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DEVITBSEDev Information Technology Ltd· IT - ServicesHighNegative
Announced Fri, 13 Mar, 2026 · 10:10 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for XDuce Technologies Pvt Ltd

Creeping acquisition near the thresholdOwnership Changes 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
-5.1%Reaction day
₹25.92
prior close
₹25.68
announcement price
In-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used-2.9%-2.2% vs market
IT Enabled Services peers, median of 73sector-2.9%-2.2% vs sector

On the reaction day the stock moved 2.2 pts less than Nifty Microcap 250 and 2.2 pts less 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
+0.0
10m
-0.3
15m
+0.0
30m
-0.5
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
-5.1-2.9-2.2-2.9-2.2
Next day
-1.6-3.5+1.9-4.2+2.6
2d
+9.6-2.5+12.1-4.5+14.1
3d
+10.3+0.1+10.3-1.9+12.3
4d
+9.9-2.7+12.6-4.1+14.0
5d
+5.9-1.9+7.8-4.0+9.9
1w
+1.0-3.7+4.7-7.6+8.6
15d
+7.2+3.5+3.7+2.0+5.2
1m
+16.9+5.6+11.3+4.7+12.2
2m
+19.6+13.7+5.9+7.8+11.8
3m
+9.1+20.0-10.9+5.4+3.8
UpDownMarket · Nifty Microcap 250Sector · IT Enabled Services peers, median of 73Pending

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

AI summary

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.

Likely market impact

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.