NSEAppointment30 Sept 2026 · 30 Sept 2026, 06:31 pm
Appointment
Dev Information Technology Limited · DEVIT
✦ AI SummaryMgmt Change
Dev Information Technology Limited has informed the Exchange regarding the appointment of Mr. Jayesh Madhusudan Dave and Ms. Bhawika Ogra as Non-Executive Directors of the company, effective October 1, 2026.
Analysis Scores
Earnings Impact2/10
Growth Catalyst3/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact5/10
Market Sentiment5/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
Dev Information Technology Limited has informed the Exchange regarding Appointment of Appointment of Ms. Bhawika Ogra. as Non- Executive Independent Director of the company w.e.f. October 01, 2026.
Attachments (1)
📄pdf
Download →
DEVIT_30092026183136_Post_EGM_Reg_30_announcements_S.pdf
View document text
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: 30th 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
Dear Sir/ Madam,
Subject: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015
Pursuant to regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we
hereby inform you that the 29th Annual General Meeting (AGM) of the Company was held today i.e.,
Wednesday, 30th September, 2026 at 04:00 P.M. for seeking approval of the Shareholders, we would like to
inform you that shareholders have approved the following, by way of Ordinary Resolution and Special
Resolution, respectively:
i) Appointment of Mr. Jayesh Madhusudan Dave (DIN: 01932331) as a Non-executive, Non-independent,
Nominee Director of the Company, with effect from October 1, 2026, i.e., from the conclusion of the 29th
AGM, and who shall not be liable to retire by rotation.
The brief particulars of above appointments director are as per Annexure – A.
ii) Appointment of Ms. Bhawika Ogra (DIN: 00508505) as a Non-executive, Independent director of the
Company for a term of five (5) consecutive years, commencing from October 1, 2026, i.e., from the
conclusion of the 29th AGM, up to and including October 1, 2031, and who shall not be liable to retire
by rotation.
The brief particulars of above appointments director are as per Annexure – B.
This is for your information and record.
Thanking you,
Yours faithfully,
On behalf of Board of Directors
DEV INFORMATION TECHNOLOGY LIMITED
Krisa Shah
Company Secretary & 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: Particulars of above appointment of director:
1. Appointment of Mr. Jayesh Madhusudan Dave (DIN: 01932331) as a Non-executive, Non-
independent, Nominee Director
Particulars Jayesh Madhusudan Dave
DIN No. 01932331
Date of Birth 10/03/1975
Age of Director 51 Years
Term of appointment Appointment commencing from the conclusion of the
AGM i.e. with effect from 1st October, 2026
Qualification o MS in Computer Science from Fairleigh Dickinson
University
Terms and Conditions of Non-Executive, Non Independent, Nominee Director, Not
Appointed as an Executive Liable to retired by rotation
Director Appointed as an
Independent Director of
Appointment
Designation Non-executive, Non-independent, Nominee Director
Expertise in specific functional Jay is a technology entrepreneur and business leader with
areas more than two decades of experience building and scaling
technology services businesses.
He is the Founder and CEO of XDuce Group, a global
technology organization with operations across North
America, the United Kingdom, and India. Under his
leadership, XDuce has grown to more than 1,500
professionals globally, while expanding its capabilities and
client relationships across financial services, healthcare,
education, the public sector, and other complex
industries.
Throughout his career, Jay has focused on building
businesses around a simple belief: technology creates
lasting value only when it is supported by the right
people, strong execution, and trusted relationships. His
experience spans business strategy, global delivery,
market expansion, strategic partnerships, and the
development of scalable technology organizations.
Relationship between He is not related with any Director and Key Managerial
Directors inter-se and with Personnel of the Company
Manager and other KMPs
Names of listed entities including None
this entity in which the person also
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
holds the directorship
Names of listed entities including None
this entity in which the person also
holds the membership of
Committees of the board
No. of Shares Held NIL
No. of Board Meeting attended NA
during last Financial Year
Remuneration drawn during last NA
Financial Year (sitting Fees Only)
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 – B Particulars of above appointment of director:
2. Appointment of Ms. Bhawika Ogra (DIN: 00508505) as a Non-executive, Independent
director
Particulars Bhawika Ogra
DIN No. 00508505
Date of Birth 25/10/1973
Age of Director 53 Years
Term of appointment Appointment for a term of consecutive period of 5 (five)
years commencing from the conclusion of the AGM i.e.
with effect from October 1, 2026, up to and including
October 1, 2031.
Qualification o BITS Pilani Master Of Management Studies
Specialization Finance
Terms and Conditions of Non-executive, independent director, Not Liable to retired
Appointed as an Executive by rotation
Director Appointed as an
Independent Director of
Appointment
Designation Independent director
Expertise in specific functional Ms. Bhawika Ogra is a senior capital markets and financial
areas services professional with 29+ years of experience in
regulatory compliance, governance, risk management and
capital markets. She has held senior leadership roles at the
National Stock Exchange of India (NSE) and NSE IFSC,
including Chief Regulatory Officer & Compliance Officer of
NSE IFSC and Senior Vice President at NSE.
At NSE IFSC, she led the development and implementation
of the end-to-end regulatory and compliance framework,
working closely with IFSCA and international stakeholders,
and was instrumental in securing approvals for the NSE IX–
SGX Connect model that migrated Nifty derivatives liquidity
from Singapore to India.
Her expertise spans capital market regulation, corporate
governance, regulatory policy, risk management,
surveillance, stakeholder engagement and institutional
development. She holds an MMS (Finance) from BITS Pilani
and has completed the IOSCO Global Certificate Program,
NISM AML Certification, Six Sigma and a Strategic
Leadership programme from IIM Indore.
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
She is currently Founding Partner at MAVROK Strategic
Advisor
[Showing first 8,000 characters — download PDF for full document]