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DEV INFORMATION TECHNOLOGY LIMITED — Capital/Financing Update 2025
Jul 3, 2025
59295_rns_2025-07-03_8003095e-4cc6-49c1-b968-cb4d26b7e650.pdf
Capital/Financing Update
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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 | [email protected]
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Offices: Gujarat | Maharashtra | Rajasthan | Canada CIN: L30000GJ1997PLC033479
Date: 3[rd] July, 2025
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, Mumbai -400001 Bandra East, Mumbai-400 051 Trading Symbol: DEVIT Trading Symbol: 543462
Subject: Intimation with regards to “DEV IT secures order from Alivus Lifesciences” pursuant to Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015
Dear Sir/Madam,
Pursuant to regulation 30(4) of the SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015 and SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July13, 2023 and pursuant to the Press Release submitted by the company dated 02[nd] July, 2025, we are pleased to inform you that Dev Information Technology Ltd (DEVIT) Secured Major Order Worth Rupees 4.4 Crore for IT Deal with “Alivus Lifesciences”.
DEVIT has secured significant orders worth approximately ₹4.4 crore from Alivus Lifesciences Limited. The engagement includes a significant order of ₹3.60 crore for Microsoft Select Plus perpetual licenses. DEVIT also secured a direct order of ₹80 lakh from Alivus Lifesciences for a suite of enterprise software solutions, including Microsoft, Zoho, Adobe, and TeamViewer products.
The details of the order as per SEBI has been annexed herewith this letter.
Kindly take the note of above information on record and oblige.
Thanking you, Yours faithfully,
For DEV INFORMATION TECHNOLOGY LIMITED,
KRISA KAIRAV SHAH
Digitally signed by KRISA KAIRAV SHAH DN: c=IN, o=Personal, title=2582, pseudonym=CDCD7FC7D81194322A5D754479A99121, 2.5.4.20=85084771729dcbf53eeb59ca8816c302300d8440cb27 e3444c7c94d4181b4266, postalCode=380007, st=Gujarat, serialNumber=0D148FB642AD1A5177D6AC789F641CE2A46A0 172B9661A7716658794938A1AF0, cn=KRISA KAIRAV SHAH Date: 2025.07.03 14:35:21 +05'30'
Krisa Shah
(Company Secretary and Compliance Officer)
Place: Ahmedabad
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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 | [email protected]
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Offices: Gujarat | Maharashtra | Rajasthan | Canada CIN: L30000GJ1997PLC033479
Annexure:1:
a) name of the entity awarding the order(s)/contract(s); - Alivus Lifesciences
b) significant terms and conditions of order(s)/contract(s) awarded in brief; - DEVIT has secured orders totaling approximately ₹4.4 crore from Alivus Lifesciences Limited. This includes a major engagement worth ₹3.60 crore for Microsoft Select Plus perpetual licenses. While the licenses will be billed directly by the Licensing Solution Partner, DEVIT played a pivotal advisory role in aligning Alivus Lifesciences’ IT infrastructure with the appropriate Microsoft licensing model. This emphasis DEVIT’s expertise in managing complex enterprise IT requirements and driving digital transformation initiatives.
In addition, DEVIT received a direct order worth ₹80 lakh from Alivus Lifesciences for a suite of enterprise software solutions, including products from Microsoft, Zoho, Adobe, and TeamViewer. This highlights DEVIT’s strength in delivering integrated, multi-product solutions tailored to specific business needs.
c) whether order(s) / contract(s) have been awarded by domestic/ international entity; - Domestic entity
d) nature of order(s) / contract(s); -- Fixed cost
e) whether domestic or international; - domestic
f) time period by which the order(s)/contract(s) is to be executed;– Approximately 1-2 years.
g) broad consideration or size of the order(s)/contract(s); - approx. Rs. 4.4 Crore.
h) whether the promoter/ promoter group / group companies have any interest in the entity that awarded the order(s)/contract(s)? If yes, nature of interest and details thereof; - No
i) whether the order(s)/contract(s) would fall within related party transactions? If yes, whether the same is done at “arm’s length”. -No does not fall with related party transactions
Yours faithfully, For DEV INFORMATION TECHNOLOGY LIMITED,
Krisa Shah (Company Secretary and Compliance Officer) Place: Ahmedabad
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Cloud Services
Managed IT Digital | Services | Transformation |
Business Mobile Applications | Applications
Enterprise Applications |