Announced Thu, 2 Jul · 14:07 IST
Newgen names Tarun Nandwani as CEO; Pramod Kumar as CGO
NEWGEN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+1.9%1-day move
₹471.05
prior close
₹482.55
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.1+0.1-0.2-0.3+1.9+2.2+2.0-0.9+0.6+25.0+7.3———
Up moveDown movePending
AI summary
Board approved Tarun Nandwani (current COO, 33 yrs at Newgen) as CEO and KMP for 18 months from Aug 1, 2026 to Jan 31, 2028, succeeding CEO Virender Jeet who is stepping down. Pramod Kumar (VP Sales Singapore subsidiary, 27 yrs) appointed Chief Growth Officer and KMP from Aug 1. Co-founder T.S. Varadarajan additionally designated Vice Chairman while continuing as Whole-time Director.
Likely market impact
Internal succession with long-tenured leaders signals continuity and stable leadership transition for shareholders.