Annual Report FY 2025-26

DEV LABTECH VENTURE LIMITED Registered Office: SPINE - 232, 2ND FLOOR, SURAT DIAMOND BOURSE, DREAM CITY, KHAJOD, SURAT-395007, GUJARAT (INDIA). Branch Office: SURAT: PLOT NO 53 54, 1ST FLOOR, THAKORDWAR SOCIETY, MINI BAZAR, VARACHHA ROAD, SURAT- 395006, GUJARAT (INDIA). BHAVNAGAR: GF/22-23, PATTANI PLAZA, DAIRY ROAD, NEAR NILAMBAUG CIRCLE, BHAVNAGAR – 364002, GUJARAT (INDIA). MUMBAI: D 403, GREEN WOODS, ANDHERI KURLA ROAD, CHAKALA, ANDHERI EAST, MUMBAI - 400093, MAHARASHTRA (INDIA). Mo.: +91-9324485010, +91-9324485012 Email: info@devlabtechventure.com CIN No.: L36100GJ1993PLC019374 www.devlabtechventure.com Date: 01/09/2026 The Listing Compliance Department BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400001, Maharashtra Scrip Code: 543848, Scrip ID: DEVLAB (BSE SME), ISIN: INE0NIJ01025 Subject: 33rd Annual Report of the Company for the Financial Year 2025-26. Dear Sir/Madam, Pursuant to the provisions of Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are pleased to enclose herewith the Annual Report for the financial year 2025-26 of the Company. The same is available on the website of the Company at www.devlabtechventure.com Kindly take the above information on record and oblige. Thanking You. Yours Faithfully, For DEV LABTECH VENTURE LIMITED PANKAJ PANDAV Company Secretary & Compliance Officer ACS No. 62216 Encl.: As above 33rd Annual Report ǀ 2025-26 INDEX CONTENTS PAGE NO. Company Information 1 Directors & KMPs Profile 2 Chairman’s Message 3 Whole Time Director’s Message 4 History & Progression 5 About Us 6 Our Product 8 Events & Participation 10 Notice of 33rd AGM 13 Directors’ Report 27 Form AOC-1 39 Particulars of Employees 40 Secretarial Audit Report 41 Management Discussion and Analysis Report 45 Corporate Governance Report 55 Declaration on Compliance of the Company’s Code of Conduct 70 Certificate of Non-Disqualification of Directors 71 MD/CFO Certification 72 Standalone Financial Statements 73 Consolidated Financial Statements 99 0 | Pa ge 33rd Annual Report ǀ 2025-26 33RD ANNUAL REPORT F.Y. 2025-26 COMPANY INFORMATION BOARD OF DIRECTORS Mr. Jerambhai Lavjibhai Donda - Chairperson & Managing Director Mr. Jay Jerambhai Donda - Whole Time Director & Chief Financial Officer Mrs. Dimple Jay Donda - Non-Executive Director Mr. Brijeshkumar Maheshbhai Pathak - Non-Executive Independent Director Mr. Vivekbhai Tulsibhai Mavani - Non-Executive Independent Director COMPANY SECRETARY & COMPLIANCE OFFICER Mr. Pankaj Valjibhai Pandav STATUTORY AUDITORS INTERNAL AUDITORS M/s. H A R & CO M/s. Rajendrasinh Gohil & Co. Chartered Accountants, Chartered Accountants, 1518 Excellent Business Hub, 205, 2nd Floor, Madhavbaug Complex, Opp. Venus Hospital, Darwaja, Opp. Jalaram Steel Furniture, Surat-395003, Gujarat Kapodra, Varachha Road, Surat-395006. REGISTRAR & SHARE TRANSFER AGENT SECRETARIAL AUDITORS MUFG Intime India Private Limited M/s. RPK & Associates C-101, Embassy 247, LBS. Marg, Vikhroli (West), Practicing Company Secretary Mumbai - 400083, Maharashtra. 307, Shubham Complex, Email: rnt.helpdesk@in.mpms.mufg.com Por Mohallo, Opp. Anand Hospital, Website: www.in.mpms.mufg.com Near Kailash Restaurant, Nanpura, Contact No.: +91 22 4918 6000 Surat-395001, Gujarat REGISTERED OFFICE MARKETING OFFICE: Dev Labtech Venture Limited (BSE SME Listed) Mumbai: D-403, Green Woods, Andheri Kurla Road, CIN: L36100GJ1993PLC019374 Chakala, Andheri East, Mumbai - 400093, Maharashtra Reg. Office: Spine 232, 2nd Floor, Surat Diamond Bourse, Dream City, BRANCH OFFICE & MANUFACTURING UNITS: Khajod, Surat-395007, Gujarat Surat: Plot No. 53 54, 1st Floor, Thakordwar Society, CONTACT DETAILS Mini Bazar, Varachha Road, Surat- 395006, Gujarat Email: cs@devlabtechventure.com Bhavnagar: GF/22-23, Pattani Plaza, Dairy Road, info@devlabtechventure.com Near Nilambaug Circle, Bhavnagar - 364002, Gujarat devlabtechventure@gmail.com Website: www.devlabtechventure.com Mo. No.: +91-9324485010, +91-9324485012 1 | Pa ge 33rd Annual Report ǀ 2025-26 DIRECTORS & KMPS PROFILE Mr. Jerambhai Lavjibhai Donda, aged about 63 years, is the Chairman and Managing Director and Promoter of the Company. He holds a Matriculation Degree and has been associated with the Company since April 29, 1993. He was designated as the Chairman and Managing Director on September 24, 2022, for a term of five years. With over 43 years of experience in the diamond and jewellery industry, he has been instrumental in driving the Company's growth through strategic leadership, key policy decisions, and business expansion. His commitment to ethical business practices, innovation, and adoption of modern technology and management practices continues to strengthen the Company's long-term growth and success. His visionary leadership, unwavering commitment to ethical business practices, and focus on embracing the latest technological advancements and modern management practices have sMigrn. iJfaicya nJetrlya mcobnhtariib Duotendd ato, athgeed C oabmopuatn 3y3's y seuasrtsa, inise tdh ger Wowhtohle a-ntidm dee Dveirleocptmore &nt C. Uhinedf eFrin hains cial gOuffidicaenr caen, dth Per oCmomotpearn oyf htahse cCoonmsipstaennyt.l yH pe uhrosuldesd a i nBnaocvhaetloiorn o, fo Cpoemramtioenrcael e(Fxicneallnecniacle ,M aanrdk ets) ldoenggr-etee.r mHe v haaluse b cereena taisosno cfoiart ietds swtaitkhe thhoel dCeorms.p any since April 18, 2011 and was designated as the Whole-time Director on September 24, 2022, for a term of five years. With over 11 years of experience in the diamond and jewellery industry, he has expertise in finance, accounting, banking, financial market strategies, market research, and business development. He is responsible for overseeing the Company's finance and accounts functions and contributes significantly to its strategic and financial growth. Mrs. Dimple Jay Donda, aged about 32 years, is a Non-Executive Director and Promoter of the Company. She holds a Bachel or of Science in Interior Design degree. She was appointed to the Board on June 3, 2022, and is liable to retire by rotation. She has over 5 years of experience in the diamond and jewellery in dustry. She contributes to the Company's jewellery segment by overseeing jewellery design, understanding customer preferences, and keeping abreast of emerging jewellery market tre nds. Mr. Vivekbhai Tulsibhai Mavani, aged about 34 years, is an Independent Director of the Company. He holds a Bachelor of Commerce degree. He was appointed to the Board on August 19, 2022, and designated as an Independent Director for a term of five years. He has over 9 years of experience in the diamond industry, bringing valuable industry knowledge and independent perspective to the Board. Mr. Brijeshkumar Maheshbhai Pathak, aged about 34 years, is an Independent Director of the Company. He holds a Bachelor of Arts degree. He was appointed to the Board on September 7, 2022, and designated as an Independent Director for a term of five years. He has over 3 years of experience in general administration and provides valuable guidance on administrative and governance matters. Mr. Pankaj Valjibhai Pandav, aged about 36 years, is the Company Secretary and Compliance Officer of the Company. He was appointed as the Company Secretary and Compliance Officer with effect from August 8, 2024. He holds Bachelor's degrees in Commerce (B.Com.) and Law (LL.B.) and is a qualified Company Secretary, being an Associate Member of the Institute of Company Secretaries of India (ICSI). He is responsible for overseeing the Company's secretarial, corporate governance, and compliance functions. 2 | Pa ge 33rd Annual Report ǀ 2025-26 CHAIRMAN’S MESSAGE Dear Shareholders, It is my privilege to present the Annual Report of our Company for the financial year. The year has been one of steady progress, operational excellence, and strategic advancement. Despite an evolving global business environment, our Company continued to demonstrate resilien [Showing first 8,000 characters — download PDF for full document]