DEV INFORMATION TECHNOLOGY LIMITED — Capital/Financing Update 2025

Jul 2, 2025

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

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

Date: July 2[nd] , 2025

To,The Manager-Listing Department,The National Stock Exchange of IndiaLimited,Exchange Plaza, Plot No. C/1, G-Block,Bandra Kurla complex,Bandra East, Mumbai-400 051TradingSymbol: DEVIT	To,The Secretary,BSE LimitedPhiroze Jejeebhoy Towers,Dalal StreetMumbai -400001TradingSymbol: 543462

Subject: Press Release:

Ref.: Regulation 30 (Disclosure of event or information) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Dear Sir/Madam,

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 we are enclosing herewith the copy of the press release titled with “ Dev IT Secures Major ₹ 4.4 Cr IT Deal with Alivus Lifesciences”.

Kindly take the above information on your records.

Thanking you,

On behalf of Board of Directors DEV INFORMATION TECHNOLOGY LIMITED

Digitally signed by KRISA KAIRAV SHAH DN: c=IN, o=Personal, title=2582, KRISA KAIRAV pseudonym=CDCD7FC7D81194322A5D754479A99121, 2.5.4.20=85084771729dcbf53eeb59ca8816c302300d8440cb 27e3444c7c94d4181b4266, postalCode=380007, st=Gujarat, serialNumber=0D148FB642AD1A5177D6AC789F641CE2A46 A0172B9661A7716658794938A1AF0, cn=KRISA KAIRAV SHAH SHAH Date: 2025.07.02 12:27:29 +05'30'

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

Encl.: a/a

Managed IT Digital Enterprise | | | | Services Transformation Applications

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Cloud Services

Mobile Applications

Business | Applications

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DEV IT Secures Major ₹4.4 Cr IT Deal with Alivus Lifesciences

Mumbai – July 01, 2025 – Dev Information Technology Limited, (NSE – DEVIT, BSE - INE060X01026), a global IT services company providing Cloud Services, Digital Transformation, Enterprise Applications, and Managed IT Services, with products like Talligence and ByteSigner, has secured significant orders worth approximately ₹4.4 crore from Alivus Lifesciences Limited. The wins reflect DEVIT’s growing presence in the enterprise technology space and its ability to deliver value-driven IT solutions.

The engagement includes a significant order of ₹3.60 crore for Microsoft Select Plus perpetual licenses. While the licenses will be billed directly by the Licensing Solution Partner, DEVIT played a key advisory role in aligning Alivus Lifesciences’ IT infrastructure with the right Microsoft licensing model. This reinforces DEVIT’s capability in managing complex enterprise IT requirements and supporting clients in their digital transformation journeys.

DEVIT also secured a direct order of ₹80 lakh from Alivus Lifesciences for a suite of enterprise software solutions, including Microsoft, Zoho, Adobe, and TeamViewer products. This order highlights DEVIT’s ability to provide integrated, multi-product solutions tailored to specific business needs.

These developments further strengthen DEVIT’s positioning as a trusted IT partner, particularly in highgrowth sectors such as pharmaceuticals. The company continues to focus on enabling digital modernization through scalable solutions and a customer-centric approach.

Commenting on the performance, Mr. Pranav Pandya Founder & Chairman of Dev Information Technology Limited said, “This milestone reflects not just a business win, but the trust our clients place in our team’s ability to solve real-world challenges with the right technology. I’m proud of the effort and commitment shown by Yogesh, Julie, Sanjay, Himani, and Paritosh in driving this forward, and grateful for the steady support from Mr. Jaimin and Mr. Vishal behind the scenes.

We’re also seeing meaningful traction in the government sector, which adds further depth to our portfolio. It’s encouraging to see how our work is creating impact—whether in boardrooms or for public service platforms.

As we move ahead, we remain focused on building lasting relationships and delivering solutions that not only meet immediate needs but support long-term growth for our clients.”

About Dev Information Technology Limited

Dev Information Technology Limited (DEV IT), founded in 1997, listed on NSE & BSE, ISO 20000, ISO 27001, ISO 9001 & CMMi Lavel 3, has evolved from a small-scale business automation software solutions provider into a global IT services powerhouse. Over the years, the company has empowered businesses worldwide with a blend of information technology, innovation, and digital transformation. Headquartered in Ahmedabad, having its offices in multiple in India and also in Canada, the company emphasizes continuous innovation, quality, streamlined processes, and technological prowess. The company’s people and client-centric approach involves collaborating with clients globally to understand their specific goals and empower them to achieve their business objectives.

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The company offers a comprehensive end-to-end range of services, including Cloud Services, Digital Transformation, Enterprise Applications, Managed IT Services, and Application Development. The company’s products, comprises Talligence, an analytics platform, and ByteSigner, a digital signing solution.

With its foundation in one of India’s fastest-growing metros, the company has continuously evolved to meet the dynamic demands of the IT industry. The leadership, comprising experienced professionals, drives the company towards achieving its vision of empowering businesses worldwide through cuttingedge technology solutions. The company's steadfast commitment to innovation, quality, and client satisfaction underpins its growth and success in the IT services sector.

In conclusion, the company remains dedicated to driving digital transformation and delivering unparalleled value to its clients. As the company moves forward, it continues to embrace new challenges and opportunities, solidifying its position as a leader in the IT services sector.

In Consolidated FY25, the company reported Total Income of ₹ 1,839.09 Mn, EBITDA of ₹ 237.18 Mn and Net Profit of ₹ 147.80 Mn.

Disclaimer

Certain statements in this document that are not historical facts are forward looking statements. Such forward-looking statements are subject to certain risks and uncertainties like government actions, local, political or economic developments, technological risks, and many other factors that could cause actual results to differ materially from those contemplated by the relevant forward-looking statements. The Company will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.

For Further Information Please Contact Corporate Communication Advisor

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Kirin Advisors Private Limited Sunil Mudgal – Director sunil@kirinadvisors.com +91 98692 75849 www.kirinadvisors.com

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