Dev Accelerator Secures NSE BSE In-Principle Nod for ₹35 Crore Preferential Issue

Dev Accelerator Limited received in-principle approval from NSE and BSE for a preferential issue of 4,444,440 equity shares to non-promoters and 3,333,330 convertible warrants to promoters. This milestone facilitates capital infusion but formalizes impending share dilution for existing investors.