Newgen Software Technologies Limited promoter T S Varadarajan has submitted a disclosure to stock exchanges under the SEBI Takeover Regulations confirming no fresh encumbrance on equity shares during the financial year ended 31 March 2026.
The disclosure under Regulation 31(4) of the SEBI Substantial Acquisition of Shares and Takeovers Regulations 2011 was filed with BSE Limited and the National Stock Exchange of India Limited. Varadarajan dated the disclosure 6 April 2026 covering the full fiscal year 2025-26.
Varadarajan declared that he along with persons acting in concert have not made any encumbrance on equity shares of Newgen Software Technologies directly or indirectly. The declaration excludes encumbrances that were already reported to the exchanges during the fiscal year.
Encumbrance under the SEBI takeover code includes pledges liens hypothecation and any other charge on shares. Promoters must submit this annual disclosure confirming the status of encumbrances on their shareholding at the end of each financial year.
Newgen Software Technologies Limited is listed on BSE under scrip code 540900 and on NSE under the symbol NEWGEN. It develops digital transformation platforms including business process management enterprise content management and customer communication management solutions for clients in banking insurance and government sectors.
The promoter group has maintained the same encumbrance status on its shareholding as previously reported to the exchanges. No additional shares were pledged or collateralised by T S Varadarajan and persons acting in concert during FY26.
Disclaimer: This article is based on company filings submitted to the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) and is for informational purposes only. It does not constitute investment advice or a recommendation. Investors should conduct their own research and consult a qualified financial advisor before making investment decisions.