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DEV INFORMATION TECHNOLOGY LIMITED — Regulatory Filings 2026
Apr 1, 2026
59295_rns_2026-04-01_2f3327a2-9c4f-4d12-9664-3935e2d78c1c.pdf
Regulatory Filings
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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: 1[st] April, 2026
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,Bandra East, Mumbai -400001 Mumbai-400 051 Trading Symbol: 543462 Trading Symbol: DEVIT
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 “ Dev IT Strengthens Business Focus and Unlock the Value Through Transfer of ByteSIGNER and Talligence”.
Kindly take the above information on your records.
Thanking you,
On behalf of Board of Directors DEV INFORMATION TECHNOLOGY LIMITED
SHAH KRISA KAIRAV
Digitally signed by SHAH KRISA KAIRAV DN: c=IN, postalCode=380007, st=GUJARAT, street=5 ,DHARMISHTHA NAGAR SOCIETY ,AHMEDABAD,PALDI ,380007, l=AHMEDABAD, o=Personal, serialNumber=0d148fb642ad1a5177d6ac789f641ce2a46a0172b9661a771 6658794938a1af0, pseudonym=4f06fe3cae2b49e5bf0634c6d7548178, 2.5.4.20=85084771729dcbf53eeb59ca8816c302300d8440cb27e3444c7c94 d4181b4266, [email protected], cn=SHAH KRISA KAIRAV Date: 2026.04.01 18:17:47 +05'30'
Krisa Shah (Company Secretary and Compliance Officer) Place: Ahmedabad
Encl.: a/a
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Managed IT
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Enterprise Applications |
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Cloud Services
Digital | Transformation
Mobile Applications
Business Applications
Services
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Dev IT Strengthens Business Focus and Unlock the Value Through Transfer of ByteSIGNER and Talligence
Mumbai – April 01, 2026 – Dev Information Technology Limited (DEV IT), (NSE – DEVIT, BSE - 543462 |
INE060X01034), a global IT services company offering Cloud Services, Digital Transformation, Enterprise Applications and Managed IT Services, has announced that its Board of Directors has approved the transfer of its product businesses, ByteSIGNER and Talligence, to Byte Technosys Private Limited, an associate company.
This move refects the Company’s continued focus on sharpening its strategic direction and building a more eff i cient and focused operating structure.
Transaction Overview
The transaction involves a cash consideration of ₹11.90 Crore and is structured as a standalone slump sale, not pursuant to any merger or amalgamation. It is expected to be completed on or before September 30, 2026. The transaction qualifies as a related party transaction and is being executed on an arm’s length basis, supported by an independent valuation.
Byte Technosys Private Limited is engaged in IT infrastructure management services, including remote server monitoring, helpdesk support and other computer-related services, along with software development and IT consultancy. The entity is an associate company of DEV IT.
Strategic Rationale and Way Forward
go-to-market alignment, while enabling more effective resource allocation. It is expected to support margin improvement through cost efficiencies and strengthen oversight through a simplified structure. At the same time, it allows the product businesses to scale within a more focused environment, while enabling DEV IT to concentrate on its core capabilities and pursue long-term growth opportunities with greater agility and clarity. This marks a strategic realignment designed to unlock sustainable value for both entities.
Commenting on the Update, Dev Information Technology’s Management said: “This is a strategic step towards simplifying our structure and sharpening our focus on core business areas. By transferring ByteSIGNER and Talligence into a separate entity, we are creating a more focused environment for both businesses to grow, execute efficiently and scale in line with their respective opportunities."
About Dev Information Technology Limited
20000, ISO 27001, ISO 9001 & CMMI Level 5, 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, with offices across India and Canada, the company emphasises continuous innovation, quality, streamlined processes, and technological prowess. The company’s peopleand client-centric approach involves collaborating with clients globally to understand their specific goals and to empower them to achieve their business objectives.
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 comprise Talligence, an accounting data 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. www.devitpl.com
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 [email protected] +91 98692 75849 www.kirinadvisors.com
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