Dev Information Technology Limited — Others, 21-12-2024: Appointment

Dev Information Technology Limited has announced a board meeting to discuss the appointment of Mr. Bhavin Sanjaybhai Bhagat as an Independent Non-Executive Director for a five-year term beginning December 20, 2024. Additionally, shareholders approved a stock split, where each existing equity share with a face value of ₹5 will be split into shares with a face value of ₹2. This move aims to enhance liquidity in the capital market and broaden the shareholder base. Investors may view this as a positive outlook, potentially increasing retail participation in the company's shares.