Disclosure of Material Order is Enclosed.
Awaiting price reaction for this filing.
Newgen Software Technologies has informed exchanges that its wholly-owned US subsidiary, Newgen Software Inc. (NSI), has executed two Statements of Work (SOW) with a customer on 31st March 2025. The aggregate value of these contracts is USD 1.675 million (approximately ₹14 crore) and they are to be executed over a 5-year period. The order has been awarded by an international entity, and there is no promoter or related party interest in the customer. The disclosure was made under SEBI's Regulation 30 listing obligations.
This is a routine international order disclosure from the US subsidiary and represents only a small fraction of Newgen's overall revenue, so it is unlikely to move the stock meaningfully. It does reaffirm ongoing business activity in the US market, which is a key geography for the company.