Newgen Software loses Kuwait tender worth KWD 1.7 million

Newgen Software Technologies Limited announced on December 5, 2025, that an overseas entity has withdrawn a tender for a Business Process Management Platform. This tender was initially disclosed on September 30, 2025, as a Letter of Award with a commercial value of KWD 1,736,052 from a Kuwaiti-based entity.

The company stated that the reason for the tender withdrawal has not been disclosed, and Newgen had not received prior communication regarding this decision. Newgen intends to address this matter with the entity in the coming days.

The event occurred on December 4, 2025, at 07:31 PM. This information was disclosed in accordance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.