-3.10 (-0.36%) Newgen Software Technologies’ wholly owned subsidiary -- Newgen Software Technologies Company, incorporated in Saudi Arabia, has signed an agreement with a leading Public Sector Bank in Saudi Arabia for the project of designing and developing a loan origination system. The aggregate value of the said award is SAR 15,982,125 (i.e Rs 38.64 crore) inclusive taxes. The said order is expected to be completed in 2 years.
Newgen Software Technologies is a software products company offering a platform that enables organisations to develop applications addressing their strategic business needs.