DEVIT Wins Rs Seven Point Three mn HARTRON Contract
The contract value comprises two main components, with Rs four point eight two mn allocated for design, development, deployment and implementation as per the scope of work, and Rs two point four eight mn for annual maintenance. The initial delivery phase for design, development, deployment and implementation is scheduled to be completed within four to five months. The subsequent maintenance phase will run for three years.
The company said the order aligns with its managed IT services and enterprise application offerings and is expected to support digital legal knowledge access for the state administration. The engagement reinforces DEVIT's presence in government technology projects and adds to the company's domestic order book. The promoter and promoter group have no interest in the contracting entity and the transaction does not constitute a related party transaction.
The intimation has been submitted under Regulation thirty of the Securities and Exchange Board of India listing obligations and disclosure requirements and follows the prescribed circulars for disclosure. The filing was signed by the company secretary and compliance officer on behalf of the firm. Investors and stakeholders can refer to the filed annexure for contractual details and timelines provided by the company. The company provided contact details and its registered office in Ahmedabad in the disclosure.