Dev Accelerator Limited Announces 6th AGM on Sep 25, 2026
Dev Accelerator Limited will hold its 6th AGM on September 25, 2026, via video conference. The company also released its Integrated Annual Report for FY 2025-26, showing consolidated revenue of ₹226 Crores. The report outlines plans to expand the operational portfolio to 12 Lacs Sq. Ft. by FY 2027-28, with revenue guidance of ₹280-300 Crores for FY 2026-27.
The announcement is primarily a notice for an upcoming AGM and submission of the annual report. While the annual report contains forward-looking statements and financial details, the immediate impact on the stock is likely to be minimal as it's standard corporate procedure.
The announcement is a routine corporate event (AGM notice) and the release of the annual report, containing historical financial data and future plans. It does not contain significant new positive or negative information that would warrant a different sentiment.
Dev Accelerator Limited (DEVX) has announced that its 6th Annual General Meeting (AGM) will be held on Friday, September 25, 2026, at 01:00 P.M. (IST). The meeting will be conducted through Video Conferencing/Other Audio-Visual Means, in compliance with current circulars from the Ministry of Corporate Affairs and SEBI.
As per Regulation 34(1) and 58(1) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company is submitting the Notice of AGM and the Integrated Annual Report for the financial year 2025-26. These documents are being sent electronically to all registered members and debenture holders. The Notice and Annual Report are also available on the company's website at https://www.devx.work/investor-relations.
The integrated annual report highlights the company's performance, including a managed workspace portfolio of 8.3 Lacs Sq. Ft. across 12 cities, with an occupancy rate of 90.31%. Consolidated revenue for FY 2025-26 stood at ₹226 Crores. The report also details the company's business model, focusing on development management and an asset-light expansion architecture, with a strategic objective to expand its operational portfolio to 12 Lacs Sq. Ft. by FY 2027-28 and a revenue guidance of ₹280 to ₹300 Crores for FY 2026-27.
A plain-language summary of a public exchange filing by Dev Accelerator Limited. Read the original for the full detail.