Dev Information Technology Jayesh Madhusudan Dave appointed
Dev Information Technology (DEVIT) said Jayesh Madhusudan Dave has been appointed; and Bhawika Ogra has been appointed. The company is valued at about ₹125 crore.
What happened
Dev Information Technology (DEVIT) told the exchanges on 30 September 2026 at 06:23 PM that Jayesh Madhusudan Dave has been appointed; and Bhawika Ogra has been appointed.
From the filing: "The brief particulars of above appointments director are as per Annexure – A. ii) Appointment of Ms."
Company snapshot
Dev Information Technology is a micro-cap company, with a market value of about ₹125 crore.
The stock last traded at ₹22.16, against a 52-week range of ₹21.3–₹44.44 (50.1% below the high).
Before this filing the shares had moved −10.9% over the month and −22.3% over three months. Average daily turnover over the last 20 sessions was about ₹0.08 crore.
Promoters held 41.58% at the end of Q1 FY27. Foreign institutions owned 0.33% and domestic institutions 0.00%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 43 | 2.1 | 0.94 |
| Q2 FY26 | 49 | 71.9 | 12.75 |
| Q3 FY26 | 44 | -7.3 | -1.3 |
| Q4 FY26 | 54 | 9.1 | 1.59 |
| Q1 FY27 | 44 | 2.1 | 0.37 |
What history shows
BCEIE has no earlier management change filing from this company on record since May 2026.
Market-wide, 3,833 management change filings with an impact score of 50 or more saw an average next-day move of −0.1%, with 44% rising.
Past reactions describe what happened before; they are not a forecast.
What to watch
- The appointment of a successor and any change in strategy or guidance.
In the news
Recent coverage elsewhere (links open the original publisher):
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.