AI assistant
DEV INFORMATION TECHNOLOGY LIMITED — Capital/Financing Update 2021
Aug 4, 2021
59295_rns_2021-08-04_77e7816a-1628-4eea-a0a2-b6d81f5e51a4.pdf
Capital/Financing Update
Open in viewerOpens in your device viewer
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
==> picture [75 x 83] intentionally omitted <==
Date: 04[th] August, 2021
To, The Manager‐Listing Department, The National Stock Exchange of India Limited, Exchange Plaza, Plot No. C/1, G‐Block, Bandra Kurla complex, Bandra East, Mumbai‐400 051
Trading Symbol: DEVIT (Series: SM)
Subject: Grant of Options under "Dev Information Technology Limited Employee Stock Option Plan ‐ 2018"
Dear Sir/Mam,
In terms of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations), we wish to inform that the Nomination Remuneration and Compensation Committee of Dev Information Technology Limited (“DEVIT”) has, in its meeting held on 04[th] August, 2021, granted stock options under "Dev Information Technology Limited Employee Stock Option Plan ‐ 2018, as per the details mentioned in Annexure “A”.
Kindly take this information on your records.
Thanking you,
On behalf of Board of Directors Dev Information Technology Limited
Digitally signed by KRISA RUPALKUMAR PATEL KRISA DN: c=IN, o=Personal, postalCode=380052, st=Gujarat, 2.5.4.20=d1c0aba8e31c18d21102a1dc7b6f28e RUPALKUMAR 8284d9736481ffbf9aac932a2e380bf46, serialNumber=0d148fb642ad1a5177d6ac789f6 41ce2a46a0172b9661a7716658794938a1af0, PATEL cn=KRISA RUPALKUMAR PATEL Date: 2021.08.04 16:07:42 +05'30' Krisa Patel Company Secretary and Compliance Officer Place: Ahmedabad Date: 04.08.2021
|
|
|
|
|
Enterprise Applications
Enterprise Mobility
Cloud Computing
Digital Services
Infrastructure Management
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
==> picture [75 x 83] intentionally omitted <==
Annexure A
| Annexure A | |||
|---|---|---|---|
| Sr.No. | Particulars | Dev Information TechnologyLimited Employee Stock Option Plan‐ 2018 | |
| 1. | Briefdetails ofstockoptions granted | Grant of 20,050 | stock options on August 04, 2021 |
| 2 | Total number of optionsgranted on August 04, 2020 | 20,050 | |
| 3 | Whether the scheme is intermsofSEBI(SBEB)Regulations, 2014 | Yes | |
| 4 | Total number of sharescovered by these stockoptions | 20,050 equity shares (Each stock option is convertible into one (1) equityshare of DEVIT having a face value of Rs. 10/‐ each) | |
| 5 | Exercise Price | Rs. 60/‐ per stock option(For 20,050 number of shares granted on August 04, 2021) | |
| 6 | Vesting Schedule | The Options shall vest as per the approval from Nomination, Remuneration andCompensation committee**.**As per the SEBI (Employee Share Based Payments)Regulations 2014 and the Companies Act 2013 read with the Dev InformationTechnology Limited Employee Stock Option Plan ‐ 2018, options granted aresubject to a minimum Vesting Period of 1 (One) year. | |
| 7 | Exercise Period | 45 (forty‐Five) days from the first vesting date | |
| 8 | Lock‐in provisions | Nil |
On behalf of Board of Directors Dev Information Technology Limited Digitally signed by KRISA RUPALKUMAR PATEL KRISA DN: c=IN, o=Personal, postalCode=380052, st=Gujarat, 2.5.4.20=d1c0aba8e31c18d21102a1dc7b6f28e8 RUPALKUMAR 284d9736481ffbf9aac932a2e380bf46, serialNumber=0d148fb642ad1a5177d6ac789f64 1ce2a46a0172b9661a7716658794938a1af0, PATEL cn=KRISA RUPALKUMAR PATEL Date: 2021.08.04 16:06:55 +05'30' Krisa Patel Company Secretary and Compliance Officer Place: Ahmedabad Date: 04.08.2021
| Infrastructure Management |
Enterprise Enterprise Applications | Mobility
Cloud Digital Computing | Services |
Licensing