Scrutinizer Report and Voting Result of Postal Ballot via remote e-voting of the Company.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Dev Labtech Venture Limited conducted a postal ballot through remote e-voting concluded on 29 April 2026. All four resolutions were passed with 100% shareholder approval (88,63,222 votes in favour, zero against) out of 101 shareholders who participated. The resolutions included: (1) Increase in Authorised Share Capital and amendment to Memorandum of Association capital clause (Ordinary Resolution), (2) Alteration of Object Clause of MOA (Special Resolution), (3) Sub-Division/Split of Equity Shares (Ordinary Resolution), and (4) Issue of Bonus Shares (Ordinary Resolution). Voting participation was 74.71% of total outstanding shares, with promoters holding 6,642,909 shares (98.77% polled) and public institutional shareholders holding 2,220,313 shares (43.22% polled). Scrutinizer Ricky Kapadia of RPK & Associates certified the results.
Shareholders can expect an increase in authorised capital, expansion of business objectives, share split making shares more affordable, and issuance of bonus shares expanding the equity base. These corporate actions suggest the company is strengthening its capital structure and improving liquidity for existing shareholders.