The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for XDuce Technologies Pvt Ltd
DEVIT · price
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XDuce Technologies Private Limited, a non-promoter acquirer, has disclosed a small open-market purchase of 62,734 equity shares (0.11% of share capital) of Dev Information Technology Ltd on March 10-11, 2026. After the transaction, XDuce's holding in Dev Information increased from 1,32,17,205 shares (23.46%) to 1,32,79,939 shares (23.57%). The total equity share capital of Dev Information stands at 11,26,70,464 shares of Rs. 2 each. XDuce is confirmed as NOT belonging to the promoter/promoter group of the company. The shares were acquired from the open market, and there is no encumbrance (pledge/lien) involved.
This is a small incremental stake increase by a non-promoter entity, moving marginally closer to the 25% SAST threshold (now at 23.57%). At the current pace, reaching 25% would trigger a mandatory open offer obligation. For existing shareholders, this signals steady strategic interest from a major non-promoter holder, but the tiny purchase size is unlikely to cause any short-term share price movement.