DEV IT Secures ₹73 Lakh Order from Haryana State Electronics Development Corporation
DEV IT secured a work order worth ₹73 Lakhs from HARTRON for the Haryana State Legal Knowledge System. The project includes design, development, and maintenance over 4-5 months, with a 3-year maintenance contract.
The order value of ₹73 Lakhs is relatively small compared to the overall size and revenue of the company, indicating a low impact on its financial performance.
The company has secured a new order, which is a positive development for business growth.
Dev Information Technology Limited has announced that it has been awarded a work order by Haryana State Electronics Development Corporation Limited (HARTRON) for the Design, Development, Implementation, and Maintenance of the Haryana State Legal Knowledge System for the Chief Secretary Office, Government of Haryana.
The total value of the order is approximately ₹73 Lakhs. This includes ₹48.22 Lakhs for the design, development, deployment, and implementation, which is expected to take approximately 4 to 5 months. Additionally, there is an annual maintenance component valued at approximately ₹24.78 Lakhs, spanning approximately 3 years.
The company confirmed that this order does not fall within related party transactions and that its promoters or group companies have no interest in HARTRON.
What to do with a filing like this
Dev Information Technology Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
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See the model portfoliosA plain-language summary of a public exchange filing by Dev Information Technology Limited. Read the original for the full detail.