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 (DEVIT) has secured a work order worth approximately ₹82 Lakhs from RajCOMP Info Services Ltd, a Government of Rajasthan undertaking. The project, named 'WebMyWay', involves development, maintenance, and support services for web portals and websites, using an in-house CMS product that currently manages over 82 macro portals and 742 microsites. The contract is fixed-cost, purely domestic, and has a timeline of approximately 12 months for completion. The order is not a related-party transaction and there is no promoter interest in the awarding entity. Dev IT provides cloud, managed IT, digital transformation, and enterprise application services, with offices in Gujarat, Maharashtra, Rajasthan, and Canada.
For shareholders, this is a positive development showing continued order inflow from a government client, but the ₹82 Lakhs size is modest relative to typical IT services revenues and unlikely to materially move the stock price on its own. It reinforces the company's relationship with state government clients and recurring digital services portfolio.