DEV INFORMATION TECHNOLOGY LIMITED — Capital/Financing Update 2022

May 26, 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

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Date: 26[th] May, 2022

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	To, The Secretary, BSE Limited Phiroze Jejeebhoy Towers, Dalal Street Mumbai -400001 Trading Symbol: 543462

Subject: Intimation with regards to “DEV IT bags order”, pursuant to Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015

Dear Sir/Madam,

Pursuant to regulation 30(4) of the SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015, we are pleased to announce that DEV INFORMATION TECHNOLOGY LTD (DEV IT) bags order worth Rs. 7.00 crore to upgrade the multiple servers with latest Operating system software and Relational Database Management System software.

Last mile impact with this upgradation activity will result into quite a few Government department and citizen to get the information processed effectively and quickly along with additional data security.

Kindly take the note of above information on record and oblige.

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=d1c0aba8e31c18d21102a1dc7b6f28e8284d973 6481ffbf9aac932a2e380bf46, pseudonym=DB51E9393700C673574239D33EDA5A6EC0 RUPALKUMAR 4C6770, serialNumber=0D148FB642AD1A5177D6AC789F641CE2 A46A0172B9661A7716658794938A1AF0, cn=KRISA PATEL RUPALKUMAR PATEL Date: 2022.05.26 18:54:49 +05'30'

Krisa Patel

(Company Secretary and Compliance Officer) Place: Ahmedabad

| Enterprise Mobility | Infrastructure Management | Computing Cloud |

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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

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Annexure:1:

a) name of the entity awarding the order(s)/contract(s); -- Rajcom Info Services Ltd

b) significant terms and conditions of order(s)/contract(s) awarded in brief; - DEVIT receives order for upgradation of multiple servers with latest Operating system software and Relational Database Management System software.

c) whether order(s) / contract(s) have been awarded by domestic/ international entity; -- National entity

d) nature of order(s) / contract(s); -- Fixed cost

e) whether domestic or international; - domestic

f) time period by which the order(s)/contract(s) is to be executed; - approximately – 2 months

g) broad consideration or size of the order(s)/contract(s); - approx. INR 7Crore

h) whether the promoter/ promoter group / group companies have any interest in the entity that awarded the order(s)/contract(s)? If yes, nature of interest and details thereof; - NO

i) whether the order(s)/contract(s) would fall within related party transactions? If yes, whether the same is done at “arms length”.

-NO does not fall with related party transactions

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=d1c0aba8e31c18d21102a1dc7b6f28e8284d9736481ff bf9aac932a2e380bf46, pseudonym=DB51E9393700C673574239D33EDA5A6EC04C67 RUPALKUMAR 70, serialNumber=0D148FB642AD1A5177D6AC789F641CE2A46A0 172B9661A7716658794938A1AF0, cn=KRISA RUPALKUMAR PATEL PATEL Date: 2022.05.26 18:55:39 +05'30'

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

| Enterprise Mobility | Infrastructure Management

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Cloud Computing

Digital Services |

Enterprise Applications

Licensing