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

*this image is generated using AI for illustrative purposes only.
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?

































