Newgen Software's UK subsidiary executed a £1.1 million contract for software licenses and cloud services with a confidential UK customer.
The contract spans 3.5 years and includes implementation and migration services for Newgen's Enterprise Content Management platform.
The transaction is not a related party transaction and has an INR equivalent value of ₹14.47 crores.
Disclosure made pursuant to SEBI Listing Regulations regarding material contract awards.