Dev Information Technology Limited announced formation of committee of Independent Directors pursuant to the provisions of Regulation 26(6) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. With reference to the captioned subject, Public Announcement dated June 16, 2023 ("PA") and Detailed Public Statement published on June 23, 2023 in Financial Express (English & Gujarati Edition), Jansatta (Hindi Edition) and Navshakti (Marathi edition) ("DPS") and Draft Letter of Offer dated ("DLoF") dated July 03, 2023 we, Dev Information Technology Limited, have formed the committee of Independent Directors for recommendation of Open Offer with the following members: Dr. Rama Moondra - Chairman; Dr. Venkat Rama Subba Rao Velamuri - Member; Mr. Jatin Yagneshbhai Trivedi - Member and Mr. Umesh Rateja - Member.