Newgen Software Tech bags order worth Rs48.59 crore from Indian Bank

3 Oct 2022 , 09:19 AM

Newgen Software Technologies Limited announced the exchanges that it has been declared the Successful H1 bidder for the RFP floated by Indian Bank related to the Digital Lending Platform.

The order is for Solution and service provider for the development, implementation, management & maintenance of the end-to-end digital lending platform, the company said in a regulatory filing.

The total size of the Order is approximately Rs48.59 crore.

At around 9:19 AM, Newgen Software Technologies Ltd is currently trading at Rs358.70 per share up by Rs2.15 or 0.6% from its previous closing of Rs356.55 per share on the BSE.

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