Dev Information Technology stock split 2025

DEVIT

110

1.19 (1.09%)
Last updated on 8 Aug, 2025 | 14:54 IST
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Dev Information Technology Stock Split

Split Ratio

2.5:1

Split Date

21-Aug-2025

Face Value Before Split

5

Face Value After Split

2

Dev Information Technology Split History

Split DateOld FVNew FV
21-Aug-202552

Upcoming Share Split of Indian Companies

View More
CompanyAnnouncementSplit Date
Dev Information Technology Ltd.25-Nov-202421-Aug-2025
India Glycols Ltd.30-May-202512-Aug-2025

Dev Information Technology FAQs

The number of shares you receive will depend on Dev Information Technology’s announced split ratio of 2.5:1. In a stock split, your existing shares are divided into smaller units based on the reduced face value of 2 while maintaining the same total investment value. For example, in a 2-for-1 split, you will receive two shares for every one share you own. The total value of your holdings remains the same, but the share price adjusts according to the split ratio.

The split shares will be automatically credited to your Choice Demat account. No action is needed from your side. The process follows by Dev Information Technology announcing the stock split on 21-Aug-2025. Any existing shares will be split according to the announced split ratio of 2.5:1. After new shares are credited to your demat account, trading in split shares will start on the ex-split date. If you hold physical share certificates, Dev Information Technology may issue updated ones.

Registered shareholders who own the stock on or before the record date set by Dev Information Technology are eligible. Your shares should be in dematerialised form and must be fully paid up. It’s important that you should have purchased shares before the ex-split date 21-Aug-2025. If you buy shares after this date, you may not receive the split shares.

After a stock split, the new shares of Dev Information Technology can take up to two working days from the record date to be credited to your demat account. These shares will not be visible in your account during this time. You can track the status through your Choice demat account or Dev Information Technology's corporate announcements.

Dev Information Technology’s stock split is not a taxable event, as it doesn’t change your total investment value. However, your cost per share is adjusted, which may impact capital gains tax when selling. Capital gains tax on stocks is structured as follows: Short-term Capital Gains (STCG): If shares are sold within one year, the STCG tax rate is 20%, excluding applicable surcharge and cess. Long-term Capital Gains (LTCG): If shares are sold after one year, the LTCG tax rate is 12.5% on earnings exceeding ₹1.25 lakh. For more clarity consult a tax professional for details.