Dev IT Board Approves Q4/FY26 Results, Recommends 5% Dividend & Divests Subsidiary Stake

Dev Information Technology Limited's Board of Directors met on May 28, 2026, to approve the Standalone and Consolidated Audited Financial Results for the quarter and year ended March 31, 2026, with an unmodified audit opinion. The Board recommended a final dividend of 5% (₹0.10 per equity share) for FY26, subject to shareholder approval. Additionally, the re-appointment of M/s. Manav Sheth and Company as Internal Auditor for FY27 was approved. A significant decision was the approval of the divestment of 25% of its equity investment in Dhyey Consulting Services Private Limited, a wholly-owned subsidiary, to M/s. Unique Comp, Inc for ₹4.60 Crores. Post-transaction, Dhyey Consulting will remain a subsidiary but cease to be wholly-owned.