Deals24 Dec 2024, 07:29 pm
Newgen Software Technologies Subsidiary Secures USD 2.27 Million Purchase Order
AI Summary
Newgen Software Technologies Ltd announced that its wholly owned subsidiary in Saudi Arabia, Newgen Software Technologies Company Limited, has received and accepted a Purchase Order with an aggregate value of USD 2,266,667.00. The order is to be executed by December 24, 2024. The company confirmed that this transaction does not fall under the related party transaction definition as per the Companies Act, 2013. This information is provided for kind notice and record.
Key Highlights
- Newgen Software Technologies subsidiary received a Purchase Order worth USD 2.27 Million
- The order is to be executed by December 24, 2024
- The transaction does not fall under the related party transaction definition as per the Companies Act, 2013