DEV INFORMATION TECHNOLOGY LIMITED — Major Shareholding Notification 2024

Jun 14, 2024

Date:- June 04th, 2024

To,	To,
The Manager-Listing Department,	The Secretary,
The National Stock Exchange of India Limited,	BSE Limited
Exchange Plaza, Plot No. C/1, G-Block,	Phiroze Jejeebhoy Towers,
Bandra Kurla complex,	Dalal Street
Bandra East,	Mumbai -400001
Mumbai-400 051
Trading Symbol: DEVIT	Trading Symbol: 543462

Dear Sir/Madam,

Sub: Intimation under Regulation 10(6) for an Inter-se transfer amongst immediate relatives under Regulation 10(1)(a)(i) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

Please find attached intimation under Regulation 10(6) in respect of acquisition of shares of M/s Dev Information Technology Limited under Regulation 10(1)(a)(i) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

This is for your information and records.

Thanking you.

Signature For and on Behalf of LT-1 Inc (Acquirer)

Date: 04.06.2024 Place: USA

Encl: a/a

CC: Company Secretary & Compliance Officer Dev Information Technology Limited 14, Aaryans Corporate Park, Nr. Shilaj Railway Crossing, Thaltej Ahmedabad, Gujarat 380059.

Format for Disclosures under Regulation 10(6) -Report to Stock Exchanges in respect of any acquisition made in reliance upon exemption provided for in Regulation 10 of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

1.	Name of the Target Company (TC)	Dev Information Technology Limited
2.	Name of the acquirer(s)	LT1-INC 1.
3.	Name of the stock exchange where shares of the TC are listed	National Stock Exchange of India Ltd. Bombay Stock Exchange Limited (BSE)
4.	Details of the transaction including rationale, if any, for the transfer/acquisition of shares.	Inter-se transfer of shares among the promoter & promoter group by way of Execution of SPA
5.	Relevant regulation under which the acquirer is exempted from making open offer.	10(1)(a)(i)
6.	Whether disclosure of proposed acquisition was required to be made under regulation 10 $(5)$ and if so, whether disclosure was made and whether it was made within the timeline specified	Yes Yes
	under the regulations. date of filing with the stock exchange.	April 19, 2024
7.	Details of acquisition	Disclosures required to be made under regulation 10(5)	Whether the disclosures under regulation 10(5) are actually made
	a. Name of the transferor / seller	Amisha Jaymin Shah	Yes
	b. Date of acquisition	03rd June, 2024	Yes disclosure was made on April 19, 2024; actual acquisition made on 03rd June, 2024
	c. Number of shares/ voting rights in respect acquisitions оf the from each person mentioned in 7(a) above	As per Annexure I	As per Annexure I
	d. Total shares proposed to be acquired / actually acquired as a % of diluted share capital of TC	960 shares constituting 0.004% of total share capital of the TC	960 shares constituting 0.004% of total share capital of the TC
	e. Price at which shares are proposed to be acquired / actually acquired	Inter-se transfer of shares among the promoter & promoter group by way of Execution of SPA and in accordance with clause of SPA transfer of 960 share @ Rs. 134.50	Inter-se transfer of shares among the promoter & promoter group by way of Execution of SPA
8.	Shareholding details	Pre-Transaction	Post-Transaction

		No. of shares held	% w.r.t total share capital of TC	No. of shares held	% w.r.t total share capital of TC
a. Each Acquirer / Transferee(*) 1. LT-1 Inc.	Total	848030 848030	3.8313 3.8313	848990 848990	3.8356 3.8356
b. Each Seller / Transferor 1. Amisha Jayminbhai Shah		3446000	15.568	3445040	15.533

Note:

• . (*) Shareholding of each entity shall be shown separately and then collectively in a group.
• The above disclosure shall be signed by the acquirer mentioning date & place. In case, there $\bullet$ is more than one acquirer, the report shall be signed either by all the persons or by a person duly authorized to do so on behalf of all the acquirers.

Signature

For and on Behalf of LT-1 Inc (Acquirer)

Date: 04.06.2024 Place: USA

Annexure I

Sr. No.	Name of the seller/ transferor	Name of acquirer/ transferee	Disclosure made under regulation 10(5)		Actual transaction
	(Donor)	(Donee)	Maximu m no. of shares of TC to be acquired	Percentag e of total shares of TC (%)	No. of shares of TC acquir ed	Perce ntage of total shares of TC (%)	Price (Rs.)
1.	Amisha Jayminbhai Shah	$LT-1$ Inc.	960	0.004	960	0.004	Inter-se transfer of shares among the promoter & promoter group by way of Execution of SPA and in accordance with clause of SPA transfer of 960 share @ Rs. 134.50
	Total		960	0.004	960	0.004

7 ⋍ Signature

For and on Behalf of LT-1 Inc (Acquirer)

Date: 04.06.2024 Place: USA