Announced Tue, 1 Sept · 17:07 IST

33rd AGM on September 26; seeks nod for Rs 18 Cr promoter land deal

Board & Shareholder Meetings View source PDFExplain this filing

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AI summary

Dev Labtech Venture has called its 33rd AGM on September 26, 2026 at 1:00 PM via video conferencing. Business includes adopting FY26 audited results, re-appointing director Jerambhai Donda, and approving purchase of about 62,608 sq mtrs of land in Bharuch, Gujarat from promoters and relatives for up to Rs 18 Crores in FY27 for business expansion. Promoters hold 56.69%. Deal is 10.77% of consolidated turnover, based on independent valuation.

Likely market impact

Shareholders will vote on a Rs 18 Cr land purchase from promoters; deal supports expansion but is a related party transaction requiring approval.