ESOP/ESOS/ESPS

Dev Information Technology Limited Reg. Office: 14, Aaryans Corporate Park, Near Shilaj Railway Crossing, Thaltej-Shilaj Road, Thaltej, Ahmedabad - 380 059. (INDIA) Phone: +91 94298 99852 / 53 www.devitpl.com | info@devitpl.com Offices: Gujarat | Maharashtra | Rajasthan | Canada CIN: L30000GJ1997PLC033479 Date: 11th September, 2026 To, To, The Manager-Listing Department, The Secretary, The National Stock Exchange of India Limited, BSE Limited Exchange Plaza, Plot No. C/1, G-Block, Phiroze Jejeebhoy Towers, Bandra Kurla complex, Dalal Street Bandra East, Mumbai -400001 Mumbai-400 051 Trading Symbol: DEVIT Trading Symbol: 543462 Subject: Outcome of Board Meeting held on Friday, September 11th, 2026 pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations, 2015 (“SEBI LODR”) Respected Sir/Madam, With reference to the captioned subject, we would like to inform you that the Board of Directors of Dev Information Technology Limited (the “Company”) in its Meeting held on Friday, September 11th, 2026 at 04:00 P.M., inter alia, discussed and approved following business: 1. Considered and approved allotment of equity shares under “Dev Information Technology Limited Employee Stock Option Plan – 2024”: The Board at its meeting held today, has approved allotment of 6,23,944 (Six Lakh Twenty-Three Thousand Nine Hundred Forty-Four Only) equity shares of face value of Rs. 2/- each to the eligible Employees of the Company who have exercised their stock options under “Dev Information Technology Limited Employee Stock Option Plan – 2024”. These shares shall rank pari passu with the existing equity shares of the Company in all respects. In this allotment, none shares are allotted to the Director(s) of the Company. The detailed disclosure as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations. 2015 read with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 is enclosed herewith as Annexure A. The meeting commenced at 04:00 P.M. and concluded at 04:35 P.M. Kindly take the above information on your records. Thanking you, On behalf of Board of Directors Dev Information Technology Limited Krisa Shah (Company Secretary and Compliance Officer) Place: Ahmedabad Cloud | Managed IT | Digital | Enterprise | Business | Mobile Services Services Transformation Applications Applications Applications Dev Information Technology Limited Reg. Office: 14, Aaryans Corporate Park, Near Shilaj Railway Crossing, Thaltej-Shilaj Road, Thaltej, Ahmedabad - 380 059. (INDIA) Phone: +91 94298 99852 / 53 www.devitpl.com | info@devitpl.com Offices: Gujarat | Maharashtra | Rajasthan | Canada CIN: L30000GJ1997PLC033479 Annexure A SN Particulars Details Brief details of stock Grant of 2,52,186* stock options on August 08th, 2025 (Each stock option options granted is convertible into one (1) equity share of DEVIT having a face value of 1. Rs. 05/- each) *At the time of grant of ESOPs, the face value of equity share was ₹5 per share. Subsequently, the Company underwent a corporate action of stock split with effect from 21st August 2025. Accordingly, the face value of equity shares is been sub-divided to ₹2 each, and the ESOPs have been adjusted Whether the scheme is rYeetsr,o sTpheect ivSeclhye tmo ere filse ctp trhepisa crheadn gine accordance with the provisions of in terms of SEBI(SBEB) Securities and Exchange Board of India (Share Based Employee Benefits) 2. Regulations, 2014 Regulation 2014 Total number of 6,23,944 equity shares 3. shares covered by these stock options The Options shall vest as per the approval from Nomination, Vesting Schedule Remuneration and Compensation committee. As per the SEBI (Employee Share Based Payments) Regulations 2014 and the Companies Act 2013 4. read with the Dev Information Technology Limited Employee Stock Option Plan - 2024, options granted are subject to a minimum Vesting Period of 1 (One) year. 5. Options vested 6,30,466 equity shares 6. Exercise Period 45 (forty-Five) days from the first vesting date 7. Options exercised 6,23,944 equity shares (Each stock option is convertible into one (1) equity share of DEVIT having a face value of Rs. 02/- each) 8. Exercise Price Rs. 2.40/- per stock option 9. Money realized by Rs. 14,97,465.6 exercise of options 10. The total number of 6,23,944 equity shares shares arising as a result of exercise of option 11. Options lapsed; 6,522 Cloud | Managed IT | Digital | Enterprise | Business | Mobile Services Services Transformation Applications Applications Applications Dev Information Technology Limited Reg. Office: 14, Aaryans Corporate Park, Near Shilaj Railway Crossing, Thaltej-Shilaj Road, Thaltej, Ahmedabad - 380 059. (INDIA) Phone: +91 94298 99852 / 53 www.devitpl.com | info@devitpl.com Offices: Gujarat | Maharashtra | Rajasthan | Canada CIN: L30000GJ1997PLC033479 12. Variation of terms of NA options 13. Brief details of NA significant terms 14. Subsequent changes or NO cancellation or exercise of such options 15. Diluted earnings per NA share pursuant to issue of equity shares on exercise of options. 16. Change in paid up capital post issue of Post Issue equity shares on No. of shares 5,69,87,659 exercise of options. Paid up capital (Rs.) Rs. 11,39,75,318 Cloud | Managed IT | Digital | Enterprise | Business | Mobile Services Services Transformation Applications Applications Applications