Dev Information Technology Secures ₹2.79 Crore Order from GIFTCL for GIFT City Web Portal and Digital Twin Platform

Dev Information Technology Limited has secured a significant work order from Gujarat International Finance Tec-City Company Limited (GIFTCL) for the design, development, and implementation of the GIFT City web portal, complete with a Digital Twin platform and digital walkthrough experience for citizens. The disclosure was made pursuant to Regulation 30(4) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 22, 2023.

Order Overview

The project is aimed at creating a centralized, technology-driven platform that enables real-time visualization, project monitoring, and enhanced citizen engagement through advanced digital interfaces. The order is domestic in nature, awarded by a State entity, and structured as a fixed-cost contract. An AMC support period post go-live has also been included to ensure continuous operation and enhancements.

The key details of the order are summarized below:

Parameter:	Details
Awarding Entity:	Gujarat International Finance Tec-City Company Limited (GIFTCL)
Nature of Order:	Fixed Cost
Domestic / International:	Domestic (State) Entity
Order Value:	Approx. ₹2.79 Crores (excluding GST)
Execution Period:	Approximately 2 Years
Related Party Transaction:	No
Promoter Interest in Awarding Entity:	No

Scope of Work

The scope of the order encompasses the end-to-end design, development, and implementation of the GIFT City web portal alongside a Digital Twin platform. Key deliverables include:

Development of a centralized, technology-driven web portal for GIFT City
Implementation of a Digital Twin platform enabling real-time visualization and project monitoring
Integration of a digital walkthrough experience for citizens
Enhanced citizen engagement through advanced digital interfaces
AMC support period post go-live for continuous operation and enhancements

Compliance and Disclosures

Dev Information Technology confirmed that the promoter and promoter group have no interest in GIFTCL, and the order does not fall within the purview of related party transactions. The intimation was signed by Krisa Shah, Company Secretary and Compliance Officer, from Ahmedabad.

Dev Information Technology Limited has announced a significant technological and corporate milestone by achieving all six Microsoft Solutions Partner Designations through its wholly owned subsidiary Dhyey Consulting Services Pvt. Ltd. The announcement, made on April 23, 2026, pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, places the company within an elite group of selective partners in India to hold the complete suite of Microsoft specializations.

Strategic Partnership Achievement

This achievement reinforces Dev Information Technology's position as a high-maturity, global IT service provider capable of delivering end-to-end digital transformation solutions. The company's comprehensive expertise across the entire Microsoft ecosystem enables it to serve SMBs, SMEs, and large-scale enterprises with advanced technology solutions.

Designation:	Expertise Area
Modern Work:	Hybrid work environments and secure productivity tools
Azure Infrastructure:	Complex cloud migrations and optimized infrastructure management
Digital & App Innovation:	Bespoke digital platforms and modernized software solutions
Data & AI:	Business intelligence and AI-driven insights transformation
Security:	Zero-Trust resilience and digital security solutions
Business Applications:	Microsoft Dynamics 365 for operational efficiency

Leadership Commentary and Market Impact

Commenting on the development, Mr. Pranav Pandya, Chairman, Dev Information Technology Limited, stated: "This achievement is a testament to the technical excellence of our delivery teams and our commitment to a customer-centric sales approach. It solidifies DEV IT's role as a trusted, value-based, end-to-end IT partner for organizations worldwide."

As a CMMI Level 5 and ISO-certified organization, this milestone significantly enhances the company's competitive edge in the global market. The complete Microsoft certification portfolio, combined with the company's strategic alignment with North American parent company XDuce, positions the firm to pursue mid-market and large-scale corporate contracts globally.

Financial Performance and Company Profile

The company's strong operational foundation is reflected in its latest financial performance. In Consolidated FY25, Dev Information Technology reported robust results across key metrics:

Financial Metric:	FY25 Performance
Total Income:	₹ 1,839.09 Mn
EBITDA:	₹ 237.18 Mn
Net Profit:	₹ 147.80 Mn

Founded in 1997 and listed on NSE & BSE, the company is certified to ISO 20000, ISO 27001, ISO 9001 & CMMI Level 5 standards. Headquartered in Ahmedabad with offices across India and Canada, Dev Information Technology has evolved from a small-scale business automation software solutions provider into a global IT services powerhouse. The company offers comprehensive services including Cloud Services, Digital Transformation, Enterprise Applications, Managed IT Services, and Application Development, along with proprietary products Talligence and ByteSigner.