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 | [email protected]

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

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Date: September 11, 2021

To,

The General Manager,

National Stock Exchange of India Limited

Exchange Plaza, Plot No. C/1, G Block, Bandra‐ Kurla Complex, Bandra (E) Mumbai‐400051

Symbol: ‐ DEVIT

Respected Sir,

Subject: Outcome of Board Meeting held on September 11, 2021 pursuant to Regulation 30 and other applicable regulations of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015

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 September 11, 2021 at 03:00 P.M. and inter alia considered and approved the following which shall be subject to the approval of the shareholders of the Company and applicable regulatory authorities as the case may be:

a) Considered and approved the Increase in authorized share capital of the Company from existing Rs. 6,00,00,000/‐ (Rupees Six Crores only) divided into 60,00,000 (Sixty Lakhs) Equity Shares of face value Rs. 10/‐ each to Rs. 12,00,00,000/‐(Rupees Twelve Crore only) divided into 1,20,00,000 (One Crore Twenty Lakhs only) Equity Shares of face value Rs. 10/‐ each, subject to the shareholder’s approval.
b) Considered and approved the issue of bonus shares in the proportion of 1:1 that is 1 (One) bonus equity shares of Rs. 10/‐ each for every 1 (One) fully paid‐up equity shares held, as on the record date, subject to approval of shareholders of the Company. The record date for reckoning eligible shareholders entitled to receive bonus shares will be communicated later.

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Enterprise Applications

Licensing

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 | [email protected]

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

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c) Considered and approved the decision for Migration of Company from its current listing on NSE Emerge to Main Board of NSE of India Limited, subject to the approval of shareholders of the company.
d) Considered and approved the Notice of Postal Ballot for seeking member’s approval for the above subject matters.

The details as required under Listing Regulations read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 09, 2015 with respect to Issue of Bonus Shares is enclosed as Annexure A to this letter.

The board meeting was concluded at 03:50 P.M.

This is for your information and record

Thanking You

Yours faithfully,

For Dev Information Technology Limited

Digitally signed by KRISA RUPALKUMAR PATEL KRISA DN: c=IN, o=Personal, postalCode=380052, st=Gujarat, 2.5.4.20=d1c0aba8e31c18d21102a1dc7b6f28e8284d9 RUPALKUMAR 736481ffbf9aac932a2e380bf46, serialNumber=0d148fb642ad1a5177d6ac789f641ce2 a46a0172b9661a7716658794938a1af0, cn=KRISA PATEL RUPALKUMAR PATEL Date: 2021.09.11 15:51:43 +05'30' Krisa Patel

Company Secretary & Compliance Officer

Encl.: a/a.

| Enterprise Mobility

| Infrastructure Management |

ComputingCloud |

Digital Services |

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Enterprise Applications

Licensing

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