
Deals27 Mar 2025, 07:14 pm
Newgen Software Inc. Secures USD 13,85,000 Agreement with Customer
AI Summary
Newgen Software Technologies Limited announced that its wholly owned subsidiary, Newgen Software Inc. (NSI), based in the USA, has executed an agreement with a customer. The total value of the agreement is USD 13,85,000. This transaction does not fall under the definition of a related party transaction as per the Companies Act, 2013. The agreement is to be executed by March 2025.
Key Highlights
- Newgen Software Inc. (NSI) has secured an agreement with a customer worth USD 13,85,000.
- The agreement does not constitute a related party transaction as per the Companies Act, 2013.
- The agreement is to be executed by March 2025.