Newgen subsidiary secures major cloud hosting deal worth €4.2m

Newgen Software Technologies (UK) Limited, a wholly owned subsidiary of Newgen Software Technologies Limited, has secured a Master Service Agreement with a customer. The agreement, valued at €4,222,683, encompasses cloud hosting, software license, and implementation services.

The contract is for a period of five years and involves providing a modernized cloud-based enterprise records management platform. The counterparty is Tata Consultancy Services N.V, located in Belgium, indicating an international award for Newgen Software Technologies.

This material event was disclosed on September 24, 2025, at 12:32 P.M. (IST), in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Newgen confirmed that this transaction does not fall under the definition of a related party transaction.