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Dev Labtech Venture informs about outcome of board meeting

02 Mar 2024 Evaluate
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.

The above information is a part of company’s filings submitted to BSE.

Dev Labtech Venture Share Price

91.50 0.50 (0.55%)
17-Apr-2026 16:59 View Price Chart
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