Newgen Software Technologies Limited has informed the Exchange regarding a press release dated August 21, 2025, titled "Newgen Recognized as a Strong Performer in The Forrester Wave : Digital Process Automation Software, Q3 2025".
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Newgen Software has been named a 'Strong Performer' in The Forrester Wave: Digital Process Automation Software, Q3 2025 report authored by Craig Le Clair. The report evaluated 14 top DPA platform providers against 19 criteria. Newgen's unified platform, NewgenONE, received the highest possible scores in five criteria: Case Management Support, AI Agent Design and Configuration, Document Automation, Vision, and Roadmap. Forrester highlighted Newgen's strong DPA vision, data science platform, and strategic packaging of AI agents. Customer feedback praised the platform for reliability, cost-effectiveness, and flexibility for custom extensions. The company views this as validation of its AI-first digital transformation approach.
This is a positive brand and third-party industry recognition that may strengthen Newgen's positioning in the competitive DPA market and support customer acquisition efforts, but it has no direct financial impact on the stock. Investors should treat it as a soft marketing milestone rather than a material business event.