Newgen Software’s arm signs $2.22 million agreement with Kuwait bank

Newgen Software Technologies Ltd. | IT - Software | IT & ITES | BSE: 540900 | NSE: NEWGEN

16 Mar 2026 Evaluate

Newgen Software Technologies’ wholly owned subsidiary -- Newgen Software Technologies L.L.C, incorporated in Dubai, has executed an agreement with a leading bank in Kuwait for software license, implementation and product software support. The aggregate value of the aforesaid agreement is $2.22 million. The agreement is to be executed within 2 years.

Newgen Software Technologies is a software products company offering a platform that enables organisations to develop applications addressing their strategic business needs.

Peers

Company Name	CMP
TCS	2104.85
Infosys	1024.45
HCL Technologies	1258.90
Wipro	164.05
Tech Mahindra	1535.40
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.