Dev Information Technology Approves ESOP Allotment

Dev Information Technology Limited's Board of Directors approved the allotment of 6,23,944 equity shares under its Employee Stock Option Plan 2024. These shares, with a face value of Rs. 2 each, were exercised by eligible employees. The company realized Rs. 14,97,465.6 from the exercise. The meeting also confirmed that no shares were allotted to directors. The post-issue paid-up capital increased to Rs. 11,39,75,318 with 5,69,87,659 shares.