Dev Information Technology has secured a substantial order worth ₹29 lakhs from Gujarat International Finance Tec-City for AutoCAD license with a 3-year subscription. The company announced this development through a regulatory filing under SEBI Regulation 30, highlighting the strategic importance of this contract for the technology services provider.

Order Specifications and Technical Features

The contract encompasses comprehensive AutoCAD licensing services with advanced technical capabilities. The solution includes an integrated BIM platform supporting architectural design, structural engineering, MEP, and construction workflows. Key technical features include 2D drafting and 3D modelling capabilities, AI-based features like Smart Blocks, Markup Import, and automation tools, along with cost-effective drafting capabilities for zoning drawings, layouts, and regulatory documents.

Regulatory Compliance and Disclosure

The announcement was made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that this order does not involve any related party transactions and was awarded at arm's length. No promoter or group companies have any interest in the awarding entity, ensuring complete transparency in the business arrangement.

Strategic Business Impact

This order represents Dev Information Technology's continued engagement in providing specialized software licensing solutions to major infrastructure and financial hubs. GIFT City, being India's first operational smart city and international financial services centre, presents significant opportunities for technology service providers. The 3-year subscription model ensures sustained revenue generation and long-term client relationship building for the company.

Implementation Framework

The project will be executed within the Domestic Tariff Area of GIFT City, which serves as a crucial component of the broader GIFT City ecosystem. The implementation focuses on providing comprehensive AutoCAD solutions that cater to the growing demand for computer-aided design solutions in modern business environments, particularly within the financial and technology sectors operating in GIFT City.

Dev information technology Limited has announced a significant milestone in its operational excellence journey, achieving the prestigious CMMI Maturity Level 5 rating for Development. This achievement represents the highest level of organisational maturity under the internationally recognised Capability Maturity Model Integration (CMMI) framework.

CMMI Level 5 Achievement Details

The appraisal was conducted by CUNIX Quality and Management Pvt. Ltd., confirming DEV IT's successful assessment at Maturity Level 5, Version 3.0 of the CMMI Institute's framework. This rating signifies that the company operates at an 'optimising' level, where performance is continuously improved through a quantitative, data-driven approach to process management.

The CMMI Level 5 rating demonstrates that DEV IT uses statistical and predictive modelling techniques to enhance efficiency, improve predictability, and drive superior business outcomes. This achievement reinforces the company's ability to meet stringent national and international project requirements.

Leadership Perspectives on the Achievement

Company leadership expressed their pride in achieving this significant milestone, highlighting various aspects of the accomplishment:

Mr. Pranav Pandya, Co-Founder and Chairman, emphasized that this achievement reflects DEV IT's ongoing commitment to excellence in process improvement, innovation, and the delivery of high-quality solutions to clients.

Mr. Vishal Vasu, Chief Technology Officer and Whole-time Director, noted that the rating indicates the company's quantitative approach to process management and performance needs, leveraging statistical and predictive modelling techniques to drive business outcomes and enhance efficiency.

Mr. Prerak Shah, Whole-time Director and Joint CEO, described the CMMI Level 5 appraisal as a testament to the team's hard work and dedication to operational excellence and agility, reinforcing their ability to provide predictable, high-quality solutions on time and within budget.

Mr. Jaimin Shah, Co-Founder and Managing Director, highlighted that this achievement underscores DEV IT's position as a global leader in providing solutions across multiple technology domains.

Company Profile and Capabilities

Founded in 1997 and headquartered in Ahmedabad, India, Dev Information Technology Limited operates as a global information technology services and solutions company listed on both the National Stock Exchange and the Bombay Stock Exchange. The company has evolved from a small business automation software provider into a diversified IT and ITeS provider with a strong global footprint, including offices in India and Canada.

DEV IT offers proprietary products including Talligence, an AI-powered business intelligence and analytics platform, and ByteSigner, a bulk digital document signing solution supporting paperless workflows. The company maintains ISO certifications (ISO 9001, 20000, 27001) and holds strategic partnerships as Microsoft Gold Partner and AWS consulting partner.

Financial Performance and Market Presence

In Consolidated FY25, the company reported strong financial performance across key metrics:

DEV IT serves a diverse client base across North America, Europe, the Middle East, and India, continuing to expand its capabilities to meet evolving enterprise technology needs. The CMMI Level 5 achievement further strengthens the company's position in the global technology services market, demonstrating its commitment to delivering measurable business outcomes through process excellence and innovation.