
Deals29 Jun 2024, 03:27 am
Newgen Software Technologies Ltd Receives $1.3 Million Purchase Work Order
AI Summary
Newgen Software Technologies Ltd has announced that it has received and accepted a purchase work order from a Customer, with an aggregate value of US Dollar 1.3 million. The order is to be executed over a five-year period. The company has confirmed that this transaction does not fall under the definition of a related party transaction as per the Companies Act, 2013. No promoter or promoter group has any interest in the entity that awarded the order.
Key Highlights
- Newgen Software Technologies Ltd receives $1.3 million purchase work order
- Order to be executed over a five-year period
- Transaction does not fall under the definition of a related party transaction