💡 Company secured a landmark ₹110 crore, 9-year enterprise contract for 100,000 sq. ft., providing strong long-term revenue visibility.
What Happened
Dev Accelerator Limited (DevX) has announced signing a landmark 9-year enterprise agreement with Manubhai and Shah LLP. The contract, valued at ₹110 crore, covers approximately 100,000 sq. ft. of premium managed workspace at the company's Capital One campus in Ahmedabad. This represents one of the largest flexible workspace transactions in a Tier-II city and establishes long-term revenue visibility for the company.
Key Details
- Company: Dev Accelerator Limited
- Event Type: Order Win
- Filing Date: 13-Apr-2026 13:14:14
- NSE Filing: View Document
Why It Matters
This significant contract win demonstrates growing institutional adoption of managed workspace solutions beyond major metropolitan areas. The 9-year duration provides Dev Accelerator with substantial revenue visibility and reinforces the company's position in the enterprise-focused flexible office segment. The deal also highlights the strategic shift of businesses toward Tier-II cities like Ahmedabad, where DevX has established a strong operational footprint. The company's ability to secure such a large, long-term commitment from an established enterprise client validates its business model and service offerings in the competitive workspace management industry.
Disclaimer: This is publicly available information sourced from NSE. Not investment advice.
Get signals like this instantly
Free Telegram alerts within 2 minutes of NSE filing
Join SuperStock Free