Intimation of Record Date for Sub-division/Split of Equity Shares & Issue of Bonus Shares.
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Dev Labtech Venture Limited has announced two corporate actions with Record Date set for 15th May 2026. First, the company will split its equity shares in a 1:2 ratio — every 1 share of Rs. 10 face value will become 2 shares of Rs. 5 face value. Second, the company will issue bonus shares in a 1:1 ratio — shareholders will receive 1 bonus share for every 1 share held after the split. So for every original Rs. 10 share, an investor will end up owning 4 shares of Rs. 5 each (2 from split + 2 from bonus). The stock trades on BSE SME with Scrip Code 543848.
Existing shareholders will see their share count quadruple while the stock price per share is expected to adjust proportionally, maintaining the total investment value. The bonus issue is generally positive sentiment for retail investors as it increases liquidity and accessibility.