Newgen Software Shares Jump 3.9% as UK Subsidiary Secures €4.22 Million Contract with TCS Belgium

New Delhi, September 25, 2025: Newgen Software Technologies Ltd (NSE: NEWGEN, BSE: 540900) stock gained by 3.9%, reached ₹910 at 12:03 PM on Thursday after it was announced by its UK subsidiary that it has signed a contract of €4.22 million (approximately ₹37.5 crore) with Tata Consultancy Services N.V., Belgium for cloud hosting, software licensing, and implementation services.

Newgen Software Technologies Ltd. is one of the leaders in global digital transformation platforms with experience in process management solutions, content services, and low-code automation. The company is listed on BSE and NSE and offers services to customers across insurance, banking, large enterprises, and government.

Key Stock Information (as of 25 Sep 2025, 12:03 PM IST)

Newgen Software Technologies shares were trading at ₹910, reflecting an increase of 3.95% as of Thursday at 12:03 PM. The stocks of Newgen Software Technologies Ltd began trading at ₹913.65 and traded between ₹905.00 and ₹937.80. It has a market cap of ₹12,810 crore and a P/E ratio of 41.26. Also, dividend yield remains 0.55%, along with quarterly dividend ₹1.25 per share. The stock has been trading at high and low prices of ₹1,798.90 and ₹758.20 in the last 52 weeks.

Newgen Software UK Secures Strategic Five-Year Contract with TCS Belgium

Newgen Software Technologies (UK) Ltd., which is a subsidiary completely owned by Newgen Software Technologies Ltd., signed a Master Service Agreement with Tata Consultancy Services N.V., Belgium. In this contract, the United Kingdom operating subsidiary will offer cloud hosting, software licensing, and implementation services and therefore offer an integrated cloud-enabled enterprise records management solution to the end customer. The contract value is €4,222,683 (Euro Four Million Two Hundred Twenty-Two Thousand Six Hundred Eighty-Three Only) and will span over a period of five years.

The company has also stated that none of its promoters or parties constituting a part of the promoter group have any interest in the client and that no related party considerations are involved in such a transaction.

This contract was testimony to the global expansion of Newgen Software and its experience in providing global enterprise-class cloud solutions.

REF: https://nsearchives.nseindia.com/corporate/NEWGEN2_24092025220003_Stock_Exchange_Material_disclosure_Kshema.pdf

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