Announced Tue, 30 Sept · 18:31 IST

yes

Related Party TransactionsResults View source PDF

DEVIT · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

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.

Likely market impact

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.