DEVITNSEDev Information Technology Limited· IT - ServicesHighPositive
Announced Tue, 16 Sept, 2025 · 12:08 IST

Dividend adjusted to Rs 0.10 per share after share subdivision

Stock SplitCorporate Actions View source PDFExplain this filing

DEVIT · price

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

Price reactionminutes from the announcement price · days from the prior close
+2.8%Reaction day
₹42.82
prior close
₹43.53
announcement price
In-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used+0.5%+2.2% vs market
IT Enabled Services peers, median of 67sector+0.1%+2.7% vs sector

On the reaction day the stock moved 2.2 pts more than Nifty Microcap 250 and 2.7 pts more than its IT Enabled Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark
Stock
5m
-0.6
10m
-0.8
15m
-0.7
30m
-0.8
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
+2.8+0.5+2.2+0.1+2.7
Next day
+1.8+1.2+0.6+0.6+1.2
2d
+0.7+0.9-0.3+0.9-0.2
3d
+0.7+1.3-0.7+0.6+0.1
4d
-0.2+0.6-0.8-0.6+0.4
5d
-2.1+0.3-2.3+0.1-2.2
1w
-3.1-1.1-1.9-2.0-1.0
15d
-6.6-2.6-3.9-3.9-2.7
1m
-10.6-1.9-8.6-2.6-7.9
2m
-5.4-1.0-4.5-3.2-2.2
3m
-13.6-6.7-6.9-7.4-6.2
UpDownMarket · Nifty Microcap 250Sector · IT Enabled Services peers, median of 67Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

The final dividend for FY2024-25 remains at 5 percent. Following the subdivision of shares from a Rs 5 face value to Rs 2, the dividend per share changes from Rs 0.25 to Rs 0.10. The dividend eligibility record date is 23 September 2025, and the AGM is scheduled for 30 September 2025.

Likely market impact

The lower dividend per share reflects the share subdivision, not a reduction in the 5 percent dividend rate or shareholders' total entitlement.