Dev Information Technology Limited has confirmed September 30, 2026, as the date for its 29th Annual General Meeting (AGM). The meeting will be held at 4:00 pm through Video Conferencing or Other Audio-Visual Means. The company also provided a web link to access its Integrated Annual Report for FY25-26.

The Board of Directors previously approved these measures alongside ₹370 crore in related-party transactions on September 3, 2026. Shareholders must hold equity shares as of the record date on September 23, 2026, to participate in voting or receive the final dividend payout. Newspaper advertisements for the AGM were published on September 8, 2026, in "Business Standard" and "Jai Hind" editions.

AGM and Annual Report Details

Pursuant to Regulation 36(1)(b) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company notified members who have not registered email addresses about the availability of the annual report.

Members who have not updated their email addresses are requested to submit Form ISR-1 and Form ISR-2 to the Company, Registrar and Share Transfer Agent, or their Depository Participants.

Record Date and Voting Schedule

The record date for determining shareholder eligibility for the final dividend and e-voting is September 23, 2026. Remote e-voting opens on September 25, 2026, and closes on September 29, 2026.

Related-Party Transactions

The Board sought omnibus approvals for services rendered and availed between the listed entity and its subsidiaries, associates, and deemed related parties. These transactions are expected to exceed materiality thresholds under SEBI Listing Regulations.

*Includes transactions between subsidiaries Dhyey Consulting, Dynamics Stars LLC, and Dev Info-Tech North America Ltd.

The largest single approval is for ₹100 crore with XDuce Corporation, a deemed related party due to its indirect shareholding through XDuce Technologies Private Limited. This covers rendering and availing of services to leverage operational synergies and resource sharing.

Director Appointments

Shareholders will decide on the appointment of:

• Jayesh Madhusudan Dave as a Non-Executive, Non-Independent Nominee Director representing XDuce Technologies Private Limited. He brings over two decades of experience in scaling technology services businesses.
• Bhawika Ogra as an Independent Non-Executive Director for a five-year term. She holds senior regulatory and compliance experience from the National Stock Exchange of India (NSE).

Both appointments are effective from October 1, 2026, subject to shareholder approval.

Dividend Details

The Board proposed a final dividend of ₹0.10 per equity share, equivalent to 5%. Shareholders on record as of September 23, 2026, will be eligible for this payout.

What the Numbers Show

The proposed RPTs total ₹370 crore, which represents approximately 51% of the listed entity's annual consolidated turnover from the immediately preceding financial year, based on the disclosed percentage for the largest transaction block. This indicates a significant reliance on intra-group service flows, particularly with its Canadian subsidiary and US-based partners, to manage cross-border delivery operations.

Dev Information Technology has secured an order worth ₹5.15 crore from the National Informatics Centre Services Inc. (NICSI) for the development of Integrated Financial Management System (IFMS) 3.0 web and mobile applications for the Rajasthan government. The project is expected to be completed in approximately 6 months.

Order details

The following table summarises the key parameters of the order:

The order involves building both web and mobile application components of the IFMS 3.0 platform for NICSI, a government-linked entity that provides IT services and solutions to central and state government departments across India.