Award4 Jun 2025, 08:51 pm
Newgen Software Technologies Ltd. Receives $2.5 Million Award from Customer
AI Summary
Newgen Software Technologies Ltd. has received and accepted an award from a customer for the procurement of Enterprise Workflow & Content Management System, amounting to USD 2,500,372 (USD Two Million Five Hundred Thousand Three Hundred Seventy-Two). The award includes supply of Newgen’s product and its implementation for the customer's digital transformation across multiple lines of business. This transaction does not fall within the definition of a related party transaction as specified under the provisions of the Companies Act, 2013.
Key Highlights
- Newgen Software Technologies Ltd. received an award worth USD 2,500,372 from a customer.
- The award is for the procurement of Enterprise Workflow & Content Management System.
- The award includes supply of Newgen’s product and its implementation for the customer's digital transformation across multiple lines of business.
- This transaction does not fall within the definition of a related party transaction as specified under the Companies Act, 2013.