Newgen Software Technologies Limited has announced the appointment of Ms. Kashish Daya Kapoor as Vice President - Human Resource Department, effective April 01, 2026. The appointment was communicated to stock exchanges under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Appointment Details

The company formally notified BSE Limited and National Stock Exchange of India Limited about the senior management personnel appointment on April 01, 2026.

Professional Background

Ms. Kashish Daya Kapoor brings extensive experience to her new role at Newgen Software Technologies. She is an accomplished HR strategist and CHRO with over 29 years of experience in People & Organizational Development, global transformation, and culture change. She is widely recognized for driving digital HR transformation, large-scale organizational effectiveness, and high-impact employee engagement initiatives across global enterprises.

Previous Leadership Roles

In her previous role as CHRO (VP) at NEC Technologies India Pvt. Ltd., Ms. Kapoor partnered with senior leadership and global stakeholders to shape the organization's talent, culture, and transformation agenda. She has successfully led complex M&A integrations, global HR shared services, and culture transformation programs, aligning people strategies with evolving business imperatives.

Previously, as Director – HR at Tata Communications, she played a pivotal role in strengthening global HR practices, enhancing talent management frameworks, and driving organizational effectiveness at scale. Her consulting experience further reflects her deep commitment to diversity, equity, and inclusion, where she has championed initiatives on unconscious bias, gender diversity, and inclusive workplace practices.

Industry Recognition and Contributions

Ms. Kapoor is a recognized thought leader in the HR community and has contributed to prominent industry forums, including ET panels and the World HRD Congress. Her accolades include:

• HR Leadership Award (2024)
• Recognition among the Top 100 HR Super Achievers
• Active member of NASSCOM's Diversity Steering Committee

Her academic experience at Cornell University, combined with her leadership tenure at IBM Global Process Services, has shaped her global perspective on workforce strategy and diversity management. With a strong track record of driving transformation, building inclusive cultures, and enabling business growth through people, she continues to influence the future of HR and leadership in a rapidly evolving global landscape.

Regulatory Compliance

The appointment notification was made in compliance with SEBI Master Circular no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026, dated January 30, 2026, and circulars from BSE and NSE dated July 14, 2023. The company has fulfilled all disclosure requirements under the applicable regulations for senior management personnel appointments.

Newgen Software Technologies Limited has disclosed a material contract secured by its US subsidiary, marking a significant business development in the American insurance sector. The company announced on April 1st, 2026, that Newgen Software Inc. (NSI), its material subsidiary incorporated in the USA, has entered into an agreement with an insurance company located in Illinois.

Contract Details and Financial Impact

The agreement carries substantial financial value for the technology services provider. Key contract parameters are outlined below:

The customer's identity has been withheld due to confidentiality requirements, though the company confirmed the client operates internationally with offices across the world.

Service Scope and Nature

The contract encompasses multiple service components that demonstrate Newgen Software's comprehensive technology offerings:

• Annual software license fees
• Cloud hosting services
• Professional service fees
• Ongoing support and maintenance

These services align with Newgen Software's core competencies in digital transformation and business process management solutions for the financial services sector.

Regulatory Compliance and Disclosure

The disclosure was made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that this transaction does not constitute a related party transaction under the Companies Act, 2013 provisions.

The agreement was formally executed on April 1st, 2026, at 03:45 AM IST, with the disclosure filed on the same day.

Strategic Significance

This contract represents continued international expansion for Newgen Software Technologies, particularly in the lucrative US insurance market. The three-year duration provides revenue visibility and strengthens the company's presence in the American financial services technology sector. The agreement demonstrates the company's ability to secure substantial contracts through its overseas subsidiaries while maintaining compliance with Indian regulatory requirements.