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 the acquisition of 39,433 equity shares (0.07%) of Dev Information Technology Ltd through open market purchases on March 16, 2026. Prior to this transaction, Xduce held 1,32,79,939 shares representing 23.57% of the company; after the acquisition, its holding has risen to 1,33,19,372 shares, or 23.64%. No encumbrance (pledge/lien) is involved in this transaction. The acquirer has confirmed it is not part of the promoter or promoter group of the target company.
This is a small incremental purchase by an existing non-promoter shareholder and is unlikely to materially affect the stock price. Shareholders should note that Xduce is gradually building its stake and is currently a significant minority holder, though still well below takeover trigger thresholds.