Newgen Software’s arm inks pact with Insurance Company in US

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

01 Apr 2026 Evaluate

Newgen Software Technologies’ material subsidiary -- Newgen Software Inc., incorporated in the USA, has entered into an Agreement with an Insurance company in Illinois, US. The aggregate value of the aforesaid Agreement is $1,609,400. The agreement covers annual fees for software licenses, cloud hosting services, and other service fees.

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	2105.45
Infosys	1023.90
HCL Technologies	1257.65
Wipro	164.00
Tech Mahindra	1536.00
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
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
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
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.