Dev Accelerator Litigation Update: Case Adjourned to January 31, 2026

Dev Accelerator Limited (DEVX) has provided an update on a litigation filed by LRS Service Private Limited before the Commercial Court of Kasna, Gautam Budh Nagar, Uttar Pradesh. The application was f...

Dev Accelerator Limited (DEVX) has provided an update on a litigation filed by LRS Service Private Limited before the Commercial Court of Kasna, Gautam Budh Nagar, Uttar Pradesh. The application was filed under Section 9 of the Arbitration and Conciliation Act, 1996, as previously disclosed in the prospectus dated September 13, 2025. The matter was listed on December 20, 2025, and has been adjourned to January 31, 2026. The company stated that further updates will be provided as substantial developments occur. The announcement also clarified that there are no applicable changes regarding litigation against key management personnel or promoters, nor has there been any settlement of proceedings. This disclosure is made in accordance with Regulation 30 read with Para B (8) of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and Clause 8 of the SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

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Why is Dev Accelerator Limited in the news today?

Dev Accelerator Limited (DEVX) is in the news due to the announcement provides a factual update on a legal proceeding, stating an adjournment. there is no immediate positive or negative outcome reported, making the sentiment neutral.

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Dev Accelerator Litigation Update: Case Adjourned to January 31, 2026

December 20, 2025, 09:17 AM

AI Sentiment Analysis

Dev Accelerator Limited (DEVX) has provided an update on a litigation filed by LRS Service Private Limited before the Commercial Court of Kasna, Gautam Budh Nagar, Uttar Pradesh. The application was filed under Section 9 of the Arbitration and Conciliation Act, 1996, as previously disclosed in the prospectus dated September 13, 2025.

The matter was listed on December 20, 2025, and has been adjourned to January 31, 2026. The company stated that further updates will be provided as substantial developments occur. The announcement also clarified that there are no applicable changes regarding litigation against key management personnel or promoters, nor has there been any settlement of proceedings.

This disclosure is made in accordance with Regulation 30 read with Para B (8) of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and Clause 8 of the SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

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