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DEV INFORMATION TECHNOLOGY LIMITED — Capital/Financing Update 2023
Oct 31, 2023
59295_rns_2023-10-31_13569a0a-5b5f-422d-aca8-7e917ba3c3e4.pdf
Capital/Financing Update
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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 / 53www.devitpl.com | [email protected]
Offices: Gujarat | Maharashtra | Rajasthan | Canada CIN: L30000GJ1997PLC033479
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Date: 31[st] October, 2023
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: 543462 Trading Symbol: DEVIT
Subject: Corrigendum to intimation of Grant of Options under "Dev Information Technology Limited Employee Stock Option Plan - 2018"
Ref.: Intimation for Grant of Options under "Dev Information Technology Limited Employee Stock Option Plan - 2018", vide letter dated 26[th] October, 2023
Dear Sir/Mam,
With reference to our previous announcement dated 26[th] October, 2023 in terms of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations) with regards to Grant of Options under "Dev Information Technology Limited Employee Stock Option Plan - 2018", please consider revised “ Annexure “A” enclosed herewith for grant of option under "Dev Information Technology Limited Employee Stock Option Plan - 2018" .
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=d1c0aba8e31c18d21102a1dc7b6f28e8284d9736481ff bf9aac932a2e380bf46, pseudonym=DB51E9393700C673574239D33EDA5A6EC04C67 RUPALKUMAR 70, serialNumber=0D148FB642AD1A5177D6AC789F641CE2A46A0 172B9661A7716658794938A1AF0, cn=KRISA RUPALKUMAR PATEL PATEL Date: 2023.10.31 17:19:46 +05'30' Krisa Patel Company Secretary and Compliance Officer Place: Ahmedabad
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Cloud Services
Digital Transformation
Mobile Applications
Managed IT Services
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Reg. Office: 14, Aaryans Corporate Park, Near Shilaj Railway Crossing, Thaltej-Shilaj Road, Thaltej, Ahmedabad - 380 059. (INDIA) Phone: +91 94298 99852 / 53www.devitpl.com | [email protected]
Dev Information Technology Limited
Offices: Gujarat | Maharashtra | Rajasthan | Canada CIN: L30000GJ1997PLC033479
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Annexure A
| Sr. No. |
Particulars | Dev Information Technology Limited Employee Stock Option Plan- 2018 |
|
|---|---|---|---|
| 1. | Brief details of stock options granted |
Grant of 1,08,746 stock options on October 26, 2023 | |
| 2 | Total number of options granted on October 26, 2023 |
1,08,746 | |
| 3 | Whether the scheme is in terms of SEBI(SBEB) Regulations, 2014 |
Yes | |
| 4 | Total number of shares covered by these stock options |
1,08,746 equity shares (Each stock option is convertible into one (1) equity share of DEVIT having a face value of Rs. 05/- each) |
|
| 5 | Exercise Price | Rs. 99.48/- per stock option (For 1,08,746 number of sharesgranted on October 26,2023) |
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| 6 | Vesting Schedule | The Options shall vest as per the approval from Nomination, Remuneration and Compensation committee.As per the SEBI (Employee Share Based Payments) Regulations 2014 and the Companies Act 2013 read with the Dev Information Technology Limited Employee Stock Option Plan - 2018, options granted are subject to a minimum Vesting Period of 1 (One) year. |
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| 7 | Exercise Period | 45 (forty-Five) days from the first vesting date | |
| 8 | Lock-inprovisions | 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 284d9736481ffbf9aac932a2e380bf46, RUPALKUMA pseudonym=DB51E9393700C673574239D33EDA5A6EC04C6770, serialNumber=0D148FB642AD1A5177D6AC789 F641CE2A46A0172B9661A7716658794938A1AF R PATEL 0, cn=KRISA RUPALKUMAR PATEL Date: 2023.10.31 17:20:11 +05'30' Krisa Patel Company Secretary and Compliance Officer Place: Ahmedabad
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Enterprise Applications |
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Cloud Services
Digital Transformation
Mobile Applications
Managed IT Services
Business Applications
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