Dev Information Technology Limited has reported share transfer transactions under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosure, dated March 26, 2026, involves both acquisition and disposal of shares through open market operations, with comprehensive regulatory filings submitted to NSE and BSE.

Transaction Overview

The share transfer transactions were executed on March 25, 2026, through open market operations. The disclosure involves both share acquisition and disposal activities, with Mr. Jaimin Jagdishbhai Shah acting on behalf of promoters/promoter group for the regulatory compliance.

Share Disposal by Promoter Group

Mr. Jaimin Jagdishbhai Shah, representing the promoter group, disposed of shares in the open market. The transaction resulted in a reduction of his shareholding position in the company.

Regulatory Compliance and Documentation

The comprehensive disclosure was filed under Regulation 29(2) of SEBI regulations, with detailed documentation submitted to both The National Stock Exchange of India Limited at Exchange Plaza, Bandra Kurla Complex, and BSE Limited at Phiroze Jejeebhoy Towers, Dalal Street. The filing includes complete annexures showing shareholding patterns before and after the transaction.

The company's equity share capital structure remains unchanged at 11,26,70,464 equity shares of Rs. 2/- each following these transactions. All disclosures have been properly submitted with complete documentation including detailed annexures and compliance with SEBI regulations for substantial acquisition and disposal reporting.

Dev Information Technology Limited has filed comprehensive SEBI disclosure documentation regarding the continued shareholding increase by Xduce Technologies Private Limited. The detailed regulatory filing, submitted on March 19, 2026, provides complete documentation of the share acquisition transaction completed on March 17, 2026.

SEBI Regulatory Filing Documentation

The comprehensive disclosure was filed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Both companies submitted formal communications to NSE and BSE, with Dev Information Technology's Company Secretary Krisa Shah digitally signing the disclosure on behalf of the target company.

Share Acquisition Transaction Details

Xduce Technologies Private Limited acquired 30,806 additional equity shares through open market operations, representing a 0.05% increase in shareholding. The transaction maintains the acquirer's status as a non-promoter entity with no encumbrances on the shares and no voting rights other than through equity shareholding.

Company Structure and Exchange Information

Dev Information Technology Limited maintains its equity structure with 11,26,70,464 equity shares of ₹2.00 each. The company operates from its registered office at Aaryans Corporate Park, Ahmedabad, with offices across Gujarat, Maharashtra, Rajasthan, and Canada.

Regulatory Compliance and Documentation

The filing includes detailed annexures showing complete shareholding pattern changes with Director P.N. Pandya signing the disclosure on behalf of Xduce Technologies Private Limited. The comprehensive documentation confirms full compliance with SEBI regulations and provides transparency for the continued acquisition activity in Dev Information Technology Limited shares.