Deals1 Feb 2025, 07:55 pm
Newgen Software Technologies Ltd Secures INR 12.92 Crore Purchase Order for Implementation & Support Services
AI Summary
Newgen Software Technologies Limited has announced that it has received and accepted a Purchase Order for implementation and Support Services. The aggregate value of the Purchase Order is INR 12,91,80,045. The contract duration is 6 years, ending on 01st February 2025. The Company confirmed that this transaction does not fall under the related party transaction as per the Companies Act, 2013. The disclosure is in line with the BSE’s Circular No. 20230714-34 and NSE’s Circular No. NSE /CML/2023/57 dated July 14, 2023.
Key Highlights
- Newgen Software Technologies Ltd secures INR 12.92 crore Purchase Order
- Purchase Order for implementation and Support Services
- Contract duration of 6 years
- Transaction does not fall under related party as per Companies Act, 2013
- Disclosure as per BSE and NSE circulars