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 (DEVIT) has secured a significant work order from NICSI on behalf of the Pharmacy Council of India (PCI), a statutory body of the Government of India. The order involves designing, developing, integrating, and maintaining software applications/platforms along with cybersecurity services for PCI's existing IT infrastructure. It also covers the web-based National Pharmacists Registration Tracking System. The total order value is approximately INR 26 Crore with a fixed cost structure and execution timeline of approximately 3 years. The order is domestic in nature and does not involve any related party transactions.
This is a notable government order worth INR 26 crore for a mid-sized IT company, representing a potentially significant revenue opportunity. Being awarded by a government statutory body enhances credibility, though the exact impact depends on DEVIT's current annual revenue size.