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Dev Accelerator Ltd

NSE: DEVX · BSE: 544513 · Diversified Consumer Services · 42 announcements

Dev Accelerator Ltd news stories on ALFA NewsRead the news →
Share price
₹39.62
Market cap
₹374.9 Cr
Revenue (annual)
₹225.9 Cr
Net profit (annual)
₹8.80 Cr
P/E (TTM)
36.9×Sector 34.2×
Promoter holding
35.09%-1.72% QoQ
FII holding
1.36%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

19:07 IST BSE
Debt & Borrowing

Dev Accelerator Debt & Borrowing: ₹0.97 Cr

Dev Accelerator Ltd paid Rs.0.97 Crore as interest on its non-convertible debentures, with the payment executed on September 25, 2026.

Value
₹0.97 Cr
17:53 IST BSE
Annual General Meeting

Dev Accelerator Annual General Meeting

Dev Accelerator Limited concluded its 6th Annual General Meeting on September 25, 2026. Shareholders approved all proposed resolutions, including financial statements and various ESOP plan modifications.

10:22 IST BSE
Share Pledge

Dev Accelerator Share Pledge

Dev Accelerator promoters pledged their equity shares to secure a Rs.100 Crore NCD issue. The revised Reg 31 disclosure details the encumbrance favouring the Debenture Trustee.

Value
₹100.0 Cr
18:26 IST BSE
Other Announcement

Dev Accelerator Other Announcement

Dev Accelerator Limited notified security holders regarding the availability of the Annual Report for FY 2025-26, fulfilling regulatory compliance requirements.

17:59 IST BSE
Annual General Meeting

Dev Accelerator Annual General Meeting

Dev Accelerator Ltd has announced its 6th Annual General Meeting, scheduled for September 25, 2026, via video conferencing, and has published its 2025-26 Annual Report.

17:35 IST BSE
Debt & Borrowing

Dev Accelerator Debt & Borrowing: ₹0.87 Cr

Dev Accelerator Ltd has confirmed the payment of Rs. 0.87 Crore in interest on its non-convertible debentures.

Value
₹0.87 Cr
15:18 IST BSE
Results Update

Dev Accelerator Results Update

Dev Accelerator Limited reported Q1 FY27 revenue of ₹53.8 crore and PAT of ₹1.5 crore. The company currently operates 27 centers across 12 cities in India.

Value
₹53.80 Cr
19:24 IST BSE
Other Announcement

Dev Accelerator Other Announcement

Dev Accelerator Limited has appointed Churchgate Advisory Private Limited to provide investor relations advisory and ancillary services under a newly executed service agreement.

18:27 IST BSE
Business Update

Dev Accelerator Business Update

Dev Accelerator Limited has appointed Churchgate Advisory Private Limited to provide investor relations and ancillary advisory services, effective August 07, 2026.

16:40 IST BSE
Board Meeting Date

Dev Accelerator Board Meeting Date

Dev Accelerator Limited will hold a board meeting on August 12, 2026, to consider and approve the unaudited financial results for the quarter ended June 30, 2026.

18:53 IST BSE
Debt & Borrowing

Dev Accelerator Debt & Borrowing

Dev Accelerator Limited has allotted non-convertible debt securities. This allotment follows the company's recent regulatory disclosures regarding security issuance.

16:30 IST BSE
Share Pledge

Dev Accelerator Share Pledge

Promoters have created an encumbrance over 1,85,96,640 equity shares of Dev Accelerator Ltd to secure a Rs. 100 Crore non-convertible debenture issuance.

Value
₹100.0 Cr
13:57 IST BSE
Debt & Borrowing

Dev Accelerator Debt & Borrowing: ₹100 Cr

Dev Accelerator Limited approved the allotment of 100,000 secured non-convertible debentures. The private placement raised Rs. 100 Crore at an 11.75% annual coupon rate.

Value
₹100.0 Cr
Execution
36 months
11:33 IST BSE
Credit Rating

Dev Accelerator Credit Rating

Acuité assigned an 'ACUITE BBB/Stable' rating to Dev Accelerator's proposed Rs. 100 Crore NCD issue. The rating reflects strong presence in managed workspaces.

Value
₹100.0 Cr
18:05 IST BSE
Business Update

Dev Accelerator Business Update

DevX's June 2026 newsletter highlights winning an award and adding two new offices in Bengaluru. The expansion covers 1.11 lakh sq ft, boosting its premium workspace footprint.

19:12 IST NSE
Fund Raise

Dev Accelerator Fund Raise of ₹15 Cr

Dev Accelerator Limited allotted 33,33,330 convertible warrants to promoters, raising ₹15 Crore via preferential issue. This capital infusion strengthens the balance sheet for future growth.

Value
₹15.00 Cr
13:32 IST BSE
Board Meeting Outcome

Dev Accelerator Board Meeting Outcome

Dev Accelerator Ltd approved the issue of warrants and equity shares, raising about ₹35 Crore. The board also appointed new internal and secretarial auditors.

Value
₹35.00 Cr
Execution
18 months
14:03 IST NSE
Fund Raise

Dev Accelerator Fund Raise of ₹20 Cr

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.

Value
₹20.00 Cr
14:01 IST NSE
Management Change

Dev Accelerator Management Change

Dev Accelerator Ltd appointed a new secretarial auditor and internal auditor. The changes strengthen its compliance and governance framework.

11:41 IST BSE
Other Announcement

Dev Accelerator Other Announcement

Dev Accelerator Limited released its May 2026 newsletter, highlighting office expansions, client onboarding and market insights. The update reinforces its growth narrative for shareholders.

17:28 IST BSE
Fund Raise

Dev Accelerator Fund Raise of ₹35 Cr

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.

Value
₹35.00 Cr
19:04 IST BSE
Legal & Regulatory

Dev Accelerator Legal & Regulatory

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.

Value
₹0.30 Cr
16:05 IST BSE
Capacity Expansion

Dev Accelerator Capacity Expansion: ₹10 Cr Investment

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.

Value
₹10.00 Cr
13:17 IST BSE
Other Announcement

Dev Accelerator Other Announcement

Dev Accelerator Limited submitted its Annual Secretarial Compliance Report for FY2026. The report confirms overall regulatory compliance with no material deviations or penalties recorded.

18:22 IST BSE
Earnings Call

Dev Accelerator Earnings Call: Key Takeaways

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.

13:48 IST BSE
Results Update

Dev Accelerator Results Update

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.

Value
₹170.9 Cr
20:02 IST NSE
Debt & Borrowing

Dev Accelerator Debt & Borrowing: ₹100 Cr

Dev Accelerator Limited approved a ₹100 Crore debt securities issuance. The non-convertible instruments will be listed on BSE Limited to raise capital.

Value
₹100.0 Cr
Execution
As specified in the key information document.