Dividend stocks: IT stocks Dev Information Technology Ltd has set a board meeting date to announce Q2 FY25 results and consider an interim dividend.
Dev Information Technology Ltd revealed in an exchange release that the board meeting will be held on November 12, 2024.
Board meeting details
Dev Information Technology Ltd stated that a meeting of the company’s board of directors is scheduled to be held on Wednesday, November 13, 2024 at 4:00 pm at the company’s registered office.
The meeting agenda represented by Dev Information Technology is
1. Review and approve the Company’s unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2024 and the Limited Review Report.
2. Consider and recommend the interim dividend (if any) ratio on the company’s equity capital for the financial year 2024-25.
3. Consider any other agenda with the consent of the Chairman
This is good news as Dev IT is likely to reward investors with dividends, having announced a few days ago that it has secured major contracts across industries.
Orders received by Dev IT
Dev It said that one of the orders it received was to “enhance IT infrastructure for a leading chemical products company” and the order size was $3.1 million or $Rs 31 Lakh (plus additional monthly Azure consumption) $ 150,000).
Another order received by Dev IT includes the drive to modernize public sector units, Order Sizeof $1.2 manganese or $1.2 million. In addition to an order to deliver a digital transformation program for a major financial advisory firm, other orders earmarked by Dev include a data and analytics partnership with a leading real estate developer
Dev IT is a global IT and ITeS company providing cloud services, digital transformation, enterprise applications and managed IT services
