Credit Rating Agency, ICRA has reaffirmed the short-term rating of ‘A2+’ assigned earlier to the Rs 80.50 crore line of credit of Newgen Software Technologies, and also assigned a short-term rating of ‘A2+’ to the additional limit of Rs 14.50 crore Non-fund Based Facilities. The aforesaid ratings will be due for surveillance anytime before December 31, 2019.
Newgen Software Technologies is a software products company offering a platform that enables organisations to develop applications addressing their strategic business needs.
