The board approved the stock split of equity shares having a face value of Rs 5 each into such a number of shares having a face value of Rs 2 each fully paid up
Shares of microcap firm Dev Information Technology rose up to 10.12 per cent at Rs 168.10 a piece on the BSE in Friday's intraday deals
Dev IT share price rose after its subsidiary, Dev Accelerator Limited (DevX), filed a draft red herring prospectus (DRHP) for an initial public offering (IPO) aimed at expanding its coworking spaces.
The northward move in the stock price came on the back of the news that Prime Minister Narendra Modi has launched the Single Window IT System (SWIT) developed by Dev Information Technology