Dev Labtech Venture Ltd — Important, 12-11-2025: Company Update
12-11-2025 | 09:36 pm
12-11-2025 | 09:36 pm
DEV LABTECH VENTURE LIMITED confirmed no deviation in the utilization of Rs. 22.27 Cr raised through its Preferential Issue for the half-year ended 30th September, 2025. The company initially raised these funds by issuing 3,592,000 warrants at Rs. 62 each, intended for capital expenditure and working capital. All warrants have since been converted into equity shares and listed, with the entire amount fully utilized as planned. This update assures investors of transparent fund usage, indicating the company is on track with its funding for business expansion and operational needs.
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