Disclosure of Material Order is attached.
Awaiting price reaction for this filing.
Newgen Software Technologies Limited announced that its wholly owned subsidiary in Saudi Arabia has signed agreements with an international customer worth USD 1.632 million (approximately ₹13–14 crore). The contract is to be executed over a period of 1 year. The customer is an international entity, and there is no promoter or related-party interest involved. The disclosure was made under SEBI's Regulation 30 listing requirements on 12th May 2025.
This is a modest-sized new order for Newgen's overseas subsidiary, adding to its international order book but unlikely to materially move the stock on its own. It signals continued business activity in the Saudi Arabia market but is not large enough to change overall earnings outlook.