Dev Information Technology : Dividend

Dev Information Technology Limited

Reg. Office: 14, Aaryans Corporate Park, Near Shilaj Railway Crossing,

Thaltej-Shilaj Road, Thaltej, Ahmedabad-380 059. (INDIA)

Phone: [phone] / 53

www.devitpl.com | [e-mail]

Offices: Gujarat | Maharashtra | Rajasthan | Canada

CIN: L30000GJ1997PLC033479

To,	To,
The Manager-Listing Department,	The Secretary,
The National Stock Exchange of India	BSE Limited
Limited,	Phiroze Jejeebhoy Towers,
Exchange Plaza, Plot No. C/1, G-Block,	Dalal Street
Bandra Kurla complex,	Mumbai -400001
Bandra East,
Mumbai-400 051
	Trading Symbol: 543462
Trading Symbol: DEVIT

Subject: Outcome of the Board Meeting held on Wednesday, 25th May, 2022:

Ref.: Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirement),2015

Dear Sir/Mam,

With reference to the captioned subject, we would like to inform you that the Board of Directors of Dev Information Technology Limited (the "Company") in its Meeting held on Wednesday, 25th May, 2022 at 4:00 P.M. at the registered office of the company, inter alia, discussed and approved following businesses: -

1. The Standalone and Consolidated Audited Financial Results of the company for the Half year and Year ended on 31st March, 2022, together with Statutory Auditors report, as per regulation 33 of Securities and Exchange Board of India (Listing

obligation and Disclosure Requirements) Regulation, 2015, were confirmed and approved by the Board of Directors.

• We would like to state that M/s. Rinkesh Shah & Co., Statutory Auditors of the company have issued audit reports with unmodified opinion on the Statements. Declaration with respect to Audit Reports with unmodified opinion is enclosed herewith as per Annexure-I.
• Further Standalone and Consolidated Audited Financial Results of the company for the aforementioned period shall be available on the website of the stock exchange athttps://www.nseindia.com/and on company's websitehttps://www.devitpl.com/.

1. The Board of Directors recommended the final Dividend @5% (i.e. Rs. 0.50/- per equity shares) on 1,10,41,000 equity shares of Rs. 10/- each, for the year ended 31st March, 2022, subject to the upcoming corporate action and subject to the approval of shareholders of the company in the ensuing Annual General Meeting.
2. Reviewed and Approved re-appointment of M/s. Murtuza Mandorwala & Associates (COP No. 14284), Practicing Company Secretary, as a Secretarial Auditor of the company for the financial year 2022-23.(Annexure-II: Brief Profile attached herewith)

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Dev Information Technology Limited

Reg. Office: 14, Aaryans Corporate Park, Near Shilaj Railway Crossing,

Thaltej-Shilaj Road, Thaltej, Ahmedabad-380 059. (INDIA)

Phone: [phone] / 53

www.devitpl.com | [e-mail]

Offices: Gujarat | Maharashtra | Rajasthan | Canada

CIN: L30000GJ1997PLC033479

4. Reviewed and Approved re-appointment of M/s. Nisarg J. Shah & Co., Chartered Accountant (FRN: 128310W), as an Internal auditor of the Company for the financial year 2022-23.(Annexure-III: Brief Profile attached herewith).

The board Meeting concluded at 07:00 P.M.

Kindly take this information on your records.

Thanking you,

On behalf of Board of Directors

DEV INFORMATION TECHNOLOGY LIMITED

KRISA RUPALKUMAR PATEL

Digitally signed by KRISA RUPALKUMAR PATEL

DN: c=IN, o=Personal, postalCode=380052, st=Gujarat, 2.5.4.20=d1c0aba8e31c18d21102a1dc7b6f28e8284d9736481ff bf9aac932a2e380bf46, pseudonym=DB51E9393700C673574239D33EDA5A6EC04C67 70, serialNumber=0D148FB642AD1A5177D6AC789F641CE2A46A 0172B9661A7716658794938A1AF0, cn=KRISA RUPALKUMAR PATEL

Date: 2022.05.25 19:11:27 +05'30'

Krisa Patel

Company Secretary & Compliance Officer

Place: Ahmedabad

Date: 25th May, 2022

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Dev Information Technology Limited

Reg. Office: 14, Aaryans Corporate Park, Near Shilaj Railway Crossing,

Thaltej-Shilaj Road, Thaltej, Ahmedabad-380 059. (INDIA)

Phone: [phone] / 53

www.devitpl.com | [e-mail]

Offices: Gujarat | Maharashtra | Rajasthan | Canada

CIN: L30000GJ1997PLC033479

	Annexure-I
To,		To,
The Manager-Listing Department,		The Secretary,
The National Stock Exchange of India		BSE Limited
Limited,		Phiroze Jejeebhoy Towers,
Exchange Plaza, Plot No. C/1, G-Block,		Dalal Street
Bandra Kurla complex,		Mumbai -400001
Bandra East,
Mumbai-400 051
		Trading Symbol: 543462
Trading Symbol: DEVIT

Subject: Declaration with respect to Audit Reports with unmodified opinion:

Dear Sir/Mam,

With respect to the stated subject and pursuant to Notification No. SEBI/LAD- NRO/GN/2016-17/001 dated May 25, 2016 and circular No. CIR/CFD/CMD/56/2016 dated May 27, 2016 issued by the Securities Exchange Board of India (SEBI), we hereby declare that the Audit Report issued by M/s. Rinkesh Shah & Co., Chartered Accountants, Statutory Auditors on the Annual Audited Financial Statements of the Company for the financial year ended on 31st March, 2022 is with unmodified opinion.

We request you to take above information on record.

Thanking you,

Yours Faithfully

DEV INFORMATION TECHNOLOGY LIMITED,

JAIMIN JAGDISHBHAI SHAH Managing Director

(DIN: 00021880)

Date: 25th May, 2022.

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