global presence and capture growth opportunities in the US market. The subsidiary was incorporated in Delaware and is yet to commence operations. Further investments up to USD 10,000 may be made over the next two years as needed.