Newgen Software Technologies logo

Newgen Software Technologies MD, chairman, board of directors and AGM

NSE: NEWGENBSE: 540900IT - SoftwareSmall Cap

Last close ₹454.20down ₹21.60 (4.54%)BSE ₹453.55

Share price at the NSE close on 23 Oct 2026. Previous close ₹475.80.

52-week range of traded prices to 23 Oct 2026
₹401.05Low, 30 Mar 2026₹1,041.95High, 29 Oct 2025
Market cap
₹6,473 Cr655th largest listed
P/E
20.6
P/E without one-offs
18.1
P/B
3.6
Dividend yield
1.32%
ROE
19.0%
ROE without one-offs
21.7%
ROCE
21.4%
Debt to equity
0.00
Volume, NSE
41,42,70015.0% delivered

Newgen Software Technologies board of directors

At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

  • Chairperson and managing directorDIWAKAR NIGAMRelated to the promoter
  • Company Secretary and Compliance OfficerAman Mourya

8 directors4 independent3 executive1 non-executive

  • DIWAKAR NIGAM · Chairperson and managing directorExecutive · joined Apr 1993 · reappointed Jun 2024 · 1 listed board · 1 committee seat
  • VARADARAJAN TIRUMALAI SUNDARAJA IYENGARExecutive · joined Jun 1992 · reappointed Jun 2024 · 1 listed board · 1 committee seat
  • PRIYADARSHINI NIGAMExecutive · joined Sep 1997 · reappointed Jun 2024 · 1 listed board
  • SAURABH SRIVASTAVAIndependent · joined Aug 2017 · reappointed Aug 2022 · 109 months as independent · 1 listed board · 1 as independent · 1 committee seat
  • SUBRAMANIAM RAMNATH IYERIndependent · joined Nov 2017 · reappointed Nov 2022 · 106 months as independent · 1 listed board · 1 as independent · 2 committee seats, 2 as chair
  • PADMAJA KRISHNANIndependent · joined Mar 2020 · reappointed Mar 2025 · 78 months as independent · 1 listed board · 1 as independent · 1 committee seat
  • SUDHIR KUMAR SETHIIndependent · joined Jul 2024 · reappointed Jul 2024 · 26 months as independent · 1 listed board · 1 as independent
  • SHUBHI NIGAMNon-executive · joined Nov 2025 · 1 listed board

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 16 Jul 20267 of 8 present4 independent · 13 days in between
    • 2 Jul 20266 of 8 present4 independent · 19 days in between
    • 12 Jun 20267 of 8 present4 independent · 13 days in between
    • 29 May 20267 of 8 present4 independent · 28 days in between
    2 earlier meetings
    • 30 Apr 20268 of 8 present4 independent · 9 days in between
    • 20 Apr 20266 of 8 present3 independent

  • Audit Committee

    Chair SUBRAMANIAM RAMNATH IYER

    SAURABH SRIVASTAVA, PADMAJA KRISHNAN

    • 16 Jul 20262 of 3 present2 independent · 47 days in between
    • 29 May 20263 of 3 present3 independent · 29 days in between
    • 29 Apr 20263 of 3 present3 independent · 8 days in between
    • 20 Apr 20262 of 3 present2 independent

  • Nomination and remuneration committee

    Chair SUBRAMANIAM RAMNATH IYER

    SAURABH SRIVASTAVA, PADMAJA KRISHNAN

    • 1 Jul 20263 of 3 present3 independent · 62 days in between
    • 29 Apr 20262 of 3 present2 independent

  • Stakeholders Relationship Committee

    Chair SUBRAMANIAM RAMNATH IYER

    DIWAKAR NIGAM, VARADARAJAN TIRUMALAI SUNDARAJA IYENGAR

    • 29 Apr 20263 of 3 present1 independent

  • Risk Management Committee

    Chair PADMAJA KRISHNAN

    DIWAKAR NIGAM, VARADARAJAN TIRUMALAI SUNDARAJA IYENGAR, SUBRAMANIAM RAMNATH IYER, TARUN NANDWANI, PRAMOD KUMAR

    • 21 May 20262 of 3 present2 independent

  • Corporate Social Responsibility Committee

    Chair PRIYADARSHINI NIGAM

    VARADARAJAN TIRUMALAI SUNDARAJA IYENGAR, PADMAJA KRISHNAN

    • 29 Apr 20263 of 3 present1 independent

  • Finance & Operations Committee

    Chair VARADARAJAN TIRUMALAI SUNDARAJA IYENGAR

    DIWAKAR NIGAM, PRIYADARSHINI NIGAM

    No meeting listed in the filing.

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

Statutory auditor

Named in the results for the quarter to Mar 2026.

  • Walker Chandiok & Co LLPPeer-review certificate valid to May 2028

A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

Newgen Software Technologies AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Newgen Software Technologies dividend history

Annual general meeting, 24 Jul 2026

2,00,160 shareholders on the register on 17 Jul 2026; present: 2 promoters and 176 others; votes counted by Devesh Kumar Vasisht / M/s DPV & Associates LLP.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended 31st March 2026 and the reports of the Board of Directors and Auditors thereon
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 65.79% · promoters 100.00% · institutions 46.47% · other public 8.06%

  2. To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the financial year ended 31st March 2026 and the report of Auditors there on
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 65.79% · promoters 100.00% · institutions 46.47% · other public 8.06%

  3. To declare a final dividend of Rs. 6/- (Rupees Six only) per Equity Share having a Face value of Rs. 10/- (Rupees Ten) each of the Company for the financial year ended 31st March 2026
    Ordinary
    96.57% for3.43% against

    Against: promoters 0.00% · institutions 21.74% · other public 0.02%

    Turnout: all 65.79% · promoters 100.00% · institutions 46.49% · other public 8.06%

  4. To appoint a director in place of Mrs. Priyadarshini Nigam (DIN: 00267100), who retires by rotation and being eligible, offers herself for re-appointment
    Ordinary
    99.36% for0.64% against

    Against: promoters 0.00% · institutions 0.61% · other public 18.29%

    Turnout: all 65.79% · promoters 100.00% · institutions 46.48% · other public 8.06%

  5. To re-appoint M/s Walker Chandiok & Co LLP, Chartered Accountants (Firm Registration No. 001076N/N500013) as Statutory Auditors of the Company for the Second Term of Five (5) Years
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 65.76% · promoters 100.00% · institutions 46.48% · other public 7.94%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 10 Jan 2026, 1 resolution

1,66,894 shareholders on the register on 5 Dec 2025; votes counted by Devesh Kumar Vasisht / M/s DPV & Associates LLP.The company's voting result (opens in a new tab)

  1. APPOINTMENT OF MS. SHUBHI NIGAM (DIN: 11385232) AS A NON-EXECUTIVE NON-INDEPENDENT DIRECTOR OF THE COMPANY
    OrdinaryPromoters have an interest in it
    99.37% for0.63% against

    Against: promoters 0.00% · institutions 1.68% · other public 6.89%

    Turnout: all 60.23% · promoters 82.75% · institutions 50.80% · other public 11.16%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 25 Jul 2025, 5 resolutions

1,52,228 shareholders on the register on 18 Jul 2025; present: 3 promoters and 143 others; votes counted by Devesh Kumar Vasisht / M/s DPV & Associates LLP.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended 31st March 2025 and the reports of the Board of Directors and Auditors thereon
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 70.68% · promoters 100.00% · institutions 54.18% · other public 8.63%

  2. To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the financial year ended 31st March 2025 and the report of Auditors thereon
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 70.68% · promoters 100.00% · institutions 54.18% · other public 8.63%

  3. To declare a final dividend of Rs. 5/- (Rupees Five only) per Equity Share having a Face value of Rs. 10/- (Rupees Ten) each of the Company for the financial year ended 31st March 2025
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 70.73% · promoters 100.00% · institutions 54.34% · other public 8.66%

  4. To appoint a director in place of Mr. Diwakar Nigam (DIN: 00263222), who retires by rotation and being eligible, offers himself for re-appointment
    OrdinaryPromoters have an interest in it
    99.14% for0.86% against

    Against: promoters 0.00% · institutions 3.11% · other public 8.16%

    Turnout: all 70.73% · promoters 100.00% · institutions 54.33% · other public 8.66%

  5. Appointment of Secretarial Auditor
    OrdinaryPromoters have an interest in it
    99.84% for0.16% against

    Against: promoters 0.00% · institutions 0.72% · other public 0.02%

    Turnout: all 70.72% · promoters 100.00% · institutions 54.33% · other public 8.63%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 28 Feb 2025, 1 resolution

1,48,973 shareholders on the register on 24 Jan 2025; votes counted by Devesh Kumar Vasisht / M/s DPV & Associates LLP.The company's voting result (opens in a new tab)

  1. Re-Appointment of Mrs. Padmaja Krishnan (DIN: 03155610) as a Non-Executive Independent Director of the Company for The Second Term of Five (5) Years
    Special
    99.60% for0.40% against

    Against: promoters 0.00% · institutions 1.72% · other public 0.13%

    Turnout: all 72.21% · promoters 100.00% · institutions 58.43% · other public 6.81%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 9 Sep 2024, 1 resolution

The company's voting result (opens in a new tab)

  1. Appointment of Mr. Sudhir Kumar Sethi (Din: 00058105) as a Non-Executive Independent Director of the Company
    Special
    99.68% for0.32% against

    Against: promoters 0.00% · institutions 1.00% · other public 0.38%

    Turnout: all 81.16% · promoters 100.00% · institutions 91.78% · other public 5.44%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 25 Jul 2024, 10 resolutions

Present: 3 promoters and 113 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the Financial Year ended 31st March 2024 and the reports of the Board of Directors and Auditors thereon
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 76.11% · promoters 100.00% · institutions 71.58% · other public 10.73%

  2. To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the Financial Year ended 31st March 2024 and the report of Auditors thereon
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 76.11% · promoters 100.00% · institutions 71.58% · other public 10.73%

  3. To declare a final Dividend of Rs. 4/- (Rupees Four only) per Equity Share having a Face value of Rs. 10/- (Rupees Ten) each of the Company for the Financial Year ended 31st March 2024
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 76.38% · promoters 100.00% · institutions 72.55% · other public 10.73%

  4. To appoint a Director in place of Mr. T.S. Varadarajan (DIN: 00263115), who retires by rotation and being eligible, offers himself for re-appointment
    Ordinary
    98.95% for1.05% against

    Against: promoters 0.00% · institutions 3.98% · other public 0.16%

    Turnout: all 76.38% · promoters 100.00% · institutions 72.55% · other public 10.73%

  5. Re-appointment of Mr. Diwakar Nigam (DIN: 00263222) as the Chairman & Managing Director of the Company for a period of five (5) yearsn
    Special
    98.25% for1.75% against

    Against: promoters 0.00% · institutions 6.62% · other public 0.00%

    Turnout: all 76.38% · promoters 100.00% · institutions 72.55% · other public 10.73%

  6. Re-appointment of Mr. T. S. Varadarajan (DIN: 00263115) as Whole-time Director of the Company for a period of five (5) years
    Special
    98.88% for1.12% against

    Against: promoters 0.00% · institutions 4.24% · other public 0.16%

    Turnout: all 76.38% · promoters 100.00% · institutions 72.55% · other public 10.73%

  7. Re-appointment of Mrs. Priyadarshini Nigam (DIN: 00267100) as Whole-time Director of the Company for a period of five (5) years
    Special
    98.88% for1.12% against

    Against: promoters 0.00% · institutions 4.24% · other public 0.01%

    Turnout: all 76.38% · promoters 100.00% · institutions 72.55% · other public 10.73%

  8. Payment of Commission to Non-Executive Directors
    Ordinary
    99.66% for0.34% against

    Against: promoters 0.00% · institutions 1.25% · other public 0.52%

    Turnout: all 76.38% · promoters 100.00% · institutions 72.55% · other public 10.73%

  9. Approval for increase in the pool of the Stock Options and other amendments in Newgen Software Technologies Limited Employees Stock Option Scheme – 2022
    Special
    89.74% for10.26% against

    Against: promoters 0.00% · institutions 38.84% · other public 0.26%

    Turnout: all 76.38% · promoters 100.00% · institutions 72.55% · other public 10.73%

  10. Approval for grant of stock options to the employees of group company including subsidiary companies or its associate company, in India or outside India, of the company under Newgen Software Technologies Limited Employees Stock Option Scheme –2022MoreLess
    Special
    89.56% for10.44% against

    Against: promoters 0.00% · institutions 39.54% · other public 0.19%

    Turnout: all 76.38% · promoters 100.00% · institutions 72.55% · other public 10.73%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 2 Jan 2024, 2 resolutions

The company's voting result (opens in a new tab)

  1. Increase the Authorized Share Capital of the Company and consequent amendment to the capital clause of the Memorandum of Association of the Company.
    Ordinary
    99.81% for0.19% against

    Against: promoters 0.00% · institutions 0.13% · other public 5.43%

    Turnout: all 79.46% · promoters 100.00% · institutions 87.88% · other public 11.35%

  2. To capitalize the Reserves and issue bonus shares to the Members of the Company
    Ordinary
    99.51% for0.49% against

    Against: promoters 0.00% · institutions 1.21% · other public 5.43%

    Turnout: all 79.46% · promoters 100.00% · institutions 87.88% · other public 11.35%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 27 Jun 2023, 4 resolutions

Present: 3 promoters and 114 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the Financial Year ended 31st March 2023 and the Reports of the Board of Directors and Auditors thereon
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.03%

    Turnout: all 70.86% · promoters 100.00% · institutions 57.33% · other public 10.79%

  2. To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the Financial Year ended 31st March 2023 and the report of Auditors thereon
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.03%

    Turnout: all 70.86% · promoters 100.00% · institutions 57.33% · other public 10.79%

  3. To declare a final Dividend of Rs. 5/- (Rupees Five only) per equity share having a Face value of Rs. 10/- each of the Company for the Financial Year ended 31st March 2023
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.03%

    Turnout: all 71.04% · promoters 100.00% · institutions 58.10% · other public 10.79%

  4. To appoint a director in place Ms. Priyadarshini Nigam (DIN: 00267100), who retires by rotation and being eligible, offers herself for re-appointment
    OrdinaryPromoters have an interest in it
    98.98% for1.02% against

    Against: promoters 0.00% · institutions 5.31% · other public 0.09%

    Turnout: all 71.04% · promoters 100.00% · institutions 58.10% · other public 10.79%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

How mutual funds voted

Fund houses must disclose how they vote at every meeting of a company they hold.Funds that hold it

Mutual fund votes, meeting of 24 Jul 2026, 8 fund houses so far (houses' deadline to file 15 Oct 2026)

  • To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended 31st March 2026 and the reports of the Board of Directors and Auditors thereon
    8 for0 against
  • To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the financial year ended 31st March 2026 and the report of Auditors there on
    8 for0 against
  • To declare a final dividend of Rs. 6/- (Rupees Six only) per Equity Share having a Face value of Rs. 10/- (Rupees Ten) each of the Company for the financial year ended 31st March 2026
    8 for0 against
  • To appoint a director in place of Mrs. Priyadarshini Nigam (DIN: 00267100), who retires by rotation and being eligible, offers herself for re-appointment
    8 for0 against
  • To re-appoint M/s Walker Chandiok & Co LLP, Chartered Accountants (Firm Registration No. 001076N/N500013) as Statutory Auditors of the Company for the Second Term of Five (5) Years
    8 for0 against

Mutual fund votes, meeting of 10 Jan 2026, 21 fund houses

  • APPOINTMENT OF MS. SHUBHI NIGAM (DIN: 11385232) AS A NON-EXECUTIVE NON-INDEPENDENT DIRECTOR OF THE COMPANY
    21 for0 against
6 earlier meetings

Mutual fund votes, meeting of 25 Jul 2025, 18 fund houses

  • To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended 31st March 2025 and the reports of the Board of Directors and Auditors thereon
    18 for0 against
  • To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the financial year ended 31st March 2025 and the report of Auditors thereon
    18 for0 against
  • To declare a final dividend of Rs. 5/- (Rupees Five only) per Equity Share having a Face value of Rs. 10/- (Rupees Ten) each of the Company for the financial year ended 31st March 2025
    18 for0 against
  • To appoint a director in place of Mr. Diwakar Nigam (DIN: 00263222), who retires by rotation and being eligible, offers himself for re-appointment
    Against Angel One Mutual Fund, Axis Mutual Fund, Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, Nippon India Mutual Fund
    • Angel One Mutual FundGovernance concern: Combined position as Chairman & Managing Director may leads to concentration of power in the hands of a single person.
    • Axis Mutual Fund, Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual FundCompliant with law. No concern on the merits of proposed appointee. Governance concern: Combined position as Chairman & MD may leads to concentration of power in the hands of a single person.
    • Nippon India Mutual FundGovernance concern: Combined position as Chairman & MD may leads to concentration of power in the hands of a single person.
    10 for8 against
  • Appointment of Secretarial Auditor
    Against Angel One Mutual Fund, Axis Mutual Fund, Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, Nippon India Mutual Fund
    • Angel One Mutual FundTransparency concern: The Company has not disclosed the audit fee paid to outgoing auditor and any material change in the proposed audit fee and justification behind material change, if any.
    • Axis Mutual Fund, Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual FundCompliant with law. No concern on the merits of proposed Auditors. Transparency concern: The Company has not disclosed the audit fee paid to outgoing and any material change in the proposed audit fee and justification behind material change if any.
    • Nippon India Mutual FundTransparency concern: No adequate disclosure
    10 for8 against

Mutual fund votes, meeting of 28 Feb 2025, 14 fund houses

  • Re-Appointment of Mrs. Padmaja Krishnan (DIN: 03155610) as a Non-Executive Independent Director of the Company for The Second Term of Five (5) Years
    14 for0 against

Mutual fund votes, meeting of 9 Sep 2024, 10 fund houses

  • Appointment of Mr. Sudhir Kumar Sethi (Din: 00058105) as a Non-Executive Independent Director of the Company
    10 for0 against

Mutual fund votes, meeting of 25 Jul 2024, 9 fund houses

  • To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the Financial Year ended 31st March 2024 and the reports of the Board of Directors and Auditors thereon
    9 for0 against
  • To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the Financial Year ended 31st March 2024 and the report of Auditors thereon
    9 for0 against
  • To declare a final Dividend of Rs. 4/- (Rupees Four only) per Equity Share having a Face value of Rs. 10/- (Rupees Ten) each of the Company for the Financial Year ended 31st March 2024
    9 for0 against
  • To appoint a Director in place of Mr. T.S. Varadarajan (DIN: 00263115), who retires by rotation and being eligible, offers himself for re-appointment
    Against Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund
    • Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundNon-Compliant with SEBI LODR Regulations: Prior shareholder approval not obtained for continuation beyond 70 years.
    6 for3 against
  • Re-appointment of Mr. Diwakar Nigam (DIN: 00263222) as the Chairman & Managing Director of the Company for a period of five (5) yearsn
    Against Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund
    • Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundCompliant with law. Governance concern: Combined position of Chairman and Managing Director, No absolute cap on commission.
    6 for3 against
  • Re-appointment of Mr. T. S. Varadarajan (DIN: 00263115) as Whole-time Director of the Company for a period of five (5) years
    Against Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund
    • Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundNon-Compliant with SEBI LODR Regulations: Prior shareholder approval not obtained for continuation beyond 70 years. Governance concern: No absolute cap on commission.
    6 for3 against
  • Re-appointment of Mrs. Priyadarshini Nigam (DIN: 00267100) as Whole-time Director of the Company for a period of five (5) years
    Against Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund
    • Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundCompliant with law. Governance concern: No absolute cap on commission.
    6 for3 against
  • Payment of Commission to Non-Executive Directors
    9 for0 against
  • Approval for increase in the pool of the Stock Options and other amendments in Newgen Software Technologies Limited Employees Stock Option Scheme – 2022
    Against HDFC Mutual Fund
    • HDFC Mutual FundESOPs/RSUs are granted at a significant discount to market price
    8 for1 against
  • Approval for grant of stock options to the employees of group company including subsidiary companies or its associate company, in India or outside India, of the company under Newgen Software Technologies Limited Employees Stock Option Scheme –2022MoreLess
    Against Bandhan Mutual Fund, Groww Mutual Fund, HDFC Mutual Fund, Motilal Oswal Mutual Fund
    • Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundCompliant with law. Governance Concern: Extension of scheme to group companies without compelling reasons / justifications.
    • HDFC Mutual FundESOPs/RSUs are granted at a significant discount to market price
    5 for4 against

Mutual fund votes, meeting of 2 Jan 2024, 7 fund houses

  • Increase the Authorized Share Capital of the Company and consequent amendment to the capital clause of the Memorandum of Association of the Company.
    7 for0 against
  • To capitalize the Reserves and issue bonus shares to the Members of the Company
    7 for0 against

Mutual fund votes, meeting of 27 Jun 2023, 3 fund houses

  • To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the Financial Year ended 31st March 2023 and the Reports of the Board of Directors and Auditors thereon
    3 for0 against
  • To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the Financial Year ended 31st March 2023 and the report of Auditors thereon
    3 for0 against
  • To declare a final Dividend of Rs. 5/- (Rupees Five only) per equity share having a Face value of Rs. 10/- each of the Company for the Financial Year ended 31st March 2023
    3 for0 against
  • To appoint a director in place Ms. Priyadarshini Nigam (DIN: 00267100), who retires by rotation and being eligible, offers herself for re-appointment
    3 for0 against

Each fund house counted once, from its own disclosure; the reasons are its own words.

Fines and tax disputes

Reported in the filing for the quarter to Sep 2026.

  • Fine or penaltyOffice of the Commissioner,Central Goods & Services Tax Audit Commissionerate, Noida (Assistant Commissioner, Circle-7 / Group-7(2)), CGST, NoidaSince 1 Sep 2026

    GST Audit Report No. 105/2026-27 in Form GST ADT-02 issued under Section 65(6) of the CGST Act, 2017 for FY 2020-21 to FY 2023-24. The report records five audit objections, directs discharge of statutory liabilities, and notes that the taxpayer agreed with the observations and deposited the amounts through DRC-03.

    1. Non-payment of GST under RCM on lease rent paid to Yamuna Expressway Industrial Development Authority. 2. Availment of ineligible ITC under Section 17(5) relating to civil construction, hotel accommodation, travel, gifts and employee incentives. 3. Blocked ITC for FY 2023-24 reversed in GSTR-3B Table 4B(2) as temporary instead of permanent reversal in Table 4B(1). 4. Short payment of GST due to difference in taxable turnover reported in GSTR-9 and GSTR-9C. 5. Excess availment of IGST ITC for FY 2022-23 compared with GSTR-2A/2B/8A.MoreLess
  • Tax disputeAssessment Unit, Income Tax DepartmentSince 29 Sep 2023
    Pending for Hearing before CIT(A)
    At the filing before: Appeal filed before CIT(A) vide Form 35 dated 07 October 2023
  • Tax disputeAssessment Unit, Income Tax DepartmentSince 30 Dec 2023
    Pending for Hearing before CIT(A)
    At the filing before: Appeal filed before CIT(A) vide Form 35 dated 23 January 2024
  • Tax disputeAssessment Unit, Income Tax DepartmentSince 19 Mar 2026
    Pending for Hearing before CIT(A)
    At the filing before: Appeal filed before CIT(A) vide Form 35 dated 03 April 2026

In the company's own words, from its latest governance filing.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

  • Received
  • Resolved

Open at the quarter's end

None open at any quarter's end.
The board is made up as the listing rules require
Yes
The board has a regular chairperson
Yes
The company has a risk management committee
Yes
The chair is related to the managing director
Yes
The filing has a part on fines and penalties
Yes
The filing has a part on tax disputes
Yes
There was a cyber security incident in the quarter
No

The company's own answers in its filing.