Extra Image
×

Newgen Software USA-based subsidiary bags major orders worth USD 3 million.

Newgen Software Technologies Limited Secures USD 3 Million Purchase Orders from Insurance Sector

Newgen Software Technologies Limited announced that its subsidiary, Newgen Software Inc. (NSI), has received Purchase Orders worth USD 3,008,533 from a customer in the insurance industry. The international orders are set for a 5-year duration, marking a significant win for the company.

Key Details:

  • Contract Source: International
  • Duration: 5 years
  • Promoter/Group Interest: None
  • The transactions do not qualify as related party transactions under the Companies Act, 2013.

This deal strengthens Newgen Software’s position in the global insurance sector. For more details, visit BSE Disclosure.

About Newgen Software
Newgen Software provides innovative BPM, ECM, and customer communications management solutions to businesses worldwide, helping them drive digital transformation.

Important Disclaimer

This content is written by Chiman Soni, a CS Executive student and founder of Corporate Laws Hub. The information provided is for educational purposes only and should not be construed as legal or financial advice.

Readers should consult qualified professionals for specific legal or financial queries.

Content Sources

Information compiled from: MCA, ICSI, SEBI, Income Tax Department, GST Portal, IP India, Supreme Court of India, BSE, NSE, and other authoritative sources.

Support Independent Content

Help us continue providing high-quality educational resources by making a donation. Every contribution makes a difference!

Leave a Comment

Your email address will not be published. Required fields are marked *

Angel One Trading

Open Your Free Trading Account

Link may expire within 48hrs | T&C Apply

Master Candlestick Patterns

Master Candlestick Patterns & Market Fundamentals!

Scroll to Top