Dev Information Technology Limited has decided to withdraw its proposed preferential issue of up to 1,50,00,000 warrants convertible into equity shares at ₹45.45 per warrant. This decision was made during a Board of Directors meeting held on December 26, 2025. The withdrawal is attributed to ongoing strategic business restructuring and potential collaborations aimed at sharpening business focus and enhancing operating efficiencies. The management believes that proceeding with the preferential issue at this juncture may not be appropriate given the evaluation of strategic alternatives and their potential impact on capital requirements. The Board considers it prudent to reassess the timing, quantum, and structure of any future capital-raising exercise. The company assures that this withdrawal does not affect its existing operations, commitments, or ability to meet financial obligations. Dev Information Technology Limited remains committed to transparent disclosures and will inform stakeholders of any material developments.