DEV INFORMATION TECHNOLOGY LIMITED — Board/Management Information 2022

Mar 15, 2022

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 / 53

www.devitpl.com | info@devitpl.com

Offices: Gujarat | Maharashtra | Rajasthan | Canada CIN: L30000GJ1997PLC033479

Date: March 15, 2022

To,	To,
The Manager-Listing Department,	The Secretary,
The National Stock Exchange of India	BSE Limited
Limited,	Phiroze Jejeebhoy Towers,
Exchange Plaza, Plot No. C/1, G-Block,	Dalal Street
Bandra Kurla complex,	Mumbai -400001
Bandra East,
Mumbai-400 051
Trading Symbol: DEVIT	Trading Symbol: 543462

Subject: Outcome of Board Meeting held on March 15, 2022 pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations, 2015 ("SEBI LODR")

Respected Sir/Madam,

With reference to above subject matter and in compliance with Regulation 30 of SEBI Listing Regulations, we hereby inform you that a meeting of the Board of Directors (the "Board") of Dev Information Technology Limited ("DEVIT" / "Company") was held today, on March 15, 2022 and inter-aila considered and approved the following businesses:

• 1. Considered and approved re-appointment of Dr. Venkata Rama Subba Rao Velamuri (DIN: 06502798), as a Non-Executive Independent director of the company, for the further period of 5 years, subject to the approval of the shareholders of the Company at the ensuing general meeting. (Brief Profile attached herewith).
• 1. Considered and approved re-appointment of Dr. Rama Moondra (DIN: 01764539), as a Non-Executive Independent director of the company for the further period of 5 years, subject to the approval of the shareholders of the Company at the ensuing general meeting . (Brief Profile attached herewith).
• 1. Considered and accepted request for discontinuation as an Independent Director of the company of Mr. Anand A. Patel (DIN: 00002277), as per letter dated 15th March, 2022, for the next term. Therefore, he will be ceased to be an Independent Director of the company w.e.f. 16th March, 2022 (Detailed Letter dated 15th March, 2022, attached herewith)

www.devitpl.com | info@devitpl.com

Offices: Gujarat | Maharashtra | Rajasthan | Canada CIN: L30000GJ1997PLC033479

1. Due to cessation of Mr. Anand A. Patel (DIN: 00002277) w.e.f 16th March, 2022 his position in various committees of the Board of Directors of the Company have been vacated, accordingly Board has reconstituted following committees of the Board of Directors:

a. Audit Committee:

In place of ceased director Mr. Anand A. Patel, the Board has added Mr. Jatin Trivedi, Non-Executive Independent Director of the Company as the Member of the Audit Committee of the Company. Post his inclusion the composition of the Audit Committee is as below:

Audit Committee
Venkata Rama Subba Rao
Velamuri	Chairman
Rama Moondra	member
Jaimin J shah	member
Jatin Trivedi	member

b. Nomination and Remuneration Committee:

In places of ceased directors Mr. Anand A. Patel, the Board has added Mr. Jatin Trivedi, Non-Executive Independent Directors of the Company as the Members of the Nomination and Remuneration Committee of the Board of Directors of the Company. Post their inclusions the composition of the Nomination and Remuneration Committee is as below:

NRC
Venkata Rama Subba Rao
Velamuri	Chairman
Rama Moondra	member
Jatin Trivedi	member

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 / 53

www.devitpl.com | info@devitpl.com

Offices: Gujarat | Maharashtra | Rajasthan | Canada CIN: L30000GJ1997PLC033479

The meeting commenced at 04:30 P.M. and concluded at 05:53 P.M.

Kindly take the above information on your records. Thanking you,

On behalf of Board of Directors Dev Information Technology Limited

KRISA RUPALKUMAR PATEL

Digitally signed by KRISA RUPALKUMAR PATEL DN: c=IN, o=Personal, postalCode=380052, st=Gujarat, 2.5.4.20=d1c0aba8e31c18d21102a1dc7b6f28e8284d9 736481ffbf9aac932a2e380bf46, pseudonym=DB51E9393700C673574239D33EDA5A6E C04C6770, serialNumber=0D148FB642AD1A5177D6AC789F641CE 2A46A0172B9661A7716658794938A1AF0, cn=KRISA RUPALKUMAR PATEL Date: 2022.03.15 17:54:12 +05'30'

Krisa Patel (Company Secretary and Compliance Officer) Place: Ahmedabad

www.devitpl.com | info@devitpl.com

Offices: Gujarat | Maharashtra | Rajasthan | Canada CIN: L30000GJ1997PLC033479

Annexure – I: Particulars of above re-appointments of directors Independent Directors:

1. Dr. VENKATA RAMA SUBBA RAO VELAMURI (DIN: 06502798):

Date of Appointment &	Brief Profile	Relationship
Term of Appointment		between
		directors
Independent Non	Dr. Venkata Rama Subba Rao Velamuri is retired IAS Officer. He	N.A.
executive Director for a	has spent over 36 years in the Indian Administrative Service, 27 of
term of five consecutive	them in Gujarat.
years commencing from	He holds degrees of Master in Performing Arts (MPA), Bachelor of
16th March, 2022,	Laws (LLB), Master of Science (MSC), Master of Arts (MA) and
subject to the approval	Ph.D. He has served the state government in various senior
of shareholders in	positions as Secretary, Social Welfare, and as Additional Chief
ensuing general	Secretary Urban Development, Finance departments and lastly
meeting	the Home Department.
	Dr. Venkata Rama Subba Rao Velamuri has been an active member
	of the Board and the Board Committees of which he is a member.
	He brings independent judgement on the Board of the Company and his continued
	association will be valuable and positive. With his expertise, skills
	and knowledge, particularly in the field of finance and accounts,
	he articulates and provides his valuable guidance and inputs in all
	matters pertaining to the financial statements. Dr. Venkata Rama
	Subba Rao Velamuri is physically fit, mentally alert and is vocal at
	the Board and Committee meetings. He provides his independent
	view in board and committee deliberations.
	The Director is being exempted from clearing the Online
	Proficiency Self Assessment test for Independent Directors.

2. Dr. RAMA MOONDRA (DIN: 01764539)

Date of Appointment &	Brief Profile	Relationship
Term of Appointment		between
		directors
Independent Non	Dr. Rama Moondra holds a degree of Master in Business	N.A.
executive Director for a	Administration and M.S. in Psychotherapy. She also holds the Ph.D
term of five consecutive	Degree in Management (Entrepreneurship & Innovation). She is a
years commencing from	certified Coach from International Coach Federation and listed as
16th March, 2022,	Premium Educator with Harvard Business Publishing, she regularly
subject to the approval	contributes to Harvard case studies and surveys.
of shareholders in	The Director have also cleared the Online Proficiency Self
ensuing general	Assessment test for Independent Directors.
meeting

Cloud Computing | Date: March 15, 2022

From: Anand Anilbhai Patel 3, Adarsh Society, Highway Road, Mehsana —- 384002

To, The Board of Directors, Dev Information Technology Limited 14, Aaryans Corporate Park, Near Shilaj Railway Crossing, Thaltej-Shilaj Road, Thaltej, Ahmedabad - 380059

Dear Sir/s,

Subject: Discontinuation as an Independent Director from next term

Kindly note that my term of appointment as an Independent Director of the Company is getting completed on March 16, 2022 and I would not like to continue for next term of five years. There is no other reason for my discontinuation.

I wish to express my gratitude towards the Board of Directors of the Company.

I request the Board to relieve me from my position with effect from March 16, 2022. Please make arrangements to file necessary forms with the Registrar of the Company and intimation to the stock exchanges.

I wish the Company all the success in future endeavors.

Thanking you,

Yours sincerely,

Anand A. Patel DIN:00002277