Newgen Software discloses the dismissal of its appeal by Qatar's highest court, upholding an adverse 2025 judgment.
The company is now liable to pay USD 1.37 million and QAR 200,000 in damages and court costs as per the order.
This filing is a mandatory SEBI LODR Regulation 30 update on a material legal event with quantified financial impact.
The company states there is no other material operational impact and it will take steps to comply with the order.