Newgen board appoints new CEO, Chief Growth Officer and Vice Chairman

Board & Shareholder Meetings View source PDF

NEWGEN · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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AI summary

Board approved key leadership changes at Newgen Software on July 2, 2026. Tarun Nandwani (current COO, 33 years at firm) appointed CEO for 18 months from Aug 1, 2026 to Jan 31, 2028, replacing Virender Jeet. Pramod Kumar (27 years at Newgen, currently VP Sales in Singapore) named Chief Growth Officer from Aug 1, 2026. Co-founder T.S. Varadarajan designated Vice Chairman with immediate effect while continuing as Whole-time Director.

Likely market impact

Smooth internal succession; promotes long-tenured insiders for continuity in strategy. No immediate financial impact.