BSECompany Update28 Sept 2026 · 28 Sept 2026, 10:52 pm
Enclosed material order of Rs. 52.55 Cr.
Newgen Software Technologies Ltd · 540900
✦ AI Summary▲ PositiveOrder Win
Newgen Software Technologies Ltd has announced that its US-based subsidiary, Newgen Software Inc., has secured an order worth $5.475 million (approximately Rs. 52.55 crore) from a US-based health insurance company for the supply, installation, and implementation of its NewgenONE CAG Solution.
Analysis Scores
Earnings Impact8/10
Growth Catalyst9/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact9/10
Market Sentiment8/10
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Full Announcement
Newgen Software Technologies Ltd - 540900 - Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
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Newgen Software Technologies Limited
CIN: L72200DL 1992PLC049074, Registered Office: E-44/13, Okhla Phase II, New Delhi 110020, India
Tel: +91 11 46533200, 26384060, 26384146 Fax:+91 11 26383963
Date: 28th September 2026
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot No. C/1, G Block,
Dalal Street, Mumbai – 400001 Bandra- Kurla Complex, Bandra (E), Mumbai –
400051
Ref.: Newgen Software Technologies Limited Ref.: Newgen Software Technologies Limited
(NEWGEN/INE619B01017) (NEWGEN/INE619B01017)
Scrip Code – 540900
Sub.: Disclosure of material event / information pursuant to Regulation 30 of SEBI (Listing
Obligations and Disclosure Requirements) Regulations, 2015.
Dear Sir/ Ma'am,
This is to inform you that Newgen Software Inc. (NSI), incorporated in the USA, a material Subsidiary
of the Newgen Software Technologies Limited (“the Company”), has executed an Agreement with a
health insurance Company situated in USA for supply, installation, implementation and cloud hosting
of the NewgenONE CAG Solution. The aggregate value of the Agreement is US Dollars 5,475,020 (Five
Million Four Hundred Seventy-Five Thousand Twenty Only US Dollars). The details as per Regulation
30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 are as follows: -
Sr. No. Parameters : Remark
(i) Name of the entity awarding the : Overseas entity situated in USA.
order(s)/contract (s) (the Customer’s name is withheld due to
confidentiality reasons)
(ii) significant terms and conditions of : supply, installation & implementation of the
order(s)/contract(s) awarded in brief NewgenONE Complaints, Appeals and
Grievances (CAG) Solution on Newgen’s
hosted cloud.
(iii) whether order(s) / contract(s) have : International
been awarded by domestic/
international entity
(iv) Country in which counterparty/entity : USA
exists
(v) nature of order(s) / contract(s); : License, implementation, Annual
Maintenance, cloud hosting and Support
Services
(vi) time period by which the : 3 Years
order(s)/contract(s) is to be executed;
Newgen Software Technologies Limited
CIN: L72200DL 1992PLC049074, Registered Office: E-44/13, Okhla Phase II, New Delhi 110020, India
Tel: +91 11 46533200, 26384060, 26384146 Fax:+91 11 26383963
(vii) broad consideration or size of the : US Dollars 5,475,020 (Five Million Four
order(s)/contract(s); Hundred Seventy-Five Thousand Twenty Only
US Dollars)
Converted Value in INR:- i.e. Rs. 52.55
Crore (Indian Rupees Fifty-Two Crore and
fifty-five lakh only)
(Conversion rate: - 1 USD = INR 95.98)
(viii) whether the promoter/ promoter : No
group / group companies have any
interest in the entity that awarded the
order(s)/contract(s)? If yes, nature of
interest and details thereof;
Further, we hereby confirm that this transaction does 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 as under:
1 Date of occurrence of Event / Information 28th September 2026
2 Time of occurrence of Event/ Information 09.46 P.M.(IST)
This is for your kind information and record.
Thanking you.
For Newgen Software Technologies Limited
Aman Mourya
Company Secretary & Head Legal