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.
Dev Information Technology Limited has secured a prestigious work order from National Informatics Centre Services Incorporated (NICSI), acting on behalf of the Lok Sabha Secretariat in New Delhi. The contract involves the design, development, implementation, and maintenance of application software and websites. The order is valued at approximately ₹79.63 Lakhs (about ₹0.8 crore), with a fixed-cost nature and a duration of 6 months. This is a domestic government contract and is not a related party transaction, with no promoter interest in the awarding entity.
This is a positive development as it strengthens DEV IT's position as a trusted digital solutions partner for the government/public sector. The order value, while modest, represents a notable contract win from a high-profile client like the Lok Sabha Secretariat, which could positively influence investor sentiment.