Dev Information Technology has informed that the Board of Directors of Dev Information Technology (the ‘Company’) in its Meeting held on Thursday, 06th July, 2023 at 03:00 PM at the registered office of the company, discussed and approved following businesses: Considered and approved allotment of equity shares under ‘Dev Information Technology Limited Employee Stock Option Plan- 2018’. The Board at its meeting held today, has allotted 22,354 equity shares of face value of Rs 5 each to the eligible Employees of the Company who have exercised their stock options under ‘Dev Information Technology Limited Employee Stock Option Plan-2018’. These shares shall rank pari passu with the existing equity shares of the Company in all respects. In this allotment, none shares are allotted to the Director(s) of the Company. With this allotment, the paid-up capital of the Company has increased to Rs 11,07,04,070 divided into 2,21,40,814 equity shares of face value of Rs 5 each.
The above information is a part of company’s filings submitted to BSE.
