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Newgen Software Technologies informs about outcome of board meeting

20 Mar 2024 Evaluate
Newgen Software Technologies has informed that the Board of Directors of the Company at its meeting held today Wednesday, 20th March 2024 which commenced at 01:00 pm and concluded at 1:20 pm has: 1. Issued and allotted 13,000 Equity Shares of face value of Rs 10 each to Newgen ESOP Trust, under Newgen ESOP Scheme - 2022. These shares shall rank with the existing equity shares of the Company, in all respects. 2. Issued and allotted 1,40,000 Equity Shares of face value of Rs 10 each to Newgen ESOP Trust, under Newgen ESOP Scheme - 2014.These shares shall rank with the existing equity shares of the Company, in all respects. Consequently, post allotment of shares, the paid-up capital of the Company stands increased from 140,13,88,020 to Rs.140,29,18,020. 3. Consider and approve the Grant of 3,86,900 ESOPs under Newgen Employees Stock Option Scheme - 2022. The above information will be made available on the Company’s website at www.newgensoft.com. 

The above information is a part of company’s filings submitted to BSE. 

Newgen Software Tech Share Price

517.55 45.05 (9.53%)
10-Jul-2026 16:59 View Price Chart
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