Dev Information Technology Limited — Important, 26-12-2025: Disclosure of material issue

Dev Information Technology ($DEVIT) has put its planned preferential issue on hold. The Board decided to withdraw the proposal to issue up to 1.5 Cr warrants, convertible into 1.5 Cr equity shares at ₹45.45 each.

**Why the pause?** The company is actively exploring strategic business restructuring and potential collaborations. They believe it's prudent to reassess future capital needs and timing in light of these ongoing strategic evaluations, aiming to enhance shareholder value.

**Impact for investors:** This move *doesn't* impact current operations or financial commitments. It signals a strategic rethink on capital deployment. Dev IT promises transparent updates on any future fundraising or strategic changes. #DEVIT #ITstocks