DEV LABTECH VENTURE LTD.
NSE : NABSE : 543848ISIN
CODE : INE0NIJ01017Industry : Diamond & JewelleryHouse
: Private
BSE116.10-12.9 (-10 % )
PREV CLOSE (Rs.) 129.00
OPEN PRICE (Rs.) 116.10
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 116.10 (65000 )
VOLUME 9000
TODAY'S LOW / HIGH (Rs.)
52 WK LOW / HIGH (Rs.)
NSE
This Company is not listed in NSE
Company News
| Date | Heading | Details |
|---|---|---|
| 12-Apr-2024 | Dev Labtech Venture rises on entering into transportation Services agreement | <p style="text-align: justify;">Dev Labtech Venture is currently trading at Rs. 115.00, up by 1.10 points or 0.97% from its previous closing of Rs. 113.90 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 113.70 and has touched a high and low of Rs. 115.00 and Rs. 113.70 respectively. So far 18000 shares were traded on the counter.</p><p style="text-align: justify;">The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 131.25 on 31-Jan-2024 and a 52 week low of Rs. 47.85 on 11-Apr-2023.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 124.89 and Rs. 106.65 respectively. The current market cap of the company is Rs. 95.12 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 68.01%, while Non-Institutions held 31.99% stake in the company.</p><p style="text-align: justify;">Dev Labtech Venture has entered into transportation Services agreement with FedEx Express Transportation and Supply Chain Services (India) to obtain Courier services for the purpose of overseas export for the ordinary course of business of the Company.</p><p style="text-align: justify;">Dev Labtech Venture is in business of manufacturing, marketing and sourcing of diamonds - natural and lab grown having wide application in Jewellery. </p><div style="text-align: justify;"><br></div> |
| 11-Apr-2024 | Dev Labtech Venture enters into transportation Services agreement | <p style="text-align: justify;">Dev Labtech Venture has entered into transportation Services agreement with FedEx Express Transportation and Supply Chain Services (India) to obtain Courier services for the purpose of overseas export for the ordinary course of business of the Company.</p><p style="text-align: justify;">Dev Labtech Venture is in business of manufacturing, marketing and sourcing of diamonds - natural and lab grown having wide application in Jewellery. </p> |
| 27-Mar-2024 | Appointment of Director | Inter alia, to consider and approve the following:- 1. To take note of Notice of interest by Director pursuant to Section 184 (1) of t he Companies Act, 2013 2. To take note of the declaration of el-irector disqualification pursuant to Section 164 (2) of the Companies Act, 2013 3. To take note of declaration of independent given by all independent directors & check their independence status 4. To appoint internal auditor for the F.Y. 2024-25 5. To appoint GST auditor for the F.Y. 2024-25 6. To appoint secretarial auditor for the F.Y. 2024-25 7. To decide, discuss and approve to appoint new Market Maker of the Company 8. To give authority to file Form DPT-3, MGT-14 and other required Forms with the Registrar of Companies. 9. To review al l policies of the Company 10. To review terms and Conditions of appointment of Independent Directors 11. To review the code of conduct of the company 12. To give authority to file FLA Return, if required 13. Any other matter with the permission of the Chairman |
| 11-Mar-2024 | Dev Labtech Venture informs about disclosure | <div style="text-align: justify;">Dev Labtech Venture has informed that Lab-grown Diamond Exhibition- 2024 has been organized by Labgrown Diamond Association at Sarasana in Surat in May 2024. Preparations have been started in full swing for this exhibition. A special get-together ceremony (Snehmilan ceremony) was held for friends, manufacturers and broker friends at Manibagh Farm in Katargam, Surat, Gujarat. Vallabhbhai Lakhani, chairman of Surat Diamond Burse and many leaders including our promoter Jerambhai Donda, Chairman and Managing Director of Company has taken part in the Snehmilan ceremony. It is not an investor meet and the discussion mainly about the industry and planning about upcoming exhibition in the May, 2024. Further, there was no disclosure of unpublished price sensitive information in the discussion. The main objective to be part of the upcoming exhibition are to increase public and industry awareness about Lab-grown diamonds, production process, and the benefits we offer as an ethical and sustainable alternative to mined diamonds, to create platform for discussions on regulations, standards, and certifications related to lab-grown diamonds, fostering a better understanding of the industry's compliance with ethical and environmental standards. Further, It gives immense opportunity to showcase the creative and artistic potential of lab-grown diamonds in jewelry design, encouraging to explore new possibilities and express creativity through these sustainable gems. To be a part of exhibition can play a crucial role in enhancing reputation of the Company, and broadening its market acceptance.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div><div style="text-align: justify;"><br></div> |
| 11-Mar-2024 | Dev Labtech Venture informs about updates | <div>Dev Labtech Venture has informed that Lab-grown Diamond Exhibition- 2024 has been organized by Labgrown Diamond Association at Sarasana in Surat in May 2024. Preparations have been started in full swing for this exhibition. A special get-together ceremony (Snehmilan ceremony) was held for friends, manufacturers and broker friends at Manibagh Farm in Katargam, Surat, Gujarat. Vallabhbhai Lakhani, chairman of Surat Diamond Burse and many leaders including our promoter Jerambhai Donda, Chairman and Managing Director of Company has taken part in the Snehmilan ceremony. It is not an investor meet and the discussion mainly about the industry and planning about upcoming exhibition in the May, 2024. Further, there was no disclosure of unpublished price sensitive information in the discussion. The main objective to be part of the upcoming exhibition are to increase public and industry awareness about Lab-grown diamonds, production process, and the benefits we offer as an ethical and sustainable alternative to mined diamonds, to create platform for discussions on regulations, standards, and certifications related to lab-grown diamonds, fostering a better understanding of the industry's compliance with ethical and environmental standards. Further, It gives immense opportunity to showcase the creative and artistic potential of lab-grown diamonds in jewelry design, encouraging to explore new possibilities and express creativity through these sustainable gems. To be a part of exhibition can play a crucial role in enhancing reputation of the Company, and broadening its market acceptance.</div><div><br></div><div>The above information is a part of company's filings submitted to BSE.</div><div><br></div> |
| 02-Mar-2024 | Dev Labtech Venture informs about outcome of board meeting | <p style="text-align: justify;">Dev Labtech Venture has informed that the Board of Directors of the Company at its meeting held on Saturday, 2nd day of March, 2024 at 11:00 am at Plot No 53-54, 1st Floor, Thakordwar Society, Mini Bazzar, Varachha, Surat – 395006, Gujarat, India discussed and transacted the businesses, which are enclosed. The Board Meeting was commenced at 11.00 am and concluded at 11.25 am.</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p><div style="text-align: justify;"><br></div> |
| 02-Mar-2024 | Dev Labtech Venture informs about outcome of board meeting | <div style="text-align: justify;">Dev Labtech Venture has informed that Board of Directors of the Company at its meeting held on Saturday, 2nd day of March, 2024 at 11:00 am at Plot No 53-54, 1st Floor, Thakordwar Society, Mini Bazzar, Varachha, Surat -395006, Gujarat, India discussed and transacted the following businesses: The Board considered and approved to avail in one or more trenches Bank Guarantee for an amount up to Rs 75,00,000 against the security of fixed deposit(s) of the company and Board authorized Jerambhai Lavjibhai Donda, Chairman & Managing Director (DIN: 00484152) and/or Jay Jerambhai Donda, Wholetime Director & CFO (DIN: 03496627) severally to sign and execute required applications, documents, agreements and other required documents and authorized them to do all such acts, matters, deeds as may be required time to time; With the permission of the Chairman following business transacted: For the porpose of providing bank guarantee against Fixed Deposit, the Board considered and approved to deposit such sum as may be required in the Fixed Deposit Account of the company and for the same authorized Jerambhai Lavjibhai Donda, Chairman & Managing Director (DIN: 00484152) and/or Jay Jerambhai Donda, Wholetime Director & CFO (DIN: 03496627) severally to sign all such necessary agreement, forms, documents, papers and other documents and to do all such acts, matters, deeds as may be required time to time; The Board considered and approved to avail various loans/credit facilities from SIDBI and Board authorized Jerambhai Lavjibhai Donda, Chairman & Managing Director (DIN: 00484152) and/or Jay Jerambhai Donda, Wholetime Director & CFO (DIN: 03496627) severally to sign and execute required applications, documents, agreements and other documents and authorized them to do all such acts, matters, deeds as may be required time to time.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div><div style="text-align: justify;"><br></div> |
| 15-Jan-2024 | Dev Labtech Venture touches roof on signing MoU with Government of Gujarat | <p style="text-align: justify;">Dev Labtech Venture is currently trading at upper limit of Rs. 99.72, up by 4.74 points or 4.99% from its previous closing of Rs. 94.98 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 99.72 and has touched a high and low of Rs. 99.72 and Rs. 99.50 respectively. So far 26000 shares were traded on the counter.</p><p style="text-align: justify;">The BSE group 'MT' stock of face value Rs. 10 has touched a 52 week high of Rs. 105.80 on 10-Nov-2023 and a 52 week low of Rs. 47.70 on 31-Mar-2023.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 100.50 and Rs. 90.65 respectively. The current market cap of the company is Rs. 82.48 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 68.01%, while Non-Institutions held 31.99% stake in the company.</p><p style="text-align: justify;">Dev Labtech Venture has signed Memorandum of Understanding (MoU) with Government of Gujarat in the Vibrant Gujarat 2024 Summit the for the purpose of growth and expansion of the Business of the Company in the existing line of business of Lab Grown Diamond Manufacturing, natural diamonds and Gems and Jewellery Sector. The proposed investment is of Rs 102 crore, Proposed Employment is 500, Proposed Project Location is Surat, Gujarat, India and year of Commencement will be 2026. </p><p style="text-align: justify;">Dev Labtech Venture is in business of manufacturing, marketing and sourcing of diamonds - natural and lab grown having wide application in Jewellery. </p> |
| 13-Jan-2024 | Dev Labtech Venture signs MoU with Government of Gujarat | <p style="text-align: justify;">Dev Labtech Venture has signed Memorandum of Understanding (MoU) with Government of Gujarat in the Vibrant Gujarat 2024 Summit the for the purpose of growth and expansion of the Business of the Company in the existing line of business of Lab Grown Diamond Manufacturing, natural diamonds and Gems and Jewellery Sector. The proposed investment is of Rs 102 crore, Proposed Employment is 500, Proposed Project Location is Surat, Gujarat, India and year of Commencement will be 2026. </p><p style="text-align: justify;">Dev Labtech Venture is in business of manufacturing, marketing and sourcing of diamonds - natural and lab grown having wide application in Jewellery. </p><div style="text-align: justify;"><br></div> |
| 05-Jan-2024 | Dev Labtech Venture informs about outcome of the board meeting | <p style="text-align: justify;">Dev Labtech Venture has informed that the Board of Directors of the Company at its meeting held on Thursday, 4th day of January, 2024 at 5:30 pm at Plot No 53-54, 1st Floor, Thakordwar Society, Mini Bazzar, Varachha, Surat – 395006, Gujarat, India discussed and transacted the following businesses: 1) The Board considered and authorized Jerambhai Lavjibhai Donda, Chairman & Managing Director (DIN: 00484152) and/or Jay Jerambhai Donda, Wholetime Director & CFO (DIN: 03496627) severally to sign and execute MOU at the Vibrant Gujarat 2024 summit, if decided, for the purpose to raise investment through signing of MOU in the vibrant Gujarat 2024 summit by the company with proposed investors (if any) for the purpose of growth and expansion of the Business of the Company in the existing line of business of Lab Grown Diamond Manufacturing, natural diamonds and Gems and Jewellery Sector, for that, authorize them to sign and execute other required agreements, documents, declarations etc. and to do all such acts, matters, deeds as may be required time to time, 2) The Board considered and authorized Jerambhai Lavjibhai Donda, Chairman & Managing Director (DIN: 00484152) and/or Jay Jerambhai Donda, Wholetime Director & CFO (DIN: 03496627) to sign and execute various agreements as and when required time to time for the promotion of the products of the Company and authorize them to sign and execute other required agreements, documents, declarations etc. and to do all such acts, matters, deeds as may be as and when needed in the future. The Board Meeting was commenced at 5.30 pm and concluded at 10.00 pm.</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p> |
