Newgen Software CEO Virender Jeet resigns, last working day 31 August 2026

Ceo ResignedKmp ResignedManagement Changes View source PDF Explain this filing

NEWGEN · price

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Price reactionminutes from the announcement price · days from the prior close

-5.0%Reaction day

₹491.00

prior close

₹480.00

announcement price

After-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)-1.1%-3.8% vs market

Computers - Software & Consulting peers, median of 67sector-1.1%-3.9% vs sector

On the reaction day the stock moved 3.8 pts less than Nifty Smallcap 250 and 3.9 pts less than its Computers - Software & Consulting peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+1.0

10m

+0.6

15m

+0.3

30m

+0.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-5.0-1.1-3.8-1.1-3.9

Next day

-7.3-2.0-5.4-2.2-5.1

-5.2+0.6-5.8-1.3-3.9

-4.4+1.9-6.2+0.0-4.4

-2.2+2.3-4.5+1.2-3.4

-1.1+3.1-4.2+0.9-2.0

-0.9+4.3-5.3-0.7-0.2

15d

-1.6+5.9-7.6-1.0-0.6

+5.2+6.7-1.6-0.7+5.9

+14.7+8.1+6.7+3.8+10.9

+3.4+8.6-5.2-3.1+6.4

UpDownMarket · Nifty Smallcap 250Sector · Computers - Software & Consulting peers, median of 67Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Newgen Software Technologies has informed stock exchanges that Chief Executive Officer and Key Managerial Personnel Mr. Virender Jeet has resigned citing personal and professional reasons. His resignation email was submitted on 9 June 2026, and his last working day will be 31 August 2026. Mr. Jeet has committed to supporting an orderly transition, handover of duties, and returning company assets and confidential information.

Likely market impact

CEO departure at a listed IT company may create short term uncertainty around leadership continuity and strategic direction for shareholders.