Dev Information Technology Secures ₹79.63 Lakhs Order from NICSI for Lok Sabha Secretariat

1 min read     Updated on 09 May 2026, 03:42 AM
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AI Summary

Dev Information Technology Limited secured a ₹79.63 Lakhs order from NICSI for the Lok Sabha Secretariat. The 6-month project involves the design and maintenance of application software and websites. The contract is a fixed-cost domestic engagement with no related party interests.

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dev information technology has announced that it has been awarded a significant work order from the National Informatics Centre Services Incorporated (NICSI) on behalf of the Lok Sabha Secretariat, New Delhi. The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This new engagement underscores the company's capabilities in delivering secure digital solutions to the public sector.

Project Scope and Details

The awarded contract focuses on the design, development, implementation, and maintenance of application software and websites. This project serves as a validation of the company's technical expertise and its position as a trusted partner for large-scale digital initiatives. The nature of the contract is fixed cost, and it has been awarded by a domestic state entity.

Financial and Operational Overview

The order carries a total value of approximately ₹79.63 Lakhs. The company has outlined the execution timeline for this project to be approximately six months. The details regarding the order confirm that there are no interests held by the promoter, promoter group, or group companies in the entity that awarded the contract. Furthermore, the transaction does not fall within related party transactions.

Key Order Particulars

Particular Details
Entity Awarding Order National Informatics Centre Services Incorporated (NICSI) on behalf of Lok Sabha Secretariat, New Delhi
Project Scope Design, Development, Implementation & Maintenance of Application Software and Websites
Order Value ₹79.63 Lakhs
Duration 6 Months
Nature of Order Fixed Cost
Domestic/International Domestic

The company confirmed that the broad consideration for the contract is approx. ₹79.63 Lakhs. Krisa Shah, the Company Secretary and Compliance Officer, signed the disclosure on behalf of Dev Information Technology Limited from the company's registered office in Ahmedabad.

Could this NICSI-Lok Sabha Secretariat project serve as a reference contract to help Dev Information Technology secure larger government digital infrastructure deals in the future?

How might successful execution of this fixed-cost contract impact Dev Information Technology's margins, given the inherent cost overrun risks in software development projects?

Is Dev Information Technology positioning itself as a specialist in parliamentary or legislative body IT solutions, and are there similar opportunities with Rajya Sabha or state legislatures?

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

1 min read     Updated on 08 May 2026, 03:04 AM
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AI Summary

Dev Information Technology Limited has been awarded a work order valued at approximately ₹2.79 Crores (excluding GST) by Gujarat International Finance Tec-City Company Limited (GIFTCL) for the design, development, and implementation of the GIFT City web portal along with a Digital Twin platform and digital walkthrough experience. The fixed-cost, domestic contract is to be executed over approximately 2 years, followed by an AMC support period post go-live. The order does not constitute a related party transaction, and the promoter group holds no interest in the awarding entity. The disclosure was made under Regulation 30 of SEBI (LODR) Regulations, 2015.

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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.

Could this GIFT City Digital Twin project serve as a blueprint for similar smart city initiatives across other Indian states, potentially opening new revenue streams for Dev Information Technology?

How might the successful delivery of this Digital Twin platform influence Dev Information Technology's ability to compete for larger smart infrastructure contracts from central government entities?

Given the 2-year execution period and AMC support clause, what is the likelihood of contract extensions or scope expansions that could significantly increase the total order value beyond ₹2.79 Crores?

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