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Source: Free Press Journal
Dev Labtech Venture Limited has filed an intimation with BSE Limited on 12th May, 2026, disclosing the assignment of a new ISIN in connection with the sub-division of its equity shares. The communication, made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, follows an earlier disclosure dated 5th May, 2026, regarding the planned stock split.
Stock Split Details
The company has announced the sub-division of its equity shares, wherein 1 (One) equity share of face value Rs. 10/- (Rupees Ten) each, fully paid-up, will be split into 2 (Two) equity shares of face value Rs. 5/- (Rupees Five) each, fully paid-up. The record date for the sub-division has been set as Friday, 15th May, 2026. The key parameters of the stock split are summarised below:
Parameter: Details Record Date: 15th May, 2026 (Friday) Pre-Split Face Value: Rs. 10/- per share Post-Split Face Value: Rs. 5/- per share Split Ratio: 1 share into 2 shares Old ISIN: INE0NIJ01017 New ISIN: INE0NIJ01025 Regulatory Disclosure: Regulation 30, SEBI (LODR) Regulations, 2015
New ISIN Assignment
Dev Labtech Venture has informed the Listing Compliance Department of BSE Limited that the sub-division of equity shares shall take effect under the new ISIN: INE0NIJ01025. This replaces the earlier ISIN INE0NIJ01017, which was associated with the pre-split equity shares. The intimation has been submitted as a requisite disclosure under the applicable SEBI listing regulations.
The filing was signed by Pankaj Pandav, Company Secretary & Compliance Officer (ACS No. 62216), on behalf of Dev Labtech Venture Limited, with the digital signature dated 12th May, 2026.
Dev Labtech Venture Limited has announced May 15, 2026, as the record date for the sub-division of equity shares and the issue of bonus shares. This follows the overwhelming shareholder approval received through the postal ballot process concluded on April 30, 2026. The company had previously secured consent for increasing authorized capital and altering object clauses to include food processing and shipping operations.
Record Date Details
The company has fixed the record date to determine shareholder eligibility for the corporate actions. The sub-division involves splitting each equity share of Rs. 10 face value into two equity shares of Rs. 5 face value each. Additionally, the company will issue bonus equity shares in a 1:1 ratio, meaning shareholders will receive one fully paid-up bonus share of Rs. 5 face value for every existing share of Rs. 5 face value held.
Record Date Purpose Ratio 15th May, 2026 Sub-division of Equity Shares 1 Equity Share of Rs. 10 into 2 Equity Shares of Rs. 5 Issue of Bonus Shares 1 Bonus Equity Share of Rs. 5 for every 1 Equity Share of Rs. 5
Postal Ballot Recap
The resolutions authorizing these changes were approved via remote e-voting managed by National Securities Depository Limited (NSDL). The voting process saw a 74.71% participation rate, with 88,63,222 votes cast in favor of the four proposed resolutions. Ricky Kapadia of RPK & Associates served as the scrutinizer for the process.
Capital Restructuring
Shareholders sanctioned a significant increase in the authorized share capital from Rs. 15,00,00,000 to Rs. 25,00,00,000. Post-subdivision and capital increase, the structure comprises Rs. 25,00,00,000 divided into 5,00,00,000 equity shares of Rs. 5 each. The promoter group demonstrated strong support, with 98.77% participation, while public non-institutions participated at 43.22%.
Regulatory Compliance
The corporate actions comply with Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary Pankaj Pandav (ACS No. 62216) confirmed the compliance, and the information is available on the company's official website.
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Source: Free Press Journal
Source: The Economic Times
Source: Free Press Journal