Dev Information Technology : Re-appointment

Dev Information Technology Limited

Reg. Office: 14, Aaryans Corporate Park, Near Shilaj Railway Crossing,

Thaltej-Shilaj Road, Thaltej, Ahmedabad-380 059. (INDIA)

Phone: [phone] / 53

www.devitpl.com | [e-mail]

Offices: Gujarat | Maharashtra | Rajasthan | Canada

CIN: L30000GJ1997PLC033479

Date: 17th June, 2022

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, and pursuant to Extra-ordinary General Meeting (EGM) held on 15th June, 2022 for seeking approval of the Shareholders, we would like to inform you that shareholders have approved the following, by way of special resolution(s):

Appointment and Re-appointments of following Director(s):

1. Re-Appointmentof Dr. Venkata Rama Subba Rao Velamuri (DIN: 06502798), as a Non-Executive Independent director for a term of five consecutive years commencing from the expiry of his present term that is with effect from March 16, 2022 till March 16, 2027, who is not liable to retire by rotation.
2. Re-Appointmentof Dr. Rama Moondra (DIN: 01764539), as a Non-Executive Independent director for the further period of 5 years for a term of five consecutive years commencing from the expiry of her present term that is with effect from March 16, 2022 till March 16, 2027, who is not liable to retire by rotation.
3. Appointment of Mr. Umesh Rateja (DIN: 07269459) as an Independent Non-Executive director of the company, for a term of 5 consecutive years with effect from 16th June,2022 till 16th June, 2027, who is not liable to retire by rotation.
4. Re-Appointmentand terms of remuneration payable to Mr. Pranav Niranjanbhai Pandya (DIN: 00021744) as a Chairman & Whole-time Director of the company for the further period of five years from the expiry of his present term, that is with effect from February 21, 2022 to February 21, 2027, who is liable to retire by rotation.

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Dev Information Technology Limited

Reg. Office: 14, Aaryans Corporate Park, Near Shilaj Railway Crossing,

Thaltej-Shilaj Road, Thaltej, Ahmedabad-380 059. (INDIA)

Phone: [phone] / 53

www.devitpl.com | [e-mail]

Offices: Gujarat | Maharashtra | Rajasthan | Canada

CIN: L30000GJ1997PLC033479

1. Re-Appointmentand terms of remuneration payable to Mr. Jaimin Jagdishbhai Shah (DIN: 00021880) as a Managing Director of the company for the further period of five years from the expiry of his present term, that is with effect from February 21, 2022 to February 21, 2027, who is not liable to retire by rotation.
2. Re-Appointmentand terms of remuneration payable to Mr. Vishal Nagendra Vasu (DIN: 02460597) as a Whole-time Director of the company for the further period of five years from the expiry of his present term, that is with effect from February 21, 2022 to February 21, 2027, who is liable to retire by rotation.
3. Re-Appointmentand terms of remuneration payable to Mr. Prerak Pradyumna Shah (DIN: 02805369) as a Whole-time Director of the company, for the further period of five years from the expiry of his present term, that is with effect from February 21, 2022 to February 21, 2027, who is liable to retire by rotation.

The particulars of above appointments and re-appointments of directors are as per Annexure - 1.

This is for your information and record.

Thanking you,

Yours faithfully,

On behalf of Board of Directors

DEV INFORMATION TECHNOLOGY LIMITED

KRISA RUPALKUMAR PATEL

Digitally signed by KRISA RUPALKUMAR PATEL

DN: c=IN, o=Personal, postalCode=380052, st=Gujarat, 2.5.4.20=d1c0aba8e31c18d21102a1dc7b6f28e8284d97364 81ffbf9aac932a2e380bf46, pseudonym=DB51E9393700C673574239D33EDA5A6EC04 C6770, serialNumber=0D148FB642AD1A5177D6AC789F641CE2A4 6A0172B9661A7716658794938A1AF0, cn=KRISA

RUPALKUMAR PATEL

Date: 2022.06.17 14:42:06 +05'30'

Krisa Patel

Company Secretary & Compliance Officer

Place: Ahmedabad

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Dev Information Technology Limited

Reg. Office: 14, Aaryans Corporate Park, Near Shilaj Railway Crossing,

Thaltej-Shilaj Road, Thaltej, Ahmedabad-380 059. (INDIA)

Phone: [phone] / 53

www.devitpl.com | [e-mail]

Offices: Gujarat | Maharashtra | Rajasthan | Canada

CIN: L30000GJ1997PLC033479

Annexure - I: Particulars of above appointments and re-appointments of directors

1. Re- appointment of Dr. Venkata Rama Subba Rao Velamuri (DIN: 06502798), as Independent Non-executive Director

Date of Re-		Brief Profile	Relationship
Appointment & Term		between
of Appointment		directors
Independent	Non-	Dr. Venkata Rama Subba Rao Velamuri is retired IAS Officer. He	N.A.
executive Director for a	has spent over 36 years in the Indian Administrative Service, 27
term of five consecutive	of them in Gujarat.
years commencing from	He holds degrees of Master in Performing Arts (MPA), Bachelor
March 16, 2022	till	of Laws (LLB), Master of Science (MSC), Master of Arts (MA) and
March 16, 2027		Ph.D. He has served the state government in various senior
		positions as Secretary, Social Welfare, and as Additional Chief
		Secretary Urban Development, Finance departments and lastly
		the Home Department.
		Dr. Venkata Rama Subba Rao Velamuri has been an active
		member of the Board and the Board Committees of which he is a
		member. He brings independent judgement on the Board of the
		Company and his continued
		association will be valuable and positive. With his expertise, skills
		and knowledge, particularly in the field of finance and accounts,
		he articulates and provides his valuable guidance and inputs in all
		matters pertaining to the financial statements. Dr. Venkata Rama
		Subba Rao Velamuri is physically fit, mentally alert and is vocal at
		the Board and Committee meetings. He provides his
		independent view in board and committee deliberations.
		The Director is being exempted from clearing the Online
		Proficiency Self Assessment test for Independent Directors.

2. Re-appointment of Dr. Rama Moondra (DIN: 01764539), as Independent Non-executive Director

Date of Appointment &	Brief Profile	Relationship
Term of Appointment		between
			directors
Independent	Non-	Dr. Rama Moondra holds a degree of Master in Business	N.A.
executive Director for a	Administration and M.S. in Psychotherapy. She also holds the
term of five consecutive	Ph.D Degree in Management (Entrepreneurship & Innovation).

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Dev Information Technology Limited

Reg. Office: 14, Aaryans Corporate Park, Near Shilaj Railway Crossing,

Thaltej-Shilaj Road, Thaltej, Ahmedabad-380 059. (INDIA)

Phone: [phone] / 53

www.devitpl.com | [e-mail]

Offices: Gujarat | Maharashtra | Rajasthan | Canada

CIN: L30000GJ1997PLC033479

years commencing from

She is a certified Coach from International Coach Federation and

from March 16, 2022 till

listed as Premium Educator with Harvard Business Publishing,

March 16, 2027

she regularly contributes to Harvard case studies and surveys.

The Director have also cleared the Online Proficiency Self

Assessment test for Independent Directors.

3. Appointment of Mr. Umesh Rateja (DIN: 07269459), as Independent Non-executive Director:

Date of Appointment &

Brief Profile

Relationship

Term of Appointment

between

directors

Independent

Non-

Mr. Umesh Rateja comes with over 28 years

of Strategic &

N.A.

executive Director for a

Operational Human Resource Management experience with Large

term of five consecutive

and Reputed Indian and Multinational companies. As an

years commencing from

accomplished HR transformation leader, he is a business

June

16,2022 till June

collaborator, providing larger solutions that deliver differentiated

16, 2027

business results. From organisational development to coaching

teams to align their individual goals to larger interest remains the

key to success of his approach. He also has extensive experience of

Leading HR verticals and National Roles in highly dynamic and

people

centric sectors like Consulting, Telecom, Insurance, Direct Sales and

Manufacturing.

Umesh is proficient at Business strategy partnering with Leadership

teams, Leading Change Management initiatives, Competency based

Talent Acquisition, Talent

Management, Driving Employee Engagement and Value based

Performance Management Culture, Rewards, Compensation &

Benefits, HR Planning, Governance & Controlling processes,

designing effective HR Policies and Systems, Building Effective Talent

pipeline at all levels including Learning and Certification Academy

for frontline roles.

Currently Umesh is the Executive Director at Next Milestone

Technologies Pvt Ltd, Director and BOD at GESIA IT Association and

Co-Founder cum Mentor of SUMS CorpSolutions LLP. During his

corporate career Umesh has held various Leadership roles in HR, OD

and Training. Some of the key positions he held include Head of

Talent Acquisition and HR Operations with Reliance

Communications, VP & Head of Talent Acquisition with Tata AIG,

Head of Strategic HR & OD at Idea Cellular Ltd. He has also held

strategic and operation positions with Bharti Airtel, Max New York

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Dev Information Technology Limited

Reg. Office: 14, Aaryans Corporate Park, Near Shilaj Railway Crossing,

Thaltej-Shilaj Road, Thaltej, Ahmedabad-380 059. (INDIA)

Phone: [phone] / 53

www.devitpl.com | [e-mail]

Offices: Gujarat | Maharashtra | Rajasthan | Canada

CIN: L30000GJ1997PLC033479

Life, DSS Mobile Communications Ltd (Mobilink), Eureka Forbes and

Galaxy Group.

He has been trained on Leadership Skills from XLRI Jamshedpur,

Talent Assessor by Mercer, Great Leaders Programme from Franklin

Covey, 7 Habits of Highly Successful People from Franklin Covey,

Competency Mapping by T V Rao Learning Systems, Assessor for

Thomas Profiling by Thomas International, Gallup Engagement

Model & Q12 by Gallup International, Quality Auditor (ISO 9001) by

KPMG.

The Director have also cleared the Online Proficiency Self

Assessment test for Independent Directors.

4. Re-appointment of Mr. Pranav Niranjan Pandya (DIN: 00021744), as Chairman and Whole- time Director:

Date of Appointment &			Brief Profile		Relationship
Term of Appointment						between
							directors
Chairman & Whole-time	Mr. Pranav Pandya hails from Family of Nobles at Rajkot who were	N.A.
Director of the company	legal advisors and administrator of many erstwhile kingdoms in
for a term of five	Saurashtra. His parents were advocates with his father going retiring
consecutive	years	ultimately as Judge Bombay High court. Mr Pranav Pandya is a First
commencing	from	Generation	Electronic	and	Microprocessor	Engineering
February 21,	2022 to	entrepreneur with a strong backing of 25 years plus experience. He
February 21, 2027	has very good understanding of technology business implications in
		local scenarios of both public and private sectors. A visionary and
		having an eye for details, he is very well known in the e-Governance
		power circle as a dependable IT expert who is always finding
		innovative solutions to a given challenge. His policy of going that
		extra mile translates into association of a long term relationship,
		making him one of the most well received businessman locally
		among varied crossection of the community across the State of
		Gujarat, India. He is personally inclined towards rendering his
		services to the uplifting and modernization of education institutes
		and is active towards initiatives for Public Private Partnership in the
		said sector. He is Vice Chairman Gujarat Innovation Society (GIS) and
		Director on Board of Gujarat Electronic & Software Industry
		Association. He is associated with National and State level industry
		bodies like NASSCOM, CII, FICCI, TiE & Gujarat Chamber of
		Commerce.

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