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Dev Information Technology Seeks ₹100 Crore XDuce Related-Party Transaction Approval


3 September 2026
Dev Information Technology Ltd.

Board proposed FY27 material service RPT approvals: ₹100Cr with XDuce, ₹60Cr each with Dev Info-Tech North America and Dhyey, and ₹50Cr each with Dynamics Stars and Byte Technosys. AGM will consider ₹0.10/share final dividend and appointments of XDuce nominee Jayesh Dave and independent director Bhawika Ogra. This formalizes strategic and governance integration. RPT limits are large versus FY26 turnover and span subsidiaries, an associate and XDuce; pricing is stated arm’s length, but utilization, margins and governance outcomes remain undisclosed.


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