1:1 Bonus Issue, 1:2 Stock Split: Microcap company to reward shareholders this week; Check ex-date

1:1 Bonus Issue, 1:2 Stock Split: Shares of Dev Labtech Venture Limited will be in focus this week as the company’s stock split and bonus issue record date falls on May 15, 2026. Investors looking to become eligible for the corporate action will need to buy the stock by May 14, which is tomorrow, considering the T+1 settlement cycle.

The micro-cap company has announced both a stock split and a bonus issue. The company said that this move is aimed at improving liquidity and increasing retail investor participation.

Record date set for May 15

The company’s board has fixed Friday, May 15, 2026, as the record date to determine eligible shareholders for the stock split and bonus share allotment.

In an exchange filing, the company said the subdivision or stock split of equity shares will take effect from May 15 under the new ISIN — INE0NIJ01025.

The filing added that one equity share with a face value of Rs 10 each will be split into two equity shares having a face value of Rs 5 each.

Dev Labtech Venture stock split explained

Dev Labtech Venture has approved a 1:2 stock split. This means every one equity share with a face value of Rs 10 will be divided into two shares with a face value of Rs 5 each.

A stock split is a process in which a company increases the number of its shares by dividing existing shares into smaller parts. It does not change the overall value of an investor’s investment.

For example, if an investor holds 100 shares before the split, the holding will become 200 shares after the split.

Companies usually announce stock splits to make shares more affordable for small investors and improve liquidity in the market.

Company also announces bonus shares

Apart from the stock split, the company has also approved a 1:1 bonus issue.

Under the bonus issue, shareholders will receive one additional fully paid-up equity share for every one existing equity share held after the stock split.

For instance, if an investor holds 200 shares after the split, they will receive 200 bonus shares, taking the total holding to 400 shares.

The company had earlier announced the bonus issue on March 27, 2026, while the record date for determining eligible shareholders has also been fixed as May 15.

Allotment of bonus shares

In a separate filing, Dev Labtech Venture said its board meeting is scheduled for May 18, 2026, to consider and approve the allotment of bonus equity shares, subject to necessary approvals.

About the company

Dev Labtech Venture operates in the diamond and jewellery segment. The company is engaged in manufacturing and exporting natural polished diamonds and lab-grown diamonds, especially CVD stones.

The company also manufactures and supplies laboratory chemicals, reagents, and equipment for pharmaceutical, research, and industrial sectors in domestic and international markets.

Dev Labtech Venture share price

Shares of Dev Labtech Venture Limited closed at Rs 124.45 on Wednesday, down 0.04 per cent for the day. The stock opened at Rs 125.70 and also touched its 52-week high of Rs 125.70 during the session.

The company’s market capitalisation stood at Rs 147.64 crore. The stock has touched a 52-week low of Rs 51.99.