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Dev Accelerator Ltd approved the issue of warrants and equity shares, raising about ₹35 Crore. The board also appointed new internal and secretarial auditors.
Dev Accelerator Ltd issued 44.44 lakh shares at ₹45, raising ₹20 Crore from Infibeam Projects Management Private Ltd. The preferential issue boosts paid‑up capital.
Dev Accelerator Ltd appointed a new secretarial auditor and internal auditor. The changes strengthen its compliance and governance framework.
Dev Accelerator Limited released its May 2026 newsletter, highlighting office expansions, client onboarding and market insights. The update reinforces its growth narrative for shareholders.
Dev Accelerator Ltd received in-principle stock exchange approvals for a Rs.35.00 Crore preferential issue. The issuance comprises equity shares and convertible warrants priced at Rs.45 each.
Dev Accelerator Limited settled its litigation with LRS Services Private Limited via a Settlement Deed. The ₹0.30 Crore settlement involves deposit adjustments and rent claim waivers.
Dev Accelerator Limited added 1.11 lakh sq. ft. across two premium Bengaluru assets. The ₹10 Crore investment adds 1,200 seats, strengthening its managed workspace portfolio.
Dev Accelerator Limited submitted its Annual Secretarial Compliance Report for FY2026. The report confirms overall regulatory compliance with no material deviations or penalties recorded.
Dev Accelerator Limited achieved FY26 consolidated revenue of ₹226cr and 48.4% EBITDA margin, transitioning toward an institutional infrastructure platform for GCC migration in Tier 2 cities.
Dev Accelerator Limited reported FY26 standalone revenue of ₹170.91 Crore, a 34.3% YoY increase. EBITDA margins reached 60.5%, driven by enterprise client realizations.
Dev Accelerator Ltd (DEVX) reported strong FY26 performance with consolidated revenue of ₹226 Cr (+42.2% YoY) and EBITDA of ₹109 Cr, driven by its focus on Tier-2 cities and enterprise-led demand.
Dev Accelerator Limited approved a ₹100 Crore debt securities issuance. The non-convertible instruments will be listed on BSE Limited to raise capital.
Dev Accelerator Ltd reported revenue from operations of ₹59.3 Cr (-9.3% YoY) and net profit of ₹8 Cr (+281.0% YoY) for Q4 FY26.
Dev Accelerator approved its FY26 audited financial results and a ₹100 Crore NCD issuance. These outcomes signal steady growth and strategic capital raising for expansion.
Dev Accelerator Limited reported the utilization of ₹143.35 Crore IPO proceeds for the quarter ended March 2026. The monitoring agency confirmed no deviations from stated objects.
Dev Accelerator scheduled a board meeting for May 19, 2026. Directors will consider FY2026 audited results and a proposed non-convertible debenture fundraise.
Dev Accelerator Ltd released its April 2026 monthly newsletter, highlighting its expansion into Bangalore and recent awards for coworking and interior design. The update discusses strengthening demand for enterprise workspaces in India and features a podcast with the Managing Director. The company also hosted various community events, including an AI hackathon and health camp.
Dev Accelerator Limited submitted its initial disclosure confirming it is not a Large Corporate under SEBI's framework. The company reported outstanding borrowings of ₹135.12 Crore as of March 31, 2026. BSE Limited is identified as the exchange for potential fine payments under the framework.
Dev Accelerator Limited announced the successful passage of postal ballot resolutions for issuing convertible warrants to promoters and equity shares on a preferential basis. The scrutinizer's report confirms shareholder approval for these capital raising initiatives.
Dev Accelerator Limited issued a corrigendum to its Postal Ballot Notice dated March 24, 2026. The update provides clarifications requested by stock exchanges regarding the basis for pricing of a proposed preferential issue of equity shares. The corrigendum includes extracts from the Company's Articles of Association and references revised valuation reports.
Dev Accelerator Limited (DEVX) announced the cessation of Monika Handa, effective April 30, 2026. The change was disclosed under the management domain as part of routine SEBI compliance regarding key managerial personnel and directors.
Dev Accelerator Limited announced the resignation of Ms. Monika Handa, Vice President – Operations and Facility, effective from the close of business hours on April 30, 2026. She is leaving to pursue new career goals. The company has accepted her resignation letter dated April 11, 2026.
Dev Accelerator Limited (DevX) signed a ₹110 Crore, 9-year contract with Manubhai and Shah LLP for approximately 1,00,000 sq. ft. of managed workspace in Ahmedabad. The deal relocates the client's headquarters to DevX's 3.15 lakh sq. ft. Capital One campus. This landmark Tier-II transaction reinforces DevX's revenue visibility and the institutional shift toward managed offices.
Dev Accelerator Limited submitted its Regulation 74(5) compliance certificate for the quarter ended March 31, 2026. Issued by KFIN Technologies, the certificate confirms that securities dematerialized or rematerialized during the period have been reported to the stock exchanges. This is a routine regulatory filing with no material impact on business operations.