StockWatch
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IT Enabled Services
Deals16 Oct 2026, 01:08 pm

Newgen Software UK Secures £1.63M Document Management Deal

AI Summary

Newgen Software Technologies (UK) Limited, a subsidiary of Newgen Software Technologies Limited, has executed an agreement with Just Retirement Management Services Limited (UK) for providing a document management system. The contract, valued at GBP £1.63 million (approximately Rs. 20.51 Crores), includes implementation services, software licenses, cloud hosting, maintenance, and support. The agreement spans 3.5 years, with the execution expected by October 16, 2026. This international deal signifies Newgen's continued expansion in providing enterprise content management and cloud services.

Key Highlights

  • Subsidiary Newgen UK signs £1.63M contract with UK customer.
  • Deal covers document management, implementation, and cloud services.
  • Contract duration is 3.5 years.
  • Value converted to Rs. 20.51 Crores.
  • No promoter/group interest in the awarding entity.