Proceedings of 28th Annual General Meeting of DEVIT
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Dev Information Technology Limited held its 28th AGM on September 30, 2025 at 4:00 PM via video conferencing, chaired by Mr. Pranav Niranjan Pandya. Shareholders approved the audited standalone and consolidated financial statements for the financial year ended March 31, 2025. A dividend of 5% (Rs. 0.10 per equity share) was declared for FY25. Mr. Vishal N. Vasu was re-appointed as Whole-time Director (retiring by rotation), and M/s Rinkesh Shah & Co. were re-appointed as Statutory Auditors. M/s. Murtuza Mandorwala & Associates were appointed as Secretarial Auditor. Members also approved material related party transactions involving the company and its subsidiaries — Dev Info-Tech North America Limited, Dhyey Consulting Services, Minddefft Technologies, and Dynamics Stars LLC. The meeting concluded at 4:35 PM, and the scrutinizer's report with voting results is to be filed with the stock exchanges later.
Routine AGM proceedings with routine approvals. The Rs. 0.10 per share dividend is a small payout and likely not a major catalyst. Shareholders should watch for the scrutinizer's report and voting results for any resolutions that may have faced dissent, particularly the related party transaction approvals with subsidiaries.