Newgen Software Technologies has announced the withdrawal of its tender for providing a Business Process Management Platform from an overseas entity in Kuwait. The commercial value of the project was KWD 1,736,052. The reason for the withdrawal was not disclosed, and Newgen will engage with the entity to understand the matter. The withdrawal occurred on December 4, 2025, at 07:31 PM.
Overseas Tender Withdrawn
Newgen Software Technologies has announced the withdrawal of its tender related to the implementation of a Business Process Management Platform. The tender was from an overseas entity situated in Kuwait. The initial announcement regarding the acceptance of the Letter of Award (LOA) was made on September 30, 2025.
Project Details
The project had a commercial value of KWD 1,736,052 (Kuwaiti Dinars One Million Seven Hundred Thirty-Six Thousand Fifty-Two Only). Newgen was informed about the tender withdrawal by the entity.
Reasoning and Next Steps
The reason for the tender withdrawal has not been disclosed by the entity. Newgen had not received any prior communication and intends to address the matter with the entity in the coming days. The event occurred on 04th December 2025 at 07.31 PM.
Source: BSE
