Allotment of Securities

August 04, 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: Approval Allotment of Non-Convertible Debentures Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), read with Para A of Part A of Schedule III of the SEBI Listing Regulations and other applicable provisions and in continuation to our earlier letter dated May 19, 2026, the Executive Committee of the Board of Directors, at its meeting held today, i.e., August 04, 2026, has approved the allotment of 100,000 (One Lakh) senior, listed, secured, rated, redeemable, non-cumulative, taxable, transferable, non- convertible debentures having a face value of Rs. 10,000 (Rupees Ten Thousand only) each for an aggregate principal amount of Rs. 100,00,00,000 (Rupees One Hundred Crores only) (“Debentures”) on a private placement basis. The Debentures shall be listed on the Wholesale Debt Market segment of BSE Limited within the statutory timelines. The details as required under Regulations 30 of the Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, are enclosed herewith at Annexure – A. We request you to kindly take the above information on record. Thanking you Yours faithfully, For Dev Accelerator Limited (Formerly Known as Dev Accelerator Private Limited) Anjan Trivedi Company Secretary & Compliance Officer Encl: As above Annexure A S. no. Terms Particulars 1. Type of securities proposed to be issued Non-Convertible Debentures. (viz. equity shares, convertibles etc.) 2. Type of issuance (further public offering, Private Placement basis to eligible rights issue, depository receipts investors. (ADR/GDR), qualified institutions placement, preferential allotment etc.); 3. total number of securities proposed to be 100,000 (One Lakh) non-convertible issued or the total amount for which the debentures of face value of Rs. 10,000 securities will be issued (approximately) (Rupees Ten Thousand only) each 4. Size of the issue Rs. 100,00,00,000 (Rupees One Hundred Crores Only) 5. Whether proposed to be listed? To be listed on BSE Limited. If yes, name of the stock exchange(s) 6. Tenure of the instrument 36 (thirty six) months from the date of allotment Date of allotment August 4, 2026 Date of maturity A ugust 4, 2029 7. Coupon/interest offered 11.75% per annum 8. Schedule of payment of coupon/ interest Coupon shall be payable monthly on the and principal last day of each calendar month, commencing on August 31, 2026. The final coupon shall be payable on the Redemption Date, being August 04, 2029, together with the principal amount of the Debentures. 9. Charge/ security, if any, created over the First ranking pari passu charge by way of assets hypothecation over the issuer's all movable and immovable fixed assets; Exclusive charge over identified receivables, together with an exclusive lien and account control arrangement over escrow account and all amounts standing to the credit thereof; The hypothecated assets shall, at all times until final settlement date, provide a minimum security cover of 1.0x which security cover will increase to 1.5x from 90 days after the date of allotment, in each case to the aggregate amounts outstanding under the debentures including principal amounts, accrued but unpaid coupon and default interest. 10. Special rights/ interest/ privileges attached There are no special rights, interests, or to the instruments and changes thereof. privileges attached to the Debentures other than those ordinarily applicable to similar listed non-convertible debentures issued in the normal course of business. 11. Delay in payment of interest/ principal Any delay or default in payment of amount for a period of more than three coupon or principal shall attract months from the due date or default in additional interest at 3% per annum over payment of interest/ principal. the coupon rate on the outstanding principal until actual payment. Any other event of default shall attract additional interest at 2% per annum over the coupon rate from the date of occurrence of such default until it is cured. Failure to perfect the security within 30 days of execution of the hypothecation document shall attract additional interest at 3% per annum until such security is perfected. Failure to list the debentures within 3 business days of issue closure shall attract additional interest at 1% per annum until listing. 12. Details of any letter or comments regarding Not applicable. payment/ non-payment of interest, principal on due dates, or any other matter concerning the security and/ or the assets along with its comments thereon, if any. 13. Details of redemption of Debentures. The Debentures shall be redeemed in full at par by way of a single bullet repayment on August 04, 2029, unless redeemed early under the terms of the Debenture Trust Deed. 14. Any cancellation or termination of Not applicable. proposal for issuance of securities including reasons thereof.