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
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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.
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 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 reported the utilization of ₹143.35 Crore IPO proceeds for the quarter ended March 2026. The monitoring agency confirmed no deviations from stated objects.