Allotment of 3333330 securities pursuant to Preferential Issue at its meeting held on November 03, 2026
As filed · Dev Accelerator Limited has informed the Exchange regarding allotment of 3333330 securities pursuant to Preferential Issue at its meeting held on November 03, 2026
What happened
FactAllotment of 3333330 securities pursuant to Preferential Issue at its meeting held on November 03, 2026. September 30, 2026 along with Limited Review Report and Security Cover Certificate issued by M/s. amount up to Rs. 300 [(Indian Rupees Three Hundred Crores Only)] (“NCDs”) to eligible investors.
Why it matters
CapitSignal interpretationShares are issued to named investors at a set price, diluting existing holders and changing who sits on the register.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Demand
ContradictedConsolidated Revenue from Operations for Q3FY26 stood at ₹59.2 crores (+19% YoY) and ₹166.7 crores for 9MFY26 (+53% YoY), driven by new centre additions and improved realizations from enterprise clients.
The campus adds ~3,200 seats and locks in ~₹2.75 crore monthly revenue.
Change
FactImplication
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Fact- Who the allottees are
- Issue price versus market price
- Lock-in period on the new shares
Evidence
- Dev Accelerator Limited has submitted to the Exchange, Financial Results for Quarter and Half year ended September 30, 2026(opens the original filing in a new tab)
- Earlier statement · Q3 FY26
- Latest statement · Q3 FY26
How CapitSignal classified this
- Reasoning:
- PREFERENTIAL_ALLOTMENT base 66; +5 quantified amount; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%