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 Ltd (DEVIT) has bagged a work order worth approximately ₹1.16 crore from RajCOMP Info Services Ltd, a Rajasthan state government entity. The project involves building a centralized middleware Enterprise Service Bus called 'Raj Sewa Dwaar' that will connect various government department applications using IBM technologies (API Connect, DataPower, Integration, Advanced Developer Portal). The contract is fixed-cost in nature and will be executed over a period of approximately 2 years. The order is domestic, has no related party involvement, and no promoter group interest in the awarding entity.
This is a small-ticket order that adds to the company's order book but is unlikely to be a material revenue driver or major stock catalyst on its own. The state government client adds some credibility and recurring business potential, but the order size suggests limited immediate impact on earnings.