Dev Accelerator Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 24/03/2026 ,inter alia, to consider and approve the agenda items as per the ....
DEVX · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Dev Accelerator Ltd has informed BSE that its Board of Directors will meet on March 24, 2026 to consider and approve proposals for raising funds. The company may issue equity shares or other eligible securities through private placement, qualified institutions placement (QIP), preferential issue, or a combination of these methods, subject to regulatory and shareholder approvals. An extraordinary general meeting or postal ballot may also be convened to seek shareholder approval for the fund raise. The trading window for insiders has been closed from March 17, 2026 until 48 hours after the board meeting concludes.
The announcement signals a potential capital raise by the company, which could lead to equity dilution for existing shareholders. The specific impact on the stock price will depend on the size, pricing, and method of the fund raise, which will only become clear after the board meeting on March 24, 2026.