Newgen Software Technologies has informed that the company has received and accepted a Purchase Order for implementation and Support Services. The aggregate value of the aforesaid Purchase order is INR 12,91,80,045. The details as per Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 are enclosed. Further, the company has confirmed that the said transactions do not fall within the definition of a related party transaction as specified under the provisions of the Companies Act, 2013. Details as required to be disclosed as per BSE’s Circular No. 20230714-34 dated July 14, 2023, and NSE’s Circular No. NSE /CML/2023/57 dated July 14, 2023, are enclosed.
The above information is a part of company’s filings submitted to BSE.