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: 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):
- 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.
- 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.
- 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.
- 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.
Enterprise | | | Enterprise | | | Infrastructure | | | Cloud | | | Digital | | | Licensing |
Applications | Mobility | Management | Computing | Services | ||||||
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
- 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.
- 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.
- 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
Enterprise | | | Enterprise | | | Infrastructure | | | Cloud | | | Digital | | | Licensing |
Applications | Mobility | Management | Computing | Services | ||||||
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 - 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). |
Enterprise | | | Enterprise | | | Infrastructure | | | Cloud | | | Digital | | | Licensing |
Applications | Mobility | Management | Computing | Services | ||||||
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
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 | ||||||||||||
Enterprise | | | Enterprise | | | Infrastructure | | | Cloud | | | Digital | | | Licensing | ||
Applications | Mobility | Management | Computing | Services | ||||||||
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
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. |
Enterprise | | | Enterprise | | | Infrastructure | | | Cloud | | | Digital | | | Licensing |
Applications | Mobility | Management | Computing | Services | ||||||
This is an excerpt of the original content. To continue reading it, access the original document here.
Attachments
- Original Link
- Original Document
- Permalink
Disclaimer
DEV Information Technology Ltd. published this content on 17 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 June 2022 10:12:09 UTC.