Mumbai, April 1 -- The order encompasses the license, implementation, and maintenance of the Loan Origination System (LOS), account opening, and document management system (DMS).

In a separate development, the company disclosed that its wholly owned subsidiary, Newgen Software Inc. (NSI), incorporated in the USA, has signed two Statement of Work (SOW) agreements with a customer. The combined value of these agreements is $1,675,000.

Both contracts are scheduled for completion within a span of five years. However, the company has not revealed the identity of the clients or specific project details in its exchange filing.

However, it confirmed that the order is a domestic contract and does not involve any related party transactions. Addit...