Newgen Software Technologies Limited has secured a purchase order worth ₹15.59 crore from Annapurna Finance Private Limited for the implementation and maintenance of a Loan Origination and Collections System. The five-year contract, valued at INR 15,59,20,988, was awarded by the domestic entity and includes a perpetual license along with support services.

The order encompasses the deployment of the software system and its subsequent maintenance. The transaction does not constitute a related party transaction under the provisions of the Companies Act, 2013, as confirmed by the company.

Order Details

The key parameters of the contract are outlined below:

The disclosure was made to the exchanges pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The event occurred on June 29, 2026, at 06:46 P.M. IST.

Newgen Software Technologies Limited has fixed Friday, 17 July 2026 as the record date to determine member eligibility for a final dividend of ₹6 per equity share for the financial year 2025-26. The dividend, equivalent to 60% on a face value of ₹10 per share, was recommended by the Board of Directors for the year ended 31 March 2026.

The 34th Annual General Meeting of the company is scheduled to be held on Friday, 24 July 2026 at 11:00 A.M. through Video Conference or Other Audio-Visual Means. The meeting will be conducted in compliance with the provisions of the Companies Act, 2013 and relevant circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India.

Dividend payments will be made exclusively through electronic mode in accordance with SEBI circulars. Shareholders holding securities in physical form must furnish their PAN, nomination details, contact information, bank account details, and specimen signature to receive payments.

The company stated that dividend income is taxable in the hands of members under the Income Tax Act, 1961, and tax deducted at source (TDS) will be applicable as prescribed. Members are requested to update their residential status, PAN, and category details with their Depository Participants or the company to ensure compliance with TDS requirements.

Notice of the AGM and the Annual Report for the financial year 2025-26 will be sent electronically to members with registered email addresses. Physical copies will not be dispatched. These documents will also be available on the company’s website and the websites of BSE Limited and National Stock Exchange of India Limited.