StockWatch
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IT Enabled Services
ESOP11 Sept 2026, 05:00 pm

Dev Information Technology Allots 6.23 Lakh Shares Under ESOP

AI Summary

Dev Information Technology Limited announced the allotment of 6,23,944 equity shares of face value Re. 2/- each, fully paid up, against the exercise of vested options under the 'Dev Information Technology Limited Employee Stock Option Plan –2024'. This allotment increases the company's paid-up capital to Rs. 11,39,75,318/-, comprising 5,69,87,659 equity shares. The newly allotted shares will rank pari-passu with existing equity shares. No shares were allotted to any Director of the Company.

Key Highlights

  • 6,23,944 equity shares allotted under ESOP plan.
  • Company's paid-up capital increased to Rs. 11.4 Cr.
  • New shares rank pari-passu with existing equity.
  • No allotment made to company directors.