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Dev Accelerator Limited — Capital/Financing Update 2026
Feb 18, 2026
60155_rns_2026-02-18_ad95fcda-f512-4390-87e7-e7842b70e4f3.pdf
Capital/Financing Update
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February 18, 2026
To, To BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, Plot No. C/1, G Block, Dalal Street Bandra Kurla Complex, Bandra (East) Mumbai 400 001 Mumbai 400 051 Script Code: 544513 Trading Symbol: DEVX
Dear Sir/ Madam,
Sub: Completion of Sale of 38% equity investment in Scaleax Advisory Private Limited
Further to our intimation dated January 31, 2026, regarding the approval of the proposal for divestment of 38% of equity investment of the Company in its associate company, Scaleax Advisory Private Limited (“Scaleax”), to Dev Information Technology Limited (“DevIT”), a Corporate Promoter and to Mr. Aaryan Jaxay Shah, for an aggregate consideration of Rs. 3,80,000/- (Rupees Three Lakh Eighty Thousand Only).
In terms of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to update that today the Company has transferred 38% of its equity investment in Scaleax to DevIT and Mr. Aaryan Jaxay Shah and received aggregate consideration of Rs. 3,80,000/-. (Rupees Three Lakh Eighty Thousand Only).
Accordingly, Scaleax has ceased to be an associate company.
Kindly take the same on your record.
Thanking you
Yours faithfully,
For Dev Accelerator Limited
(Formerly Known as Dev Accelerator Private Limited)
ANJAN PARESHKUMAR TRIVEDI Digitally signed by ANJAN PARESHKUMAR TRIVEDI DN: c=IN, postalCode=380054, st=GUJARAT, street=102 VIHARDHAM APPARTMENT JAY AMBE NAGAR THALTEJ AHMEDABADAHMEDABADBH LAVKHUSH TOWER OOP 380054, l=AHMEDABAD, o=Personal, title=2904, serialNumber=f4402c7aabfce0fb45a8248836464bebff12a13df132247b28e9c24123c9b31c, pseudonym=b9a603140314a0c7116cead4335dbf1b, 2.5.4.20=210a9a873710ce0c51eb447039b745a5bd547e0625e5c449514c9ce676f70f29, email=[email protected], cn=ANJAN PARESHKUMAR TRIVEDI Date: 2026.02.18 18:12:05 +05'30'
Anjan Trivedi
Company Secretary & Compliance Officer