Enclosed disclosure for received an award from a customer.
Awaiting price reaction for this filing.
Newgen Software Technologies has received and accepted an award from an international customer for the supply and implementation of its Enterprise Workflow & Content Management System. The total order value is USD 2,500,372 (approximately ₹21 crore), covering license, implementation, and support services. The contract runs for 5 years and supports the customer's digital transformation across multiple lines of business. The customer is international, the promoter group has no interest in the awarding entity, and it is not a related-party transaction.
Mildly positive for shareholders — adds a multi-year international order to the revenue pipeline, reinforcing Newgen's global footprint, though the deal size is modest relative to the company's overall business.