Newgen Software Technologies Limited has informed the Exchange about Bagging/Receiving of orders/contracts
NEWGEN · price
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Awaiting price reaction for this filing.
Newgen Software Technologies has secured an international order valued at USD 2,500,372 (about ₹21 crore) from a foreign customer. The contract involves supply of Newgen's product along with implementation and support services, aimed at the customer's digital transformation across multiple lines of business. The order will be executed over a 5-year period. The company confirmed that the customer is not related to its promoters or group companies, and this is not a related-party transaction. The disclosure was filed under SEBI's Regulation 30 on 4th June 2025.
This is a positive development showing continued international deal wins for Newgen, but the order size is modest compared to the company's overall revenue base (estimated under 2% of annual revenue), so the immediate impact on stock price is likely to be limited.