Newgen Software Technologies Limited has secured a significant Purchase Order valued at ₹35,30,97,005 (inclusive of taxes) from a domestic customer for the supply, implementation, integration, management, and maintenance of a Centralized Trade Finance (CTF) solution that includes a customer web portal. The company disclosed this development in a regulatory filing dated 29th March 2025 to both BSE Limited and the National Stock Exchange of India Limited (NSE).

Details of the Purchase Order

The aggregate value of the purchase order is ₹35.31 crore, and the project will be executed over a period of 5 years. The order has been awarded by a domestic entity and does not fall within the ambit of a related party transaction as per the provisions of the Companies Act, 2013. The company has clarified that the promoters, promoter group, or any group companies do not have any interest in the entity that awarded the contract.

Project Scope and Objectives

The scope of work under this purchase order includes:

1. Supply of Centralized Trade Finance (CTF) Solution: Newgen Software will supply its state-of-the-art CTF solution that enables seamless management of trade finance processes, ensuring compliance, accuracy, and efficiency.

2. Implementation and Integration: The solution will be integrated with the customer's existing systems, ensuring smooth and hassle-free operations.

3. Customer Web Portal: A customer-facing web portal will be developed to provide clients with real-time access to trade finance services and information.

4. Management and Maintenance: Newgen Software will undertake the management and maintenance of the solution for a period of 5 years, ensuring smooth functioning and technical support throughout the contract term.

Regulatory Disclosure and Compliance

The company has provided the required disclosures under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Additionally, Newgen Software has confirmed compliance with the disclosure requirements as per:

• BSE Circular No. 20230714-34 dated 14th July 2023.

• NSE Circular No. NSE/CML/2023/57 dated 14th July 2023.

Key Details of the Event

• Date of Occurrence: 29th March 2025

• Time of Occurrence: 11:10 A.M. (IST)

Impact on Newgen Software

This substantial purchase order is expected to strengthen Newgen Software's position in the trade finance technology sector. The CTF solution's deployment will enhance the company's market credibility and demonstrate its ability to deliver complex financial technology solutions.

About Newgen Software Technologies Limited

Newgen Software Technologies Limited is a leading provider of digital transformation solutions that enable organizations to manage content, processes, and communications efficiently. The company specializes in enterprise content management (ECM), business process management (BPM), and customer communication management (CCM) solutions. With a global presence and a robust portfolio of innovative products, Newgen Software has established itself as a trusted partner for digital transformation initiatives.

Strategic Importance of the Deal

The acquisition of this order is a testament to Newgen Software's expertise in delivering robust trade finance solutions. This project aligns with the company's strategy to expand its presence in the banking and financial services industry by offering cutting-edge solutions that improve operational efficiency and enhance customer experience.

Outlook and Future Prospects

With this new order, Newgen Software is poised to further strengthen its foothold in the Indian trade finance domain. The 5-year management and maintenance contract ensures a steady revenue stream for the company, while the successful implementation of the CTF solution is expected to lead to future opportunities and growth in the financial technology space.

Conclusion

Newgen Software Technologies Limited's success in securing this ₹35.31 crore contract reinforces its reputation as a trusted provider of digital transformation solutions. The company's ability to deliver a comprehensive CTF solution and manage its long-term operations highlights its technical expertise and commitment to customer satisfaction. As the project progresses, Newgen Software is expected to strengthen its market position and drive future growth through its innovative offerings and client-centric approach.

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