Dev Information Technology Limited has informed the Exchange about Bagging/Receiving of orders/contracts
DEVIT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Dev Information Technology Limited has secured an order worth approximately ₹1.90 crore from the Directorate of Food and Civil Supplies, an undertaking of the Food Civil Supplies and Consumer Affairs Department, Government of Gujarat. The order involves providing a Relational Database Management System (RDBMS) platform to support several government digital portals and apps, including e-Rasan, My Ration Mobile App & Portal, Direct Benefit Transfer (DBT) Portal, and Jan Seva & Digital Sevasetu App. The contract is fixed-cost in nature, purely domestic, and is to be executed in approximately 2 months. There are no related party interests involved, as the order has been awarded by a government entity at arm's length.
This is a modest but positive order win from a government client, adding to DEVIT's order book and reinforcing its presence in government digital transformation projects. The size (~₹1.9 crore) is small relative to typical IT contract wins, so the immediate impact on stock price is likely limited, but it strengthens the company's credibility in state-level e-governance work.