Intimation of New ISIN pursuant to sub-Division/Stock Split of Equity Shares of the Company.
Price
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Dev Labtech Venture Ltd has announced a 1-for-2 stock split, where each equity share with face value of Rs. 10 will be subdivided into 2 equity shares with face value of Rs. 5 each. The split will be effective from the record date of 15th May 2026. The company has been assigned a new ISIN (INE0NIJ01025) to facilitate the subdivision. This is a standard corporate action that increases the number of shares outstanding while reducing the per-share face value. The filing is in compliance with SEBI regulations for listed entities.
Existing shareholders will receive double the number of shares at half the face value, which typically increases liquidity and accessibility for smaller investors. The overall market capitalization remains unchanged; only the price per share is expected to adjust proportionally.