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05/12/2025 19:22

Newgen Software Tech - Bagging/Receiving of orders/contracts

This is with reference to our earlier disclosure dated 30th September 2025 regarding acceptance of a Letter of Award (LOA) for implementation of a Business Process Management Platform, received from an overseas entity situated in Kuwait, having a commercial value of KWD 1,736,052/- (Kuwaiti Dinars One Million Seven Hundred Thirty-Six Thousand Fifty-Two Only).This is to inform you that the entity has withdrawn its tender issued for providing the Business Process Management Platform.The reason for tender withdrawal has not been disclosed by the entity. Newgen had not received any prior communication regarding this withdrawal and will be taking up this matter with the entity in the coming days.