Meeting Details
- Meeting Date: September 30, 2026
- Meeting Time: 04:00 P.M.
- Meeting Type: 29th Annual General Meeting
- Meeting Mode: Video Conferencing (VC) or Other Audio-Visual Means (OAVM)
- Conclusion Time: 04:42 P.M.
- Chairman: Mr. Pranav Niranjan Pandya
Proposed Resolutions and Outcomes
The following 12 resolutions were proposed and approved during the AGM:
1. Approval of Audited Standalone Financial Statements and Audited Consolidated Financial Statements for FY ended March 31, 2026 together with Reports of Directors and Auditors
2. Declaration of dividend on equity shares at 5% (₹0.10 per share) for FY ended March 31, 2026
3. Re-appointment of Mr. Prerak Pradyumna Shah (DIN: 02805369) as Whole-time Director
4. Appointment of Mr. Jayesh Madhusudan Dave (DIN: 01932331) as Non-executive, Non-independent, Nominee Director
5. Appointment of Ms. Bhawika Ogra (DIN: 00508505) as Non-executive, Independent Director
6. Approval of material related party transaction between Company and Dev Info-Tech North America Limited (Subsidiary)
7. Approval of material related party transaction between Dev Info-Tech North America Limited and Dhyey Consulting Services Private Limited (Subsidiary)
8. Approval of material related party transaction between Dev Info-Tech North America Limited and Dynamics Stars LLC (Step-down subsidiary)
9. Approval of Material Related Party Transaction between Dev Information Technology Limited and XDuce Corporation
10. Approval of Material Related Party Transaction between Dev Information Technology Limited and Dynamics Stars LLC (Step-down subsidiary)
11. Approval of Material Related Party Transaction between Dev Information Technology Limited and Dhyey Consulting Services Private Limited (Subsidiary)
12. Approval of Material Related Party Transaction between Dev Information Technology Limited and Byte Technosys Private Limited (Associate)
Voting Process and Methods
The voting process included:
- Remote e-voting facility provided to members prior to the meeting
- E-voting portal remained open for 15 minutes post-conclusion of AGM for members who hadn't voted remotely
- All votes cast through e-voting were to be checked by the scrutinizer
- The scrutinizer's report on voting through remote e-voting was to be submitted to stock exchanges in due course
Compliance and Disclosure Requirements
- Voting results of 29th AGM to be submitted to stock exchanges
- Results to be uploaded on company's official website (www.devitpl.com)
- Results to be placed at the registered office of the Company
Meeting Proceedings
The Company Secretary and Compliance Officer welcomed members and introduced Directors and invitees. After confirmation of quorum, the Chairman called the meeting to order and acquainted members with the statement of affairs. The Notice of meeting along with Director's Report, Auditor's Report and Management Discussion Report were taken as read. Three shareholders asked questions during the Q&A session, with replies provided by Mr. Jaimin J. Shah (Managing Director).
Signatories and Contact Information
- Date: September 30, 2026
- Place: Ahmedabad