Announced Wed, 11 Jun · 12:33 IST

Dev Information Technology Limited has informed the Exchange about securing a noteworthy work order from our prestigious client for Development of EEMS 2.0 Application & Operation and Maintenance.

Govt Defence OrderBusiness Updates View source PDF

DEVIT · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Dev Information Technology Ltd has secured a work order worth approximately ₹2.90 crores from RajCOMP Info Services Ltd., the nodal ICT entity of the Rajasthan Government. The project covers development of the Employment Exchange Management System (EEMS) 2.0 Application along with operation and maintenance for about 3 years. It falls under the Department of Skill, Employment and Entrepreneurship, Government of Rajasthan, supporting the Mukhyamantri Yuva Sambhal Yojana 2021, which helps jobseekers find jobs, enables employers to post jobs online, and supports timely disbursement of unemployment allowances. The contract is a domestic, fixed-cost deal with no related party involvement or promoter interest in the awarding entity.

Likely market impact

This adds a modest but visible revenue stream (₹2.90 crores over ~3 years) from a state government client, reinforcing the company's position in government digital transformation projects. Positive for sentiment given the long tenure, though the order size is small and may have a limited direct impact on the stock price.