Newgen Software: Secures $1.79 Million Contract in Qatar

Newgen Software Technologies Limited has executed a significant agreement with an overseas customer in Qatar. The contract, valued at US Dollars 1,791,140 (approximately ₹17.14 crore), covers the Newgen Platform License, implementation, and three years of maintenance and support. This international deal underscores the company’s growing global footprint and strengthens its order book with a key regulatory reporting and compliance solution.

International Contract Awarded

Newgen Software Technologies Limited announced on 21st September 2026 that it has successfully executed a contract with a customer based in Qatar. This agreement pertains to the licensing, implementation, and ongoing support of the Newgen Platform.

Contract Value and Scope

The total value of this award is US Dollars 1,791,140, which translates to approximately ₹17.14 crore (INR 95.71 per USD). The contract encompasses the provision of software licenses, implementation services, and a comprehensive three-year period of maintenance and support. Specifically, the project involves the supply, implementation, and three-year support of an international regulatory reporting and compliance platform solution powered by Newgen.

Implementation and Support Details

The implementation is scheduled to follow the agreed project timeline, with an additional three years dedicated to support and maintenance services. The entity awarding the contract is an overseas entity situated in Qatar, with the customer’s name withheld due to confidentiality reasons. This marks a significant international win for Newgen Software, reinforcing its position in the global market for regulatory technology solutions.

Source: BSE

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