Dev Information Technology Sets August 21, 2025 Record Date for 5:2 Stock Split
Dev Information Technology Limited has approved a stock split, dividing each existing equity share with a face value of Rs. 5.00 into shares with a face value of Rs. 2.00. The record date for this corporate action is set for August 21, 2025. This move aims to potentially improve stock liquidity and accessibility for investors without changing the overall value of shareholders' holdings.

*this image is generated using AI for illustrative purposes only.
Dev Information Technology Limited , a provider of cloud services and digital transformation solutions, has announced a significant corporate action that could impact its shareholders. The company's board of directors has approved a stock subdivision, commonly known as a stock split, with a record date set for August 21, 2025.
Stock Split Details
The board meeting, held on July 25, 2025, concluded at 02:05 P.M. with the following key decisions:
- Each existing equity share with a face value of Rs. 5.00 will be subdivided into shares with a face value of Rs. 2.00 each.
- The record date for determining shareholder eligibility for the stock split is set for Thursday, August 21, 2025.
This 5:2 stock split aims to increase the number of outstanding shares while proportionally decreasing the face value per share. It's important to note that this action does not change the overall value of a shareholder's holdings but may potentially improve liquidity and make the shares more accessible to a broader range of investors.
Company Profile
Dev Information Technology Limited operates in various IT sectors, including:
- Cloud services
- Digital transformation
- Enterprise applications
- Managed IT services
The company has established its presence with offices in multiple locations:
- Gujarat
- Maharashtra
- Rajasthan
- Canada
Corporate Information
Dev Information Technology Limited is listed on both the National Stock Exchange of India (NSE) and BSE Limited with the following details:
Item | Details |
---|---|
NSE Trading Symbol | DEVIT |
BSE Trading Symbol | 543462 |
CIN | L30000GJ1997PLC033479 |
The company's registered office is located at 14, Aaryans Corporate Park, Near Shilaj Railway Crossing, Thaltej-Shilaj Road, Thaltej, Ahmedabad - 380 059, India.
Shareholders and potential investors should take note of the record date and consult with their financial advisors regarding any actions they may need to take in light of this corporate event. As always, it's crucial to consider one's investment goals and risk tolerance when making investment decisions.
Historical Stock Returns for Dev Information Technology
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
-0.75% | +2.47% | +6.55% | -24.38% | -20.04% | +335.85% |