Newgen Software Technologies Limited promoter Diwakar Nigam confirmed that he and persons acting in concert did not create any fresh encumbrance on equity shares during the financial year ended March 31, 2026. The declaration ensures that the promoter's holding remains free from new charges or pledges for the specified period, providing stability regarding the ownership structure disclosed to the exchanges.

The disclosure was submitted to BSE Limited and National Stock Exchange of India Limited in compliance with Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation mandates promoters to report any encumbrance on shares to maintain transparency in ownership and prevent hidden liabilities.

Nigam explicitly stated that no encumbrance was made directly or indirectly other than those already previously disclosed to the stock exchanges. The confirmation covers the entire financial year, reassuring investors of no adverse changes in the status of the promoter's pledged holdings during this time.

The communication was addressed to the stock exchanges on April 06, 2026, and copied to the Audit Committee of Newgen Software Technologies Limited for their records and review.

Newgen Software Technologies Limited has scheduled its 34th Annual General Meeting (AGM) for Friday, July 24, 2026, at 11:00 A.M. (IST). The meeting will be conducted through Video Conferencing (VC) or Other Audio-Visual Means (OAVM), in compliance with circulars issued by the Ministry of Corporate Affairs and SEBI. The Board of Directors has recommended a final dividend of ₹6 per equity share, subject to shareholder approval. The record date for determining eligibility for the dividend and voting is July 17, 2026.

34th AGM: Key Agenda and Voting Details

The AGM Notice and Annual Report for FY2025-26 have been dispatched electronically to members whose email addresses are registered with the Company or Depository Participants as of June 19, 2026. Physical dispatch of notices has been dispensed with in accordance with regulatory circulars. The deemed venue for the meeting is the Company's Registered Office at E-44/13, Okhla Phase II, New Delhi – 110020.

Remote e-voting commences on Tuesday, July 21, 2026, at 9:00 A.M. (IST) and concludes on Thursday, July 23, 2026, at 5:00 P.M. (IST). Members holding shares in physical or dematerialized form as on the cut-off date of July 17, 2026, are entitled to vote. KFin Technologies Limited has been appointed as the Registrar and Share Transfer Agent to facilitate e-voting and meeting participation. The facility for voting will also be available during the AGM for members attending via VC/OAVM who have not cast their votes remotely.

Dividend and Financials

The Board has recommended a final dividend of ₹6 per equity share of face value ₹10 each, representing 60% of the paid-up equity capital for the financial year ended March 31, 2026. If approved, the dividend will be paid on or before August 20, 2026. The total dividend outgo is estimated at ₹8,539.07 lakh, an increase from the previous year's ₹7,083.94 lakh.

The financial results for FY2025-26 indicate consolidated revenue from operations of ₹1,57,439.56 lakh, a 5.89% increase from the previous year. Consolidated Profit After Tax stood at ₹30,057.64 lakh, a decrease of 4.65%, impacted by exceptional items of ₹4,342.65 lakh arising from Labour Codes and a provision for a legal claim. Excluding exceptional items, the adjusted PAT was ₹3,343 million with a margin of 21.2%.

Statutory Appointments

The Board has proposed the re-appointment of M/s Walker Chandiok & Co LLP as Statutory Auditors for a second term of five consecutive years, from the conclusion of the 34th AGM until the conclusion of the 39th AGM in 2031. The proposed remuneration includes an annual audit fee of ₹46,40,000 and quarterly limited reviews of ₹24,00,000, reflecting a 10% increase over the previous year. Additionally, Mrs. Priyadarshini Nigam, Whole-time Director, retires by rotation and is eligible for re-appointment.