Announced Wed, 22 Apr · 11:03 IST

Dev Information Technology Limited has informed the Exchange regarding 'Intimation regarding DEV IT Achieves All Six Microsoft Solutions Partner Designations, Entering Elite Tier of Global Partners pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015'.

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Price reaction · full curve 14 horizons · vs prior close
+15.0%1-day move
₹30.20
prior close
₹29.80
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AI summary

Dev Information Technology Limited and its wholly-owned subsidiary Dhyey Consulting Services Pvt. Ltd have achieved all six Microsoft Solutions Partner Designations, joining an elite group of selective partners in India. The six designations cover Modern Work, Azure Infrastructure, Digital & App Innovation, Data & AI, Security, and Business Applications. The company, which is CMMI Level 5 and ISO certified, says this achievement enhances its competitive edge in the global market. With strategic alignment to North American parent company XDuce, DEV IT plans to aggressively pursue mid-market and large-scale corporate contracts globally.

Likely market impact

This milestone positions DEV IT as a full-stack Microsoft partner capable of attracting larger enterprise contracts. While no immediate revenue impact is specified, achieving elite partner status could drive new business acquisition and strengthen the company's ability to compete for international projects.