DEV INFORMATION TECHNOLOGY LIMITED — AGM Information 2018

Sep 29, 2018

Dev Information Technology Limited

Reg. Office: 14, Aaryans Corporate Park, Near Shilaj Railway Crossing, Thaltej-Shilaj Road, Thaltej, Ahmedabad-380 059. (INDIA) Phone: +91-94298 99852 I 53

www.devitpl.com I info@devitpl.com

Offices: Gujarat I Maharashtra I Rajasthan I Canada CIN:L30000GJ1997PLC033479 IT Simplified ...

Dated: 29.09.2018

To,

The Manager-Listing Department, The National Stock Exchange of India Limited, Exchange Plaza, Plot No. C/1, G-Biock, Bandra Kurla complex, Bandra East, Mumbai-400 051

Ref: DEV INFORMATION TECHNOLOGY LIMITED (DEVIT) (Series:SM)

Sub: Proceedings of the 21st Annual General Meeting of the Company pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Respected Sir/Mam,

We would like to inform you that the 21st Annual General Meeting ("AGM") of Dev Information Technology Limited ("the Company") was held on Saturday, 29th September, 2018 at 4:00P.M. and concluded at 5:00P.M. at Block-12 Aaryans Corporate Park, Nr. Shilaj Railway <;:rossing, Thaltej, Ahmedabad-380059, Gujarat.

Total13 members were present in person and 10 in proxy.

Chairman of the Company Mr. Pranav N. Pandya, Chaired the meeting. Company secretary welcomed the members and introduced the Director.s present in the meeting. Upon the confirmation of the quorum by company secretary, Chairman called the meeting in order.

Thereafter, the Chairman delivered his speech about the latest deyelopments in the company.

With the permission ofthe members, the .notice ofthe 2Pt AGM, along with director's report, management discussion and analysis report and the Financial Statements for the year ended on 3Pt March, 2018, were taken as read. Statutory Auditor's and Secretarial Auditor's report were also taken as read as there was no qualification remark.

In terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to intimate that the following items as stated in the notice of the 2Pt AGM dated 29th August, 2018 were placed for voting by show of hands at the AGM ·and all the resolutions were passed with requisite majority:

Enterprise Applications .I Enterprise Mobility

Infrastructure Management

Cloud Computing

Dev Information Technology Limited

Reg. Office: 14, Aaryans Corporate Park, Near Shilaj Railway Crossing, Thaltej-Shilaj Road, Thaltej, Ahmedabad-380 059. (INDIA) Phone: +91-94298 99852 I 53

www.devitpl.com I info@devitpl.com

Offices: Gujarat I Maharashtra I Rajasthan I Canada CIN:L30000GJ1997PLC033479 IT Simplified ...

• ORDINARY BUSINESS:

1. Considered and adopted the Standalone and Consolidated Fin·ancial Statements as at 31st March, 2018 including the Audited Balance Sheet as at 31st March, 2018, the Statement of Profit and Loss for the year ended on that date and reports of the Board of Directors and Auditors thereon.

2. Declared dividend on equity shares @5% i.e. Rs.O.SO/-per share.

3. Re-appointed Mr. Pranav N. Pandya (DIN: 00021744), who retires by rotation, as a Directors of the company.

4. Approved modification to the resolution for rectification of appointment of Statutory Auditors M/s. Chandulal M. Shah.

• SPECIAL BUSINESS :

1. Considered and Approved Dev Information Technology Emp.loyee Stock Option Plan - 2018 ('ESOP 2018' or 'Plan').

In terms of provision of Section 108 of Companies Act, 2013 read with Companies {Management and Administration) Amendment Rules, 2015, the company was not required to provide the e-voting facility to shareholders of the company. Further, as envisaged in the Notice of 21st AGM, the register of members and Share Transfer Book of the Company were closed from 22nd September, 2018 to 23'd September, 2018 (both days inclusive). Therefore, members whose names appear on the register of members I List of Beneficial owners as on 21st September, 2018 was considered for the purpose of voting, through show of hands:

You are requested to kindly take the above information on your records.

Thanking-You,

On behalf of Board of Directors

DEV INFORMATION TECHNOLOGY LIMITED

~~~~~ Krisa Patel

Company Secretary ACS 47595 Place: Ahmedabad

Enterprise Applications Enterprise , Mobility

Infrastructure Management

Cloud Computing I·

Digital & Digitization . Licensing