Newgen Software Technologies Share Price in Focus on $2.5 Million International Order

Newgen Software Technologies Ltd (Newgen), a leader in the digital transformation space, has announced the receipt and acceptance of a significant international award. The award, valued at USD 2.5 million, involves the procurement of an Enterprise Workflow & Content Management System, which will be used to support the customer’s digital transformation efforts across various lines of business. The contract encompasses the supply of Newgen’s products, alongside implementation and support services, for a duration of five years.

Why Share Price of Newgen Software Will Remain in Focus

The order represents a noteworthy milestone for Newgen, further solidifying its presence in the international market. Below are the key details as per the company’s disclosure under SEBI regulations:

• Award Value: $2,500,372
  
   
• Nature of the Order: License, implementation, and support services related to digital transformation across multiple lines of business.
  
   
• Geography: International contract.
  
   
• Execution Timeframe: 5 years.
  
   
• Relation to Promoter: No connection to the promoters, promoter group, or group companies.

This order comes as part of Newgen’s consistent strategy to expand its footprint in the global digital transformation market. It is noteworthy that the transaction does not fall under the category of related party transactions, ensuring transparency and compliance with relevant legal standards.

Share Price Performance of Newgen Software Technologies

In terms of stock performance, share price of Newgen Software Technologies has experienced a notable surge in May 2025, it has risen over 25%. However, as of June 4, 2025, the stock has faced a minor pullback, trading down by 1.02%.

Read More: How to Sell NSE Unlisted Shares in India?

Conclusion

Newgen Software Technologies Ltd continues to make strides in the digital transformation domain, with this recent international award serving as a testament to its growing influence and expertise. The awarded contract not only enhances its business prospects but also reinforces the company’s commitment to providing innovative solutions that drive significant change in the business landscape.

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