Dev IT Secures INR 96 Lakh Order from Ahmedabad Urban Development Authority
Filing Summary
Dev Information Technology Ltd has received an order valued at approximately INR 96 lakh from the Ahmedabad Urban Development Authority (AUDA). The order involves the supply, installation, and activation of AutoCAD Software to enhance urban planning and design capabilities. The contract is a fixed-cost agreement and is expected to be executed within 15 days. This development is in accordance with Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015. The order does not involve any related party transactions and has no interest from the promoter group.
Dev Information Technology Ltd has announced the receipt of an order from the Ahmedabad Urban Development Authority (AUDA). The order, valued at approximately INR 96 lakh, involves the supply, installation, and activation of AutoCAD Software. This contract is in line with Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015.
The financial terms of the contract specify a fixed-cost agreement. The total value of the order is approximately INR 96 lakh. There are no related party transactions involved, and the promoter or promoter group has no interest in the entity awarding the order. The financial details have been disclosed as per regulatory requirements.
The scope of the order includes the provision of AutoCAD Software to support urban planning and design. The software will enable precision in creating 2D drawings and 3D models for roads, utilities, public spaces, and buildings. It will also facilitate enhanced visualization and scenario analysis through realistic 3D views. The integration with GIS/BIM will support data-driven decisions by incorporating topography, density, and environmental parameters. The software aims to streamline collaboration among architects, engineers, planners, and officials, ensuring compliance and security through standardized toolsets.
The order is domestic in nature and has been awarded by a domestic entity, the Ahmedabad Urban Development Authority. The execution timeline for the order is approximately 15 days from the date of the agreement. The contract does not fall within related party transactions and is conducted at arm’s length.
Ahmedabad Urban Development Authority (AUDA) is responsible for the planning and development of urban infrastructure in Ahmedabad. The authority focuses on enhancing urban living standards through strategic planning and implementation of development projects.
Dev Information Technology Ltd specializes in providing IT services, including cloud services, managed IT services, digital transformation, enterprise applications, business applications, and mobile applications. The company is committed to delivering technology solutions that drive efficiency and innovation in various sectors.