NSEPress Release20 Aug 2026 · 20 Aug 2026, 05:07 pm
Press Release
Dev Information Technology Limited · DEVIT
✦ AI Summary▲ PositiveOrder Win
Dev Information Technology Limited has secured a ₹5.15 crore order from National Informatics Centre Services Incorporated (NICSI) for the Directorate of Treasuries and Accounts, Government of Rajasthan, Jaipur. The project involves the development and implementation of IFMS 3.0 Web and Mobile Applications for the Finance Department of the Government of Rajasthan.
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Full Announcement
Dev Information Technology Limited has informed the Exchange regarding a press release dated August 20, 2026, titled "Intimation Regarding Press Release".
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Dev Information Technology Limited
Reg. Office: 14, Aaryans Corporate Park, Near Shilaj Railway Crossing,
Thaltej-Shilaj Road, Thaltej, Ahmedabad - 380 059. (INDIA)
Phone: +91 94298 99852 / 53
www.devitpl.com | info@devitpl.com
Offices: Gujarat | Maharashtra | Rajasthan | Canada
CIN: L30000GJ1997PLC033479
Date: 20th August, 2026
To, To,
The Manager-Listing Department, The Secretary,
The National Stock Exchange of India BSE Limited
Limited, Phiroze Jejeebhoy Towers,
Exchange Plaza, Plot No. C/1, G-Block, Dalal Street
Bandra Kurla complex,Bandra East, Mumbai -400001
Mumbai-400 051
Trading Symbol: 543462
Trading Symbol: DEVIT
Subject: Press Release:
Ref.: Regulation 30 (Disclosure of event or information) of Securities and Exchange Board
of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Dear Sir/Madam,
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 we are enclosing herewith the copy of the press release titled “DEV IT Bags
Another ~₹5.15 Crore Order from NICSI”.
Kindly take the above information on your records.
Thanking you,
On behalf of Board of Directors
DEV INFORMATION TECHNOLOGY LIMITED
Krisa Shah
(Company Secretary and Compliance Officer)
Place: Ahmedabad
Encl.: a/a
Cloud | Managed IT | Digital | Enterprise | Business | Mobile
Services Services Transformation Applications Applications Applications
DEV IT Bags Another ~₹5.15 Crore Order from NICSI
Ahmedabad – August 20, 2026 – Dev Information Technology Limited (DEV IT), (NSE – DEVIT, BSE -
543462 | INE060X01034), a global IT services company offering Cloud Services, Digital Transformation,
Enterprise Applications, and Managed IT Services has secured a work order worth approximately ₹5.15
crore from National Informatics Centre Services Incorporated (NICSI) for the Directorate of Treasuries
and Accounts, Government of Rajasthan, Jaipur.
The order is for the development and implementation of IFMS 3.0 Web and Mobile Applications for the
Finance Department of the Government of Rajasthan. The project is a domestic state order and is
expected to be executed within approximately six months.
The project scope includes the development and implementation of key Finance Department
functionalities, covering but not limited to Pension Management, Employee Management, Works &
Accounts Management, Salary Management, Grant-in-Aid and other related components.
With this order, DEV IT continues to add to its order pipeline and maintain momentum in securing projects
from government institutions. The growing adoption of digital platforms, technology-enabled public
services and IT-led modernisation across government departments provides a broader operating
environment for companies offering application development, digital transformation and technology
solutions.
Commenting on the Order Win, Mr. Pranav Pandya, Chairman, Dev Information Technology Limited,
said: “This order for the development and implementation of IFMS 3.0 Web and Mobile Applications
adds to our portfolio of government technology projects and provides an opportunity to deploy our
capabilities across key Finance Department functions. The project also adds to our engagement with
government institutions in the digitalisation of public-sector processes. With increasing adoption of
technology and digital platforms across government departments, such projects provide a relevant
operating environment for our enterprise application and digital transformation capabilities.”
About Dev Information Technology Limited
Dev Information Technology Limited (DEV IT), founded in 1997, listed on NSE & BSE, and certified to ISO
20000, ISO 27001, ISO 9001 & CMMI Level 5, has evolved from a small-scale business automation software
solutions provider into a global IT services powerhouse. Over the years, the company has empowered
businesses worldwide with a blend of information technology, innovation, and digital transformation.
Headquartered in Ahmedabad, with offices across India and Canada, the company emphasises
continuous innovation, quality, streamlined processes, and technological prowess. The company’s people-
and client-centric approach involves collaborating with clients globally to understand their specific goals
and to empower them to achieve their business objectives.
The company offers a comprehensive end-to-end range of services, including Cloud Services, Digital
Transformation, Enterprise Applications, Managed IT Services, and Application Development. The
company’s products comprise Talligence, an accounting data analytics platform, and ByteSigner, a digital
signing solution.
With its foundation in one of India’s fastest-growing metros, the company has continuously evolved to
meet the dynamic demands of the IT industry. The leadership, comprising experienced professionals,
drives the company towards achieving its vision of empowering businesses worldwide through cutting-
edge technology solutions. The company's steadfast commitment to innovation, quality, and client
satisfaction underpins its growth and success in the IT services sector.
In conclusion, the company remains dedicated to driving digital transformation and delivering
unparalleled value to its clients. As the company moves forward, it continues to embrace new challenges
and opportunities, solidifying its position as a leader in the IT services sector. www.devitpl.com
In Consolidated FY26, the company reported Total Income of ₹193.50, EBITDA of ₹7.23 and Net Profit of
₹75.60.
Disclaimer
Certain statements in this document that are not historical facts are forward looking statements. Such
forward-looking statements are subject to certain risks and uncertainties like government actions, local,
political or economic developments, technological risks, and many other factors that could cause actual
results to differ materially from those contemplated by the relevant forward-looking statements. The
Company will not be in any way responsible for any action taken based on such statements and
undertakes no obligation to publicly update these forward-looking statements to reflect subsequent
events or circumstances.
For Further Information Please Contact
Kirin Advisors Private Limited
Sunil Mudgal – Director
sunil@kirinadvisors.com
+91 98692 75849
www.kirinadvisors.com