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Dev Labtech Venture LtdImportant, 18-05-2026: Company Update

18-05-2026 · 11:12 am

DEV LABTECH VENTURE LIMITED's board has approved the allotment of 2.37 crore bonus equity shares, each with a face value of Rs. 5. This 1:1 bonus issue means shareholders received one new bonus share for every existing share held, effectively doubling their share count. Consequently, the company's paid-up equity share capital has significantly increased from Rs. 11.86 crore to Rs. 23.73 crore. This action rewards existing shareholders by boosting their ownership without additional investment and typically enhances share liquidity, making it easier for investors to trade shares.

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