DEV Information Technology Ltd

Dev Information Technology announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 18 November 2025.Powered by Capital Market - Live

Dev Information Technology will hold a meeting of the Board of Directors of the Company on 18 October 2025.Powered by Capital Market - Live

The WebMyWay project involves the development, maintenance, and support of portals and websites to ensure responsive, mobile-friendly delivery of departmental information. The in-house CMS allows centralized updates for creating websites, pages, and sections, supporting over 82 macro portals and 742 microsites. Dev Information Technology (Dev IT) is in the business of providing IT-enabled services. The company's consolidated net profit fell 40.2% to Rs 2.11 crore on a 21.2% rise in revenue from operations to Rs 42.99 crore in Q1 FY26 over Q1 FY25.Powered by Capital Market - Live

Dev Information Technology, post effectiveness of the Stock Split from Rs.5 per share to Rs.2 per share has revised the Final Dividend declared earlier on 29th May 2025 from Rs. 0.25 per Equity share of face value of Rs.5 each (5%) to Rs.0.1 per equity share of face value of Rs.2 each (5%).Powered by Capital Market - Live

Dev Information Technology has been awarded a significant order form National Informatics Centre Services Incorporated (NICSI). The Project, titled 'Cooperative Management System 2.0 (Raj Sahakar),' involves the development, enhancement, and maintenance of the CM OTS 2025 module under the Cooperative Management System (Raj Sahakar) initiative of Rajasthan State Government. This project aims to streamline and digitize the settlement of overdue loans in cooperative societies through the specified module. The total contract value is approximately Rs 40 lakhs, with a projected timeline of twelve months approximately for completion.Powered by Capital Market - Live

Dev Information Technology announced that the 28th Annual General Meeting(AGM) of the company will be held on 30 September 2025.Powered by Capital Market - Live

The IPO comprises fresh issue of 2,35,00,000 equity shares with a face value Rs 2 each, with proposed listing on both the NSE and BSE. The company intends to utilize the net proceeds from the IPO in a structured manner. About Rs 73.11 crore will be allocated towards capital expenditure for fit-outs in the proposed centers, while Rs 35 crore will be used for repayment or prepayment of specific borrowings. The balance amount will be deployed for general corporate purposes, including strategic initiatives, marketing and brand building, payment of lease liabilities, acquisition of fixed assets, business development, and other corporate requirements. The issue includes a reservation for Dev Information Technology (Dev IT) shareholders, with upto 329,000 equity shares with a face value Rs 2 each allocated to them. Additionally, up to 164,500 equity shares with a face value of Rs 2 each reserved for the employees of Dev IT. Dev Information Technology (Dev IT) is in the business of providing IT-enabled services. The company's consolidated net profit fell 40.2% to Rs 2.11 crore on 21.2% rise in revenue from operations to Rs 42.99 crore in Q1 FY26 over Q1 FY25.Powered by Capital Market - Live

GIL, a Government of Gujarat undertaking under the Department of Science and Technology, has awarded the project for the deployment of the Microsoft Office suite, comprising office automation software tools. These tools will be implemented by DEV IT at the Chief Minister's Office to enhance the analytical and review capabilities of reports generated by the Chief Minister Office, Gujarat Government. The total contract value is approximately Rs 65 lakh, with an execution timeline of around six months. The company clarified that its promoters, promoter group, and group companies have no interest in the awarding entity. It also confirmed that the transaction does not qualify as a related party transaction under applicable regulatory norms. Dev Information Technology (DEV IT) is in the business of providing IT-enabled services. The company's consolidated net profit fell 40.2% to Rs 2.11 crore on 21.2% rise in revenue from operations to Rs 42.99 crore in Q1 FY26 over Q1 FY25. Powered by Capital Market - Live

Dev Information Technology has secured a significant work order from RajCOMP Info Services, a Government of Rajasthan undertaking. The project, titled 'Portal Websites,' involves the delivery of comprehensive IT/ITeS and software development services. The scope of work includes enhancement of integrated web portals and applications to ensure improved responsiveness and mobile compatibility across Government digital platforms. Key deliverables include development using the Adobe Experience Manager platform along with associated mobile application components. The total contract value is approximately Rs 1.06 crore, with a projected timeline of twelve months approximately for completion. As of the date of this communication, Dev Information Technology holds active work orders valued at Rs 50 crore approximately from various Government entities across India. Powered by Capital Market - Live

Dev Information Technology (DEVIT) has secured a significant work order from its esteemed client, RajCOMP Info Services. The scope of the engagement includes providing IT/ITeS and Software Development Services to the Factories and Boilers Inspection Department, Government of Rajasthan, under the initiative titled the 'Raj Feb' Project. The project is aimed at enhancing the enforcement of the Factories Act, 1948, and the Boilers Act, 1923, with a focus on promoting safety, health, and welfare of workers. The total contract value is approximately Rs 1.02 crore, and the project is scheduled to be completed over a period of approximately fourteen months.Powered by Capital Market - Live