Deals24 Sept 2025, 10:01 pm
Newgen Software Technologies Ltd Secures ¥ 21.24 Cr Order from Customer
AI Summary
Newgen Software Technologies Limited (the Company) has disclosed a material order from a customer for its Policy Administration System. The aggregate commercial value of the order is ¥ 21.24 Cr (Rupees Twenty One Crore and Twenty Four Lakh) including taxes. The order is for Software License, implementation and Annual Support services. This transaction does not fall under the definition of a related party transaction as per the Companies Act, 2013.
Key Highlights
- Newgen Software Technologies Ltd has secured a purchase order from a customer for its Policy Administration System.
- The total commercial value of the order is ¥ 21.24 Cr (Rupees Twenty One Crore and Twenty Four Lakh) including taxes.
- The order is for Software License, implementation and Annual Support services.
- This transaction does not fall under the definition of a related party transaction as per the Companies Act, 2013.
- The disclosure is in accordance with BSE’s Circular No. 20230714-34 dated July 14, 2023, and NSE’s Circular No. NSE /CML/2023/57 dated July 14, 2023.