Announced Wed, 29 Apr · 11:49 IST

Dev Information Technology Limited has informed the Exchange regarding 'Disclosure of Non Applicability of Large Corporate (LC) Entity'.

DEVIT · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-2.8%1-day move
₹32.48
prior close
₹32.84
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.8-0.4-0.9-0.1-2.8-3.0-3.7-3.1-5.5-7.0-7.6-13.0-21.5
Up moveDown movePending
AI summary

Dev Information Technology Limited has submitted an initial disclosure to NSE and BSE confirming it does not qualify as a 'Large Corporate' under SEBI guidelines. The company reported outstanding borrowings of Rs. 5.58 crore as of March 31, 2026, which falls below the threshold for Large Corporate classification. The company has no credit rating (NIL/NA). This filing is a routine regulatory requirement under SEBI's 2018 circular governing debt issuance by large entities. The disclosure was signed by the Company Secretary and CFO on April 29, 2026.

Likely market impact

No direct impact on shareholders or stock price. This is a routine compliance filing confirming the company's smaller corporate status relative to SEBI's Large Corporate thresholds. Investors may note the company's low debt levels as a sign of conservative financial management.