Deals1 Oct 2025, 01:13 pm
Newgen Software Inc. Secures USD 2.59 Million Contract with Leading US Healthcare Firm
AI Summary
Newgen Software Technologies Ltd announced that its US-based subsidiary, Newgen Software Inc., has entered into a Master Service Agreement with a leading healthcare company in the United States. The contract is valued at USD 2,593,125 (Two Million five hundred and ninety three thousand one hundred and twenty- five US Dollars) for software license, hosting services, and implementation fees. The contract period is three years, starting from the date of occurrence of the event. This information is disclosed as per BSE’s Circular No. 20230714-34 dated July 14, 2023, and NSE’s Circular No. NSE /CML/2023/57 dated July 14, 2023.
Key Highlights
- Newgen Software Inc. secures a USD 2.59 million contract with a leading US healthcare company
- The contract is for a three-year period, starting from the date of occurrence of the event
- The contract includes software license, hosting services, and implementation fees
- The deal is disclosed as per BSE and NSE circulars dated July 14, 2023
- The transaction does not fall within the definition of a related party transaction as per the Companies Act, 2013