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DEVIT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.2 pts less than Nifty Microcap 250 and 0.2 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.
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Dev Information Technology Limited held its 28th AGM on September 30, 2025, via video conferencing, where all 9 proposed resolutions were transacted. Shareholders adopted the audited standalone and consolidated financial statements for FY ended March 31, 2025, and approved a dividend of Rs. 0.10 per equity share (5%). Mr. Vishal N. Vasu was re-appointed as Whole-time Director, M/s Rinkesh Shah & Co. was re-appointed as Statutory Auditors, and M/s Murtuza Mandorwala & Associates was appointed as Secretarial Auditor. Four resolutions approved material related party transactions involving the subsidiary Dev Info-Tech North America Limited and other group entities. The meeting concluded at 4:35 PM, with the scrutinizer's report on voting results to be filed later.
Routine AGM outcome with no major surprises — a modest dividend (Rs. 0.10/share) signals steady but unspectacular returns, while multiple related party transaction approvals highlight significant inter-group dealings that shareholders should monitor for governance transparency.