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DEV INFORMATION TECHNOLOGY LIMITED — Capital/Financing Update 2025
Oct 18, 2025
59295_rns_2025-10-18_dee32662-8a4a-4b31-9505-481f3a4a1bed.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 / 53
www.devitpl.com | [email protected]
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Offices: Gujarat | Maharashtra | Rajasthan | Canada CIN: L30000GJ1997PLC033479
Date: 18.10.2025
| 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-400051 TradingSymbol: DEVIT |
To, The Secretary, BSE Limited Phiroze Jejeebhoy Towers, Dalal Street Mumbai -400001 TradingSymbol: 543462 |
|---|---|
Dear Sir/Mam,
Subject: Outcome of Board Meeting held on Saturday, October 18, 2025: Ref.: Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
We would like to inform you that the Board of Directors in its meeting held on Saturday, October 18, 2025, commenced at 10:15 A.M., has inter alia considered and approved the following businesses:
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Raising of funds through issuance of up to 1,50,00,000 (One Crore Fifty Lakhs) warrants convertible into 1,50,00,000 Equity Shares of Face Value of Rs. 2/- each at a price of Rs. 45.45/- per Warrant aggregating to Rs. 681.75 Lakhs to Aeroflex Enterprises Limited, Non- Promoter, on a preferential basis in accordance with Chapter V of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 ("SEBI ICDR Regulations”), subject to the approval of regulatory/ statutory authorities and the shareholders of the Company at the ensuing ExtraOrdinary General Meeting and such other permissions, sanctions and statutory approvals, as may be required.
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Convening of Extra-Ordinary General Meeting (EGM) of the shareholders of the Company on Tuesday, November 18, 2025, through video conferencing or other audio-visual means, for seeking necessary approval of the Members for the aforesaid matter.
Details as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. SEBI/HO/CFD/CFD- PoD-1/P/CIR/2023/123 dated July 13, 2023 is enclosed as Annexure A.
The Board Meeting Concluded at 11:05 A.M.
Kindly take this information on your records.
Thanking you,
On behalf of Board of Directors DEV INFORMATION TECHNOLOGY LIMITED
KRISA
KAIRAV SHAH
Digitally signed by KRISA KAIRAV SHAH DN: c=IN, o=Personal, title=2582, pseudonym=CDCD7FC7D81194322A5D754479A99121, 2.5.4.20=85084771729dcbf53eeb59ca8816c302300d8440c b27e3444c7c94d4181b4266, postalCode=380007, st=Gujarat, serialNumber=0D148FB642AD1A5177D6AC789F641CE2A4 6A0172B9661A7716658794938A1AF0, cn=KRISA KAIRAV SHAH Date: 2025.10.18 12:59:20 +05'30'
Krisa Shah
Company Secretary & Compliance Officer Place: Ahmedabad
Encl: a/a
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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 | [email protected]
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Offices: Gujarat | Maharashtra | Rajasthan | Canada CIN: L30000GJ1997PLC033479
ANNEXURE A
The details as required to be disclosed under Regulation 30 read with SEBI Circular dated July 13, 2023:s
| Sr No | Particulars | Details |
|---|---|---|
| 1 | Type of securities proposed to be issued (viz. equity shares,convertibles,etc. |
Convertible Warrants |
| 2 | Type of issuance (further public offering, rights issue, depository receipts (ADR/GDR), qualified institutions placement, preferential allotment etc.) |
Preferential Issue |
| 3 | Total number of securities proposed to be issued or the total amount for which the securities will be issued (approximately) |
Upto 1,50,00,000 (One Crore Fifty Lakh Only) Convertible Warrants |
| In case of preferential issue, the listed entity shall disclose the following additional details to the stock exchange(s): |
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| A | Number of Proposed Allottee(s) |
01 (One) |
| B | Names of the Proposed Allotee(s) |
M/s. Aeroflex Enterprises Limited |
| C | Issue price for preferential allotment |
Rs. 45.45/- per warrant |
| D | Post allotment of securities- outcome of the subscription, issue price allotted price (in case of convertibles), number of investors |
Not Applicable |
| E | In case of convertibles - intimation on conversion of securities or on lapse of the tenure of the instrument; |
Presently, it is issuance of convertible warrants hence not appliacable |
| F | Any cancellation or termination of proposal for issuance of securities includingreasons thereof |
Not Applicable |
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