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DEV INFORMATION TECHNOLOGY LIMITED — Regulatory Filings 2026
May 30, 2026
59295_rns_2026-05-30_58403072-e564-4ff1-ac17-e8d9d59644e3.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]
Offices: Gujarat | Maharashtra | Rajasthan | Canada
CIN: L30000GJ1997PLC033479
DEV IT Simplified
Date: 30th May, 2026.
| 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-400 051
Trading Symbol: DEVIT | To,
The Secretary,
BSE Limited
Phiroze Jejeebhoy Towers,
Dalal Street
Mumbai -400001
Trading Symbol: 543462 |
| --- | --- |
Dear Sir/Madam,
Subject: Secretarial Compliance Report for the year ended on 31st March, 2026:
With reference to Regulation 24A (2) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith ‘Secretarial Compliance Report for the year ended on 31st March, 2026 furnished by a Practising Company Secretary, M/s. Murtuza Mandorwala & Associates dated 29th May, 2026.
Kindly take this information on your records.
Thanking You.
Yours Faithfully,
For, Dev Information Technology Limited,
SHAH KRISA KAIRAV
Krisa Shah,
(Company Secretary & Compliance Officer)
Encl.: a/a.
Cloud Services
Managed IT Services
Digital Transformation
Enterprise Applications
Business Applications
Mobile Applications
MURTUZA MANDORWALA & ASSOCIATES
Practicing Company Secretaries
CS MURTUZA MANDOR
(CS, M.com, LLB, DLP)
Secretarial Compliance Report of
Dev Information Technology Limited
For the Financial Year Ended 31st March, 2026
[Pursuant to Regulation 24A of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015]
I, Murtuza Kaizarbhai Mandorwala, Proprietor of Murtuza Mandorwala & Associates, Practicing Company Secretaries, have examined:
(a) All the documents and records made available to us and the explanation provided by DEV INFORMATION TECHNOLOGY LIMITED CIN L30000GJ1997PLC033479 and having registered office at 14, Aaryans Corporate Park Nr. Shilaj Railway Crossing, Thaltej Ahmedabad GJ 380059 hereinafter referred to as “the listed entity”
(b) the filings/ submissions made by the listed entity to the stock exchanges,
(c) website of the listed entity,
(d) any other document/ filing, as may be relevant, which has been relied upon to make this certification, for the year ended 31st March, 2026 (“Review Period”) in respect of compliance with the provisions of:
(a) the Securities and Exchange Board of India Act, 1992 (“SEBI Act”) and the Regulations, circulars, guidelines issued thereunder; and
(b) the Securities Contracts (Regulation) Act, 1956 (“SCRA”), rules made thereunder and the Regulations, circulars, guidelines issued thereunder by the Securities and Exchange Board of India (“SEBI”);
The specific Regulations, whose provisions and the circulars/ guidelines issued thereunder, have been examined, include: -
(a) Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015;
(b) Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018;
(c) Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011;
B-503, Sivanta One, Pritamnagar Cross Road,
Near V.S Hospital, Ellisbridge, Ahmedabad - 380006
079 3560 6563
[email protected]
+91 6352255699
[email protected]
www.csmkmurtuza.com
A Satisfied Client Is The Best Business Strategy Of Ours
M
MURTUZA MANDORWALA & ASSOCIATES
Practicing Company Secretaries
CS MURTUZA MANDOR
(CS, M.com, LLB, DLP)
(d) Securities and Exchange Board of India (Buyback of Securities) Regulations, 2018; Not applicable to the Company during the Reporting Period
(e) Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021; -
(f) Securities and Exchange Board of India (Issue and Listing of Debt Securities) Regulations, 2008; Not applicable to the Company during the Reporting Period
(g) Securities and Exchange Board of India (Issue and Listing of Non-Convertible Securities) Regulations, 2021; Not applicable to the Company during the Reporting Period
(h) Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015;
(i) SEBI (Depositories and Participants) Regulations, 2018;
and circulars/ guidelines issued thereunder;
I/We hereby report that, during the Review Period the compliance status of the listed entity is appended as below:
| Sr. No | Particulars | Compliance Status (Yes/No/NA) | Observations /Remarks by PCS* |
|---|---|---|---|
| 1. | Secretarial Standards: | ||
| The compliances of the listed entity are in accordance with the applicable Secretarial Standards (SS) issued by the Institute of Company Secretaries India (ICSI), as notified by the Central Government under section 118(10) of the Companies Act, 2013 and mandatorily applicable. | Yes | Complied |
B-503, Sivanta One, Pritamnagar Cross Road,
Near V.S Hospital, Ellisbridge, Ahmedabad - 380006
079 3560 6563
+91 6352255699
www.csmkmurtuza.com
A Satisfied Client Is The Best Business Strategy Of Ours
M
MURTUZA MANDORWALA & ASSOCIATES
Practicing Company Secretaries
CS MURTUZA MANDOR
(CS, M.com, LLB, DLP)
| 2. | Adoption and timely Updating of the Policies: • All applicable policies under SEBI Regulations are adopted with the approval of board of directors of the listed entities • All the policies are in conformity with SEBI Regulations and have been reviewed & updated on time, as per the regulations/circulars/guidelines issued by SEBI | Yes | Complied |
|---|---|---|---|
| 3. | Maintenance and disclosures on Website: • The Listed entity is maintaining a functional website • Timely dissemination of the documents/ information under a separate section on the website • Web-links provided in annual corporate governance reports under Regulation 27(2) are accurate and specific which re- directs to the relevant document(s)/section of the website | Yes | Complied |
| 4. | Disqualification of Director: None of the Director(s) of the Company is/ are disqualified under Section 164 of Companies Act, 2013 as confirmed by the listed entity. | Yes | Complied |
B-503, Sivanta One, Pritamnagar Cross Road,
Near V.S Hospital, Ellisbridge, Ahmedabad - 380006
079 3560 6563
www.csmkmurtuza.com
+91 6352255699
A Satisfied Client Is The Best Business Strategy Of Ours
M
MURTUZA MANDORWALA & ASSOCIATES
Practicing Company Secretaries
CS MURTUZA MANDOR
(CS, M.com, LLB, DLP)
| 5. | Details related to Subsidiaries of listed entities have been examined w.r.t.: (a) Identification of material subsidiary companies (b) Disclosure requirement of material as well as other subsidiaries | Yes | Company has Four subsidiary i.e 1. Dhye y Consulting Services private Limited - Material Subsidiary 2. Minddefft Technologies Private Limited - Subsidiary 3. Dynamic Stars LLC - Step Down Subsidiary 4. Dev Infotech North America Limited - Subsidiary Company has Two Associates in F.Y 2025-206 i.e 1. Dev Accelerator Limited (Upto September 17, 2025) 2. Byte Technosys Private Limited (w.e.f March 27, 2026) - Associates |
|---|---|---|---|
| 6 | Preservation of Documents: The listed entity is preserving and maintaining records as prescribed under SEBI Regulations and disposal of records as per Policy of Preservation of Documents and Archival policy prescribed under SEBI LODR Regulations, 2015. | Yes | Complied |
B-503, Sivanta One, Pritamnagar Cross Road,
Near V.S Hospital, Ellisbridge, Ahmedabad - 380006
079 3560 6563
+91 6352255699
www.csmkmurtuza.com
A Satisfied Client Is The Best Business Strategy Of Ours
M
MURTUZA MANDORWALA & ASSOCIATES
Practicing Company Secretaries
CS MURTUZA MANDOR
(CS, M.com, LLB, DLP)
| 7 | Performance Evaluation: The listed entity has conducted performance evaluation of the Board, Independent Directors and the Committees at the start of every financial year/during the financial year as prescribed in SEBI Regulations. | Yes | Complied |
|---|---|---|---|
| 8 | Related Party Transactions: (a) The listed entity has obtained prior approval of Audit Committee for all related party transactions; or (b) The listed entity has provided detailed reasons along with confirmation whether the transactions were subsequently approved/ratified/rejected by the Audit Committee, in case no prior approval has been obtained. | Yes | Complied |
| 9 | Disclosure of events or information: The listed entity has provided all the required disclosure(s) under Regulation 30 along with Schedule III of SEBI LODR Regulations, 2015 within the time limits prescribed thereunder. | Yes | Complied |
| 10 | Prohibition of Insider Trading: The listed entity is in compliance with Regulation 3(5) & 3(6) SEBI (Prohibition of Insider Trading) Regulations, 2015. | Yes | Complied |
| 11 | Actions taken by SEBI or Stock Exchange(s), if any: No action(s) has been taken against the listed entity/ its promoters/ | No | Complied |
Bear V.S Hospital, Ellisbridge, Ahmedabad - 380006
+91 6352255699
www.csmkmurtuza.com
A Satisfied Client Is The Best Business Strategy Of Ours
I
MURTUZA MANDORWALA & ASSOCIATES
Practicing Company Secretaries
CS MURTUZA MANDOR
(CS, M.com, LLB, DLP)
| directors/ subsidiaries either by SEBI or by Stock Exchanges (including under the Standard Operating Procedures issued by SEBI through various circulars) under SEBI Regulations and circulars/ guidelines issued thereunder except as provided under separate paragraph herein. | |||
|---|---|---|---|
| 12. | Additional Non-compliances, if any: | N. A | There were No such Transactions during the Review period |
Compliances related to resignation of statutory auditors from listed entities and their material subsidiaries as per SEBI Circular CIR/CFD/CMD1/114/2019 dated 18th October, 2019:
| Sr. No. | Particulars | Compliance Status (Yes/No/NA) | Observations/Remarks by PCS |
|---|---|---|---|
| 1. | Compliances with the following conditions while appointing/re-appointing an auditor | ||
| i. If the auditor has resigned within 45 days from the end of a quarter of a financial year, the auditor before such resignation, has issued the limited review/ audit report for such quarter; or | |||
| ii. If the auditor has resigned after 45 days from the end of a quarter of a financial year, the auditor before such resignation, has issued the limited review/ audit report for such quarter as well as the next quarter; or | |||
| iii. If the auditor has signed the limited review/ audit report for the first three quarters of a financial year, the auditor before such resignation, | N.A | The current Statutory Auditor of the company M/s Rinkesh Shah & Co., Chartered Accountants, Ahmedabad, (FRN No. 129690W) was appointed as statuary Auditor of the Company for a period of 5 year, to hold office from the conclusion of 28th Annual General |
B-503, Sivanta One, Pritamnagar Cross Road, 079 3560 6563
Near V.S Hospital, Ellsbridge, Ahmedabad - 380006
e-mail: [email protected]
[email protected]
www.csmkmurtuza.com
A Satisfied Client Is The Best Business Strategy Of Ours
IMA
MURTUZA MANDORWALA & ASSOCIATES
Practicing Company Secretaries
CS MURTUZA MANDOR
(CS, M.com, LLB, DLP)
| has issued the limited review/ audit report for the last quarter of such financial year as well as the audit report for such financial year. | Meeting (AGM) till the conclusion of the 33rd Annual General Meeting of the Company for the year ending 31st March, 2030 i.e. for the year 2025-26 to 2029-30. | ||
|---|---|---|---|
| 2. | Other conditions relating to resignation of statutory auditor | ||
| i. Reporting of concerns by Auditor with respect to the listed entity/its material subsidiary to the Audit Committee: | |||
| a. In case of any concern with the management of the listed entity/material subsidiary such as non-availability of information / non-cooperation by the management which has hampered the audit process, the auditor has approached the Chairman of the Audit Committee of the listed entity and the Audit Committee shall receive such concern directly and immediately without specifically waiting for the quarterly Audit Committee meetings. | |||
| b. In case the auditor proposes to resign, all concerns with respect to the proposed resignation, along with relevant documents has been brought to the notice of the Audit Committee. In cases where the proposed resignation is due to | N.A | During the Year under review Auditor has not resigned |
B-503, Sivanta One, Pritamnagar Cross Road, 079 3560 6563
Naur 1234567890
[email protected]
@[email protected]
Wear V.S Hospital, Ellisbridge, Ahmedabad - 380006
+91 6352255699
www.csmkmurtuza.com
A Satisfied Client Is The Best Business Strategy Of Ours
M
MURTUZA MANDORWALA & ASSOCIATES
Practicing Company Secretaries
CS MURTUZA MANDOR
(CS, M.com, LLB, DLP)
| | non-receipt of information / explanation from the company, the auditor has informed the Audit Committee the details of information/explanation sought and not provided by the management, as applicable.
c. The Audit Committee / Board of Directors, as the case may be, deliberated on the matter on receipt of such information from the auditor relating to the proposal to resign as mentioned above and communicate its views to the management and the auditor.
ii. Disclaimer in case of non-receipt of information:
The auditor has provided an appropriate disclaimer in its audit report, which is in accordance with the Standards of Auditing as specified by ICAI / NFRA, in case where the listed entity/ its material subsidiary has not provided information as required by the auditor. | N.A | During the Year under review Auditor has not resigned |
| --- | --- | --- | --- |
| 3. | The listed entity / its material subsidiary has obtained information from the Auditor upon resignation, in the format as specified in Annexure- A in SEBI Circular CIR/ CFD/CMD1/114/2019 dated 18th October, 2019. | N.A | During the Year under review Auditor has not resigned |
(**) The listed entity has complied with the provisions of the above Regulations and circulars/ guidelines issued thereunder, except in respect of matters specified below:
B-503, Sivanta One, Pritamnagar Cross Road,
Near V.S Hospital, Ellisbridge, Ahmedabad - 380006
www.csmkmurtuza.com
079 3560 6563
+91 6352255699
A Satisfied Client Is The Best Business Strategy Of Ours
M
MURTUZA MANDORWALA & ASSOCIATES
Practicing Company Secretaries
CS MURTUZA MANDOR
(CS, M.com, LLB, DLP)
| Sr. No. | Compliance Requirement (Regulations/ circulars/ guide- lines including specific clause) | Regulation/ Circular No. | Deviations | Action Taken by | Type of Action | Details of Violation | Fine Amount | Observations/ Remarks of the Practicing Company Secretary | Management Response | Re- marks |
|---|---|---|---|---|---|---|---|---|---|---|
| N. A | N. A | N. A | N. A | N. A | N. A | N. A | N. A | N. A | N. A | N. A |
(a) The listed entity has taken the following actions to comply with the observations made in previous reports:
| Sr. No. | Compliance Requirement (Regu- lations/ circulars/ guide- lines including specific clause) | Regu- lation/ Circular No. | Deviations | Action Taken by | Type of Action | Details of Violation | Fine Amount | Observations/ Remarks of the Practicing Company Secretary | Management Response | Re- marks |
|---|---|---|---|---|---|---|---|---|---|---|
| The Observation mentioned in previous Secretarial compliance report was taken care of during that reporting period only |
IMA
MURTUZA MANDORWALA & ASSOCIATES
Practicing Company Secretaries
CS MURTUZA MANDOR
(CS, M.com, LLB, DLP)
For, Murtuza Mandorwala & Associates
Practicing Company Secretary
MANDORWA
LA MURTUZA
KAIZARBHAI
TRAFFIC INSTITUTE OF PRACTICE AND FINANCE
P.O. BOX 20000, KARATI, IN THE U.S.A. 20000-0000
TEL: 01-800-0000 FAX: 01-800-1300-1300
E-MAIL: 0800-01123228000 FAX: 0800-00112328000
E-MAIL: 0800-01123228001 FAX: 0800-00112328010
MANDORWA
LA MURTUZA
KAIZARBHAI
CIS MURTUZA MANDOR
M. NO. : F10745
C. P. NO : 14284
PLACE : Ahmedabad
DATE : 29th May, 2026
UDIN : F010745H000542045
P.R. No : 1615/2021
This report is to be read with our letter of even date which is annexed as Annexure A and forms an integral part of this report.
B-503, Sivanta One, Pritamnagar Cross Road,
Near V.S Hospital, Ellisbridge, Ahmedabad - 380006
079 3560 6563
079 6352255699
[email protected]
[email protected]
www.csmkmurtuza.com
A Satisfied Client Is The Best Business Strategy Of Ours
MURTUZA MANDORWALA & ASSOCIATES
Practicing Company Secretaries
CS MURTUZA MANDOR
(CS, M.com, LLB, DLP)
'Annexure A'
To,
The Members
DEV INFORMATION TECHNOLOGY LIMITED
Our Secretarial Compliance Report of even date is to be read along with this letter.
Management’s Responsibility
It is the responsibility of the management of the Company to maintain secretarial records, devise proper systems to ensure compliance with the provisions of all applicable laws and regulations and to ensure that the systems are adequate and operate effectively.
Auditor’s Responsibility
Our responsibility is to express an opinion on these secretarial records, standards and procedures followed by the Company with respect to secretarial compliances.
We believe that audit evidence and information obtain from the Company’s management is adequate and appropriate for us to provide a basis for our opinion.
Wherever required, we have obtained the management representation about the compliance of laws, rules and regulations and happening of events etc.
Assumptions & Limitation of Scope and Review:
Compliance of the applicable laws and ensuring the authenticity of documents and information furnished, are the responsibilities of the management of the listed entity.
Our responsibility is to report based upon our examination of relevant documents and information. This is neither an audit nor an expression of opinion.
We have not verified the correctness and appropriateness of financial Records and Books of Accounts of the listed entity.
B-503, Sivanta One, Pritamnagar Cross Road,
Near V.S Hospital, Ellisbridge, Ahmedabad - 380006
079 3560 6563
[email protected]
+91 6352255699
[email protected]
www.csmkmurtuza.com
A Satisfied Client Is The Best Business Strategy Of Ours
IMA
MURTUZA MANDORWALA & ASSOCIATES
Practicing Company Secretaries
CS MURTUZA MANDOR
(CS, M.com, LLB, DLP)
Disclaimer.
The Secretarial Compliance Report is neither an assurance as to the future viability of the company nor of the efficacy or effectiveness with which the management has conducted the affairs of the Company.
For, Murtuza Mandorwala & Associates
Practicing Company Secretary
MANDORWA
LA MURTUZA
KAIZARBHAI
CS Murtuza Mandor
M. NO. : F10745
C. P. NO : 14284
PLACE : Ahmedabad
DATE : 29th May, 2026
P.R. No : 1615/2021
B-503, Sivanta One, Pritamnagar Cross Road,
Near V.S Hospital, Ellisbridge, Ahmedabad - 380006
www.csmkmurtuza.com
079 3560 6563
+91 6352255699
[email protected]
[email protected]
A Satisfied Client Is The Best Business Strategy Of Ours