STOCKWATCH

Newgen Software Technologies Ltd Secures USD 1.632 Mn Agreement in Saudi Arabia

Newgen Software Technologies Ltd, a leading software company, has announced that its wholly owned subsidiary in Saudi Arabia has executed agreements with a customer. The total value of these agreements is USD 1.632 Mn. The agreements do not fall under the definition of a related party transaction as per the Companies Act, 2013. The time period for the execution of these agreements is until 12th May 2025.

• Newgen Software Technologies Ltd secures a USD 1.632 Mn agreement in Saudi Arabia
• The agreements do not constitute a related party transaction
• The execution period for the agreements is until 12th May 2025