Dev Labtech Venture Approves ₹17.81 Crore Preferential Warrant Issue To Promoters

Board approved raising authorised capital to Rs31Cr and preferential issue of up to 1.37Cr warrants at Rs13 each for Rs17.81Cr to promoters and others. EGM on 5 Nov 2026. Continues recent pattern of bonus, split and warrant conversions; fresh warrants heavily skewed to promoters signal further dilution and insider funding of trading expansion. Warrants exercisable over 18 months; post-issue promoter holding 61.64%. Use of proceeds not disclosed; EGM and regulatory approvals pending amid debt-funded expansion.