Dev Information Technology Limited — Board Meeting, 16-12-2024: Outcome of Board Meeting

The Board of Directors of Dev Information Technology Limited has approved the allotment of 49,414 equity shares under the Employee Stock Option Plan – 2018. These shares, with a face value of Rs. 5 each, have been issued to eligible employees who exercised their options. The company realized approximately Rs. 49.16 lakh from these exercises. After this issuance, the total paid-up capital stands at Rs. 11.27 crore, with 2,25,34,093 shares now outstanding.