Announced Fri, 27 Feb · 19:22 IST

Newgen Software Technologies Limited has informed the Exchange about change in Management

Management Changes 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.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Mr. Manojit Majumdar, Vice President – Channel Sales, has retired from Newgen Software Technologies effective close of business hours on 27th February 2026. The reason cited is superannuation, meaning it is a planned retirement rather than a resignation. Since it is a retirement, no resignation letter was required. The disclosure was made under SEBI Listing Regulations and includes details such as the cessation date. Mr. Majumdar held a Senior Management Personnel (SMP) designation and was not part of the company's board or Key Managerial Personnel.

Likely market impact

This is a routine, planned retirement at the SMP level and is unlikely to have any material impact on the company's operations or stock price. Shareholders should not read this as a governance red flag.