Newgen Software Technologies Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on July 25, 2025
NEWGEN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Newgen Software Technologies held its 33rd Annual General Meeting on July 25, 2025 via video conferencing, where all five ordinary resolutions were approved with the required majority. Resolution 1 (adoption of Audited Standalone Financial Statements for FY ending March 31, 2025) and Resolution 2 (Audited Consolidated Financial Statements) each received 99.9999% votes in favour out of about 10.01 crore polled shares. Resolution 3 approved a final dividend of Rs. 5 per equity share (face value Rs. 10) for FY 2024-25, also passing with 99.9999% support. Resolution 4 saw Mr. Diwakar Nigam (DIN: 00263222) re-appointed as a director retiring by rotation, with 99.14% in favour (8.57 lakh votes against). Resolution 5 (appointment of Secretarial Auditor) passed with 99.84% in favour. Around 70.7% of the total outstanding equity shares participated in voting, out of 152,228 shareholders on record date July 18, 2025.
All AGM resolutions cleared comfortably, confirming smooth shareholder approval of FY25 accounts and a Rs. 5 per share final dividend. The high 'against' votes on the director re-appointment (8.57 lakh shares) are minor but worth tracking. Overall, the outcome is a routine, positive governance signal with no negative implications for shareholders.