Dev Labtech Venture Ltd — Important, 28-03-2026: Company Update

DEV LABTECH VENTURE LIMITED has executed an agreement with Small Industries Development Bank of India (SIDBI) for a Term Loan facility, securing crucial financial assistance. The company will receive a loan of 7.44 Cr at an annual interest rate of 8.5%, with a repayment tenure of 66 months, including a 6-month moratorium. This funding is secured by hypothecation of the company's movable properties, a 2.25 Cr SIDBI fixed deposit as collateral, and personal guarantees. This facility will support the company's operational needs and project funding.