Dev Accelerator Q2 FY27: PAT ₹150.43 Cr & Rev ₹5,673.07 Cr

Metric	Value
Revenue	₹5,673.07 Cr
Net Profit (PAT)	₹150.43 Cr

📢 Key Event
Board approves MOA/AOA amendments and Rs. 100 crores NCD placement

🔄 What Changed
Rs. 100 crores NCD placement approved; MOA/AOA amended to include new business activities

🔮 What's Next
NCDs to be issued on private placement basis

💡 Investor Takeaway
Shareholders should note expanded operations and new debt issuance impacting capital structure

Dev Accelerator Limited amended its MOA and AOA to expand operations into co-working spaces, facility management, and IT-enabled services, while approving a Rs. 100 crores private placement of non-convertible debentures. The filing also reappointed a nominee director and updated governance provisions following its Q1 FY2026 financial results review.

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About Dev Accelerator Limited (DEVX)

Services · Co-Working · Listed on NSE

Market Cap: ₹321.94 Cr P/E: 27.2 ROE: 19.9% ROCE: 34.4%

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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