Dev Information Technology hosts investor meet on Sep 24

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Reviewed by
Ashish TScanX News Team
Key Highlights
  • Dev Information Technology hosts virtual investor meet on September 24, 2026
  • Session begins at 2:00 pm and is organized by Kirin Advisors
  • Discussions limited to publicly available information only
  • No unpublished price-sensitive information (UPSI) to be shared
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Dev Information Technology Limited announced a virtual investor and analyst meeting scheduled for September 24, 2026. The session will begin at 2:00 pm and is organized by Kirin Advisors.

The company issued the intimation pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Discussions during the group meeting will be based strictly on publicly available information.

Meeting Details

Particulars Details
Date September 24, 2026
Time 2:00 pm
Mode Virtual
Type Group Meeting
Organizer Kirin Advisors

The firm confirmed that no unpublished price-sensitive information (UPSI) is intended to be discussed during the interactions. This disclosure was made available on the company’s website and submitted to the National Stock Exchange of India Limited and BSE Limited.

Historical Stock Returns for Dev Information Technology

1 Day5 Days1 Month6 Months1 Year5 Years
-1.28%-3.50%-11.11%-19.49%-46.66%+78.61%

What strategic initiatives or financial performance metrics is Dev Information Technology likely to highlight to justify its valuation ahead of the September 2026 meeting?

How might the selection of Kirin Advisors as the organizer influence the tone and depth of the investor engagement compared to previous internal meetings?

Given the strict adherence to Regulation 30 and the exclusion of UPSI, what specific publicly available data points should analysts scrutinize for signs of upcoming operational shifts?

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Dev Information Technology approves 6.2 lakh ESOP allotments

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Reviewed by
Riya DScanX News Team
Key Highlights
  • Dev Information Technology allotted 6,23,944 equity shares to employees under its 2024 ESOP scheme
  • The exercise price was set at ₹2.40 per option, realizing ₹14,97,465.6 for the company
  • 6,522 options lapsed while 6,30,466 shares vested prior to the exercise period
  • Post-issue paid-up capital increased to ₹11,39,75,318 with 5,69,87,659 total shares
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Dev Information Technology approved the allotment of 6,23,944 equity shares to eligible employees under its Employee Stock Option Plan – 2024 during its board meeting held on September 11, 2026.

The allotment follows the exercise of stock options by employees, with none of the shares allotted to company directors. The shares rank pari passu with existing equity shares in all respects.

Allotment Details

The board considered and approved the business pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Key details of the transaction include:

Metric Details
Shares allotted 6,23,944 equity shares
Face value ₹2 per share
Exercise price ₹2.40 per stock option
Money realized ₹14,97,465.6
Options lapsed 6,522

The original grant involved 2,52,186 stock options issued on August 8, 2025. At the time of grant, the face value was ₹5 per share. Following a stock split effective August 21, 2025, the face value was sub-divided to ₹2, and the ESOPs were adjusted accordingly.

Scheme Structure

A total of 6,30,466 equity shares vested under the plan. Employees had 45 days from the first vesting date to exercise their options. The scheme adheres to the SEBI (Share Based Employee Benefits) Regulations, 2014 and the Companies Act, 2013. Options granted are subject to a minimum vesting period of one year.

Post-issue, the company’s paid-up capital stands at ₹11,39,75,318, comprising 5,69,87,659 shares. There were no variations in terms or subsequent cancellations reported for this batch.

Historical Stock Returns for Dev Information Technology

1 Day5 Days1 Month6 Months1 Year5 Years
-1.28%-3.50%-11.11%-19.49%-46.66%+78.61%

How might the recent stock split and subsequent ESOP exercise impact Dev Information Technology's earnings per share (EPS) in the upcoming fiscal quarters?

What is the expected timeline for the next vesting cycle of the ESOP-2024 plan, and how will it influence employee retention strategies?

Given the low exercise price relative to current market trends, what potential dilution effects should existing shareholders anticipate in future capital structures?

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1 Year Returns:-46.66%