Dev Information Technology secures order worth ₹73 Lakhs from HARTRON

1 min read     Updated on 07 Jul 2026, 06:05 AM
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Dev Information Technology secured a ₹73 Lakhs work order from HARTRON for the Haryana State Legal Knowledge System. The project includes a 4-5 month implementation phase and 3 years of maintenance.

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Dev Information Technology has secured a work order worth approximately ₹73 Lakhs from Haryana State Electronics Development Corporation Limited (HARTRON) for the design, development, implementation, and maintenance of the Haryana State Legal Knowledge System. The project, awarded by a State Government Undertaking, will serve the Chief Secretary Office, Government of Haryana. The total contract value is divided into ₹48.22 Lakhs for the design and implementation phase and ₹24.78 Lakhs for annual maintenance.

The engagement is a fixed-cost contract awarded by a domestic state entity. There are no interests held by the promoter, promoter group, or group companies in the entity awarding the order, and the transaction does not fall within related party transactions. The disclosure was submitted to the exchanges pursuant to Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.

Project Timeline and Scope

The execution of the order is divided into two distinct phases. The initial phase covers the design, development, deployment, and implementation as per the scope of work, which is expected to take approximately 4 to 5 months. Following the implementation, the contract includes an annual maintenance period of approximately 3 years.

Financial Breakdown of the Order

The financial details of the order are structured to cover the initial development and subsequent maintenance support.

Component Value
Design, development, deployment and implementation Approx. ₹48.22 Lakhs
Annual maintenance Approx. ₹24.78 Lakhs
Total Order Value Approx. ₹73.00 Lakhs

The disclosure was signed by Krisa Shah, Company Secretary and Compliance Officer of Dev Information Technology Limited, on July 6, 2026.

Historical Stock Returns for Dev Information Technology

1 Day5 Days1 Month6 Months1 Year5 Years
-0.29%-3.10%-3.84%-18.37%-41.22%+159.91%

Will this project serve as a reference model for Dev Information Technology to secure similar legal knowledge system contracts from other state governments?

How does the margin profile for annual maintenance contracts compare to the initial design and implementation phase for the company?

Does this order indicate a strategic pivot by Dev Information Technology towards specializing in governance and legal-tech solutions for the public sector?

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Dev Information Technology secures ₹2.79 Cr order from GIFTCL

1 min read     Updated on 02 Jul 2026, 05:33 AM
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Shriram SScanX News Team
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Dev Information Technology Limited secured a ₹2.79 crore work order from Gujarat International Finance Tec-City Company Limited (GIFTCL) to develop a multilingual web-portal and Digital Twin platform. The fixed-cost project, aimed at enhancing GIFT City's digital ecosystem, will be executed over approximately 2.5 years and is not a related party transaction.

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Dev Information Technology Limited has been awarded a work order worth approximately ₹2.79 Crores from Gujarat International Finance Tec-City Company Limited (GIFTCL). The engagement aims to transform GIFT City's digital ecosystem into a world-class communication and investor engagement platform, reinforcing its position as India's premier International Financial Services Centre (IFSC). The project encompasses the design, development, deployment, implementation, and maintenance of a modern, secure, and scalable multilingual web-portal, along with the development of an interactive Digital Twin platform.

The order was intimated to the exchanges pursuant to Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015. The scope of work includes Web-Portal Development, Digital Twin Platform, Content Creation & Localization, System Integrations, Performance & SEO, and Support & Maintenance.

Order Details

The contract is a fixed-cost engagement awarded by a domestic state entity. The execution period for the project is approximately 2.5 Years. The company confirmed that the order does not fall within related party transactions and that the promoter, promoter group, or group companies have no interest in the entity awarding the order.

Parameter Details
Entity Awarding Order: Gujarat International Finance Tec-City Company Limited (GIFTCL)
Nature of Order: Fixed cost
Time Period: Approximately 2.5 Years
Order Value: Approx. ₹2.79 Crores
Domestic/International: Domestic

Historical Stock Returns for Dev Information Technology

1 Day5 Days1 Month6 Months1 Year5 Years
-0.29%-3.10%-3.84%-18.37%-41.22%+159.91%

How will the successful execution of this project position Dev Information Technology to secure similar large-scale government or infrastructure contracts in the future?

What are the potential revenue recognition milestones for the company over the 2.5-year execution period?

Could the development of the Digital Twin platform open up new revenue streams in other sectors such as smart cities or industrial IoT?

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