Latest Shareholding Pattern DEV INFORMATION TECHNOLOGY LIMITED Shareholding Update: An Examination of Financial Performance for FY (Q4-Mar 2023-2024)

DEV INFORMATION TECHNOLOGY LIMITED Shareholding Update: An Examination of Financial Performance for FY (Q4-Mar 2023-2024)

DEV INFORMATION TECHNOLOGY LIMITED has released its latest shareholding reports, covering the quarter and the first half of the fiscal year ending on (Q4-Mar 2023-2024).This detailed report examines who owns shares, including Promoters, promoter groups, Foreign investors, public investors, and government entities.
Shareholder Name Previous Quater Quantity(In Crores) Current Quater Quantity(In Crores) Previous Quater Shares(in %) Current Quater Shares(in %) Quater to Quater Difference
Promoters 1.58 1.58 71.31 70.2 -1.11 %
Public 0.64 0.67 28.69 29.8 +1.11 %
DII 0 0 0 0 0
FII 0 0 0 0 0
Government 0 0 0 0 0
Promoters’ shareholding decreased from 71.31% in December 2023 to 70.2% in March 2024. This reduction indicates that the promoters’ control over Company has weakened during this period.The percentage of shares held by the public increased from 28.69% in December 2023 to 29.8% in March 2024.This change suggests that the public’s investment in the company grew during the quarter.

Let’s look into the statistics of the investors, which could have contributed to the fluctuations in the shareholding pattern.

Shareholder Name Previous Quarter Quantity (In crores) Current Quarter Quantity (In crores) Previous Quarter Shares (in %) Current Quarter Shares (in %) Quarter-to-Quarter Difference (%)
Amisha Jayminbhai Shah 0.345 0.345 15.57 15.33 -0.24 %
Jaimin Jagdishbhai Shah 0.245 0.245 11.09 10.91 -0.18 %
Pranav Niranjan Pandya Huf . 0.168 0.168 7.59 7.48 -0.11 %
Kruti Pranav Pandya 0.135 0.135 6.1 6 -0.1 %
Pratibhaben Mohanlal Desai 0.128 0.128 5.76 5.67 -0.09 %
Aarti Prerak Shah 0.091 0.091 4.12 4.06 -0.06 %
Prerak Pradyumna Shah 0.075 0.075 3.39 3.34 -0.05 %
Pranav Niranjanbhai Pandya 0.070 0.070 3.17 3.12 -0.05 %
Sapna Vishal Vasu 0.069 0.069 3.12 3.07 -0.05 %
Vishal Nagendra Vasu 0.060 0.060 2.71 2.67 -0.04 %
Jayshreeben Jagdishbhai Shah 0.038 0.038 1.71 1.68 -0.03 %
Jaimin Jagdishbhai Shah Huf . 0.033 0.033 1.49 1.47 -0.02 %
Vishal Vasu Huf 0.030 0.030 1.36 1.33 -0.03 %
Rakhi Jagadishbhai Shah 0.005 0.005 0.21 0.2 -0.01 %
LT1 Inc 0 0.085 0 3.77 +3.77%
Lt1 Inc 0.085 0 3.83 0 -3.83%
Amisha Jayminbhai Shah faced a downturn in stakeholding this quarter, witnessing a decline of -0.24 % in stakeholding compared to the previous quarter.Jaimin Jagdishbhai Shah faced a downturn in stakeholding this quarter, witnessing a decline of -0.18 % in stakeholding compared to the previous quarter.Pranav Niranjan Pandya Huf . faced a downturn in stakeholding this quarter, witnessing a decline of -0.11 % in stakeholding compared to the previous quarter.Kruti Pranav Pandya faced a downturn in stakeholding this quarter, witnessing a decline of -0.1 % in stakeholding compared to the previous quarter.Pratibhaben Mohanlal Desai faced a downturn in stakeholding this quarter, witnessing a decline of -0.09 % in stakeholding compared to the previous quarter.Aarti Prerak Shah faced a downturn in stakeholding this quarter, witnessing a decline of -0.06 % in stakeholding compared to the previous quarter.Prerak Pradyumna Shah faced a downturn in stakeholding this quarter, witnessing a decline of -0.05 % in stakeholding compared to the previous quarter.Pranav Niranjanbhai Pandya faced a downturn in stakeholding this quarter, witnessing a decline of -0.05 % in stakeholding compared to the previous quarter.Sapna Vishal Vasu faced a downturn in stakeholding this quarter, witnessing a decline of -0.05 % in stakeholding compared to the previous quarter.Vishal Nagendra Vasu faced a downturn in stakeholding this quarter, witnessing a decline of -0.04 % in stakeholding compared to the previous quarter.Jayshreeben Jagdishbhai Shah faced a downturn in stakeholding this quarter, witnessing a decline of -0.03 % in stakeholding compared to the previous quarter.Jaimin Jagdishbhai Shah Huf . faced a downturn in stakeholding this quarter, witnessing a decline of -0.02 % in stakeholding compared to the previous quarter.Vishal Vasu Huf faced a downturn in stakeholding this quarter, witnessing a decline of -0.03 % in stakeholding compared to the previous quarter.Rakhi Jagadishbhai Shah faced a downturn in stakeholding this quarter, witnessing a decline of -0.01 % in stakeholding compared to the previous quarter.LT1 Inc had no shares in the previous quarter but now holds 3.77% of shares in the current quarter.Lt1 Inc had 3.83% of shares in the previous quarter but exited in the current quarter.
Shareholder Name Previous Quarter Quantity (In Crores) Current Quarter Quantity (In Crores) Previous Quater Shares (in %) Current Quater Shares (in %) Quater-to-Quater Difference (%)
Directors and their relatives (excluding independent directors and nominee directors) 0.010 0.010 0.46 0.45 -0.01 %
Relatives of promoters (other than ‘immediate relatives’ of promoters disclosed under ‘Promoter and Promoter Group’ category) 0.010 0.010 0.44 0.43 -0.01 %
Resident Individuals holding nominal share capital up to Rs. 2 lakhs 0.304 0.341 13.73 15.16 + 1.43 %
Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs 0.150 0.145 6.79 6.43 -0.36 %
Non Resident Indians (NRIs) 0.010 0.011 0.43 0.5 + 0.07 %
Bodies Corporate 0.069 0.071 3.12 3.15 + 0.03 %
Any Other (specify) 0.082 0.083 3.72 3.68 -0.04 %
HUF 0.053 0.053 2.37 2.34 -0.03 %
Niraj Rajnikant Shah 0.023 0 1.04 0 -1.04%
Observations show a significant difference of -0.01 % in Directors and their relatives (excluding independent directors and nominee directors)’s financial performance between quarters.Observations show a significant difference of -0.01 % in Relatives of promoters (other than ‘immediate relatives’ of promoters disclosed under ‘Promoter and Promoter Group’ category)’s financial performance between quarters.Leading the way to higher stakeholding, Resident Individuals holding nominal share capital up to Rs. 2 lakhs has significantly boosted stakeholding by an impressive 1.43 %.Observations show a significant difference of -0.36 % in Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs’s financial performance between quarters.Leading the way to higher stakeholding, Non Resident Indians (NRIs) has significantly boosted stakeholding by an impressive 0.07 %.Leading the way to higher stakeholding, Bodies Corporate has significantly boosted stakeholding by an impressive 0.03 %.Observations show a significant difference of -0.04 % in Any Other (specify)’s financial performance between quarters.Observations show a significant difference of -0.03 % in HUF’s financial performance between quarters.Niraj Rajnikant Shah had 1.04% of shares in the previous quarter but exited in the current quarter.

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