Newgen Software Technologies Limited has announced that its wholly owned subsidiary in Singapore, Newgen Software Technologies Pte. Ltd., has signed a significant international contract valued at SGD 1,588,910 (approx. Rs 9.75 crore). The agreement was executed on March 29, 2025, and the project is scheduled to be completed over a period of three years.
The company disclosed that the contract was signed with an international customer, and there is no promoter or group company interest in the awarding entity. Additionally, the transaction does not fall under related party transactions as per the Companies Act, 2013.
This strategic contract win underlines Newgen’s continued focus on expanding its global footprint and delivering enterprise solutions to international markets.
The announcement was made in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
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