Sector: Commercial Services & Supplies - Services
BSE Code: 544513
NSE Symbol: DEVX
ISIN: INE0VOV01021
🔁 Dev Accelerator Ltd VP of Operations Resigns • Ms. Monika Handa, Vice President - Operations and Facility, has resigned. • Resignation was tendered on April 11, 2026, and accepted on April 16, 2026. • Her last working day will be April 30, 2026. • Reason for resignation: To pursue new challenge…
🚀 Dev Accelerator Ltd Signs ₹110 Crore Deal with Manubhai & Shah LLP • Signed ₹110 crore enterprise deal with Manubhai and Shah LLP • Contract duration: 9 years • Covers approximately 100,000 sq. ft. of managed workspace • Capital One campus has total capacity of 2,000 seats • Phase 1 relocation …
🏢 DevX Accelerator Ltd Expands with Major Ahmedabad Commercial Tower Deal • Signed long-term agreement for 27-storey commercial tower in Ahmedabad's Ambli-Bopal micro market • Tower spans 8 lakh sq ft with transaction value of ₹850 crore • Ranked 8th among India's Fastest-Growing Companies 2026 w…
📅 Dev Accelerator Ltd Announces Virtual Investor/Analyst Meetings on March 30, 2026 - Virtual group meetings scheduled for March 30, 2026 - Scheduled attendees include DB Investments, Emerge Capital, Burman Capital, and Aionios Alpha - Meetings set from 3:00 PM to 4:00 PM - Details available on t…
🚀 Dev Accelerator Ltd Expands with 4.5 Lakh Sq. Ft. Workspace in Ahmedabad • Approved fundraise of up to ₹35 Crore via Convertible Warrants and Equity Shares. • Promoters contributing up to ₹15 Crore through Convertible Warrants. • Non-Promoter investor subscribing up to ₹20 Crore in Equity Share…
📊 Dev Accelerator Ltd Seeks Shareholder Approval for Capital Raise via Warrant and Equity Issuance - Issuance of up to 3,333,330 convertible warrants to three promoters at ₹45 per warrant, totaling ₹14,99,99,850 - Promoters receiving warrants: Shah Parth Naimeshbhai (1,111,110), Uttamchandani Ume…
📊 Dev Accelerator Ltd. Announces Capital Raise via Warrants & Equity Issuance - Issuance of up to 3,333,330 convertible warrants to three company promoters - Each warrant convertible into one equity share at ₹45 per share, totaling up to ₹14,99,99,850 - Warrants exercisable within 18 months from …
📊 Dev Accelerator Ltd Announces Fundraising Plans - Board meeting scheduled for March 24, 2026 to consider and approve fundraising - Fundraising to be through issuance of equity shares or other eligible securities - Possible methods include private placement, qualified institutions placement, or …
📅 Dev Accelerator Ltd to Join 'Bharat Connect: Rising Stars' Virtual Conference on March 9, 2026 - Dev Accelerator Limited (formerly Dev Accelerator Private Limited) will participate in a virtual investor/analyst conference - The conference is named 'Bharat Connect: Rising Stars March - 2026', or…
Dev Accelerator Sells 38% Stake in Scaleax Advisory 💼 • Dev Accelerator Limited sold its 38% equity investment in Scaleax Advisory Private Limited • Buyers were Dev Information Technology Limited (Corporate Promoter) and Mr. Aaryan Jaxay Shah • Total sale consideration: ₹3,80,000 • Scaleax Adviso…
🚀 DevX Signs India’s Largest Development Deal: 8 Lakh Sq. Ft. Office Expansion • Signed India's largest development management deal for an 8 lakh sq. ft. commercial office tower in Ahmedabad. • Deal valued at over ₹850 crore in total rentals, targeting annual revenue of ₹120 crore upon completion…
📅 Dev Accelerator Extends Preference Share Redemption by 5 Years • Extended redemption tenure for 3,577,519 preference shares held by Dev Information Technology Limited • Shares are 0.01% Non-Convertible, Non-Cumulative, Non-Participating, Redeemable Preference Shares with face value of Rs. 10 ea…
Dev Accelerator Ltd Q3 FY26 Update: ₹33.18 Cr Capex, ₹40.03 Cr Unutilized 💼📈 • ₹33.18 crore utilized for capital expenditure (fit-outs in proposed centers) • ₹35 crore fully repaid for borrowings/NCDs • ₹19.26 crore used for general corporate purposes • Total net IPO proceeds available: ₹127.38 …
🚀 Dev Accelerator Ltd Reports Strong Growth & Expansion Plans • Q3 FY26 revenue: ₹59.2 Cr, up 19% YoY • 9M FY26 revenue: ₹166.7 Cr, up 53% YoY • 9M FY26 EBITDA: ₹77.6 Cr with 46.1% margin • PBT grew 173% to ₹5.2 Cr • Design & build subsidiary revenue: ₹38.8 Cr for 9M FY26 with 16.8% EBITDA margin…
📊 Dev Accelerator Ltd Q3 FY2026 Earnings Call Recording Now Available • Audio recording of Q3 FY2026 earnings conference call released • Call held on February 02, 2026 • Discusses unaudited financial results for quarter ended December 31, 2025 • Accessible via web link: https://www.devx.work/inve…
Dev Accelerator Ltd Reports Strong Growth & Major Ahmedabad Expansion 🚀🏢 • Signed India's largest managed office contract for 8 lakh sq ft in Ahmedabad • New 3.15 lakh sq ft Ahmedabad campus operational, adding ~₹2.75 crore monthly revenue • Operates 28 centers across 12 cities with 13,604 seats…
📈 Dev Accelerator Ltd Expands with India’s Largest Managed Office Contract in Ahmedabad - Signed India’s largest managed office contract for 8 lakh sq ft in Ahmedabad - New 3.15 lakh sq ft campus in Ahmedabad commenced operations with 95% pre-leasing - Currently operates 28 centers across 12 citi…
Dev Accelerator Ltd Reports 53% Revenue Growth & Expands in Tier-2 Markets 📈🏢 - Signed India's largest single managed office contract: 8 Lakh sq. ft. in Ahmedabad - Operationalized a 3.15 Lakh sq. ft. campus with 95% pre-leased occupancy - 9M FY26 consolidated revenue reached ₹166.7 Cr, up 53% Y…
Dev Accelerator Ltd Q3 FY26 Results: Revenue at ₹5,919.80 Lakh, Net Loss of ₹101.28 Lakh 📉 • Consolidated Q3 FY26 revenue from operations: ₹5,919.80 lakh • Standalone Q3 FY26 revenue: ₹4,349.62 lakh • Consolidated Q3 FY26 net loss: ₹101.28 lakh • Standalone Q3 FY26 net loss: ₹88.89 lakh • Excepti…
📅 Dev Accelerator Ltd Q3 & 9M FY26 Earnings Call on Feb 2, 2026 - Earnings conference call scheduled for February 2, 2026, at 2:00 PM IST. - Discussion will cover operational and financial performance for Q3 and the first nine months (9M) of FY26. - Key participants include Chairman Mr. Parth Sha…