Stock split
Dev Information Technology Limited has announced a board meeting addressing the sub-division of existing equity shares with a face value of ₹5 each into shares with a face value of ₹2 each, pending shareholder approval at the upcoming Extraordinary General Meeting (EGM) on December 20, 2024. The alteration will adjust the authorized share capital from ₹20 Crore divided into 4 Crore shares of ₹5 each to ₹20 Crore divided into 10 Crore shares of ₹2 each.
The cut-off date for e-voting is set for December 13, 2024, with remote voting commencing on December 16 and concluding on December 19, 2024.
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