Newgen Software Technologies Ltd.

BSE: 540900 | NSE: NEWGEN
Small Cap | IT - Software
852.65
-4.55 (-0.53%)
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Newgen Software Technologies informs about clarification

Date: 21-05-2025
Newgen Software Technologies has informed that disclosure is being made with respect to the significant movement in price and volume of securities across stock exchanges in the recent past (20th May 2025). All material events and information bearing on the operations or performance of the Company, including price-sensitive information, are disclosed to the stock exchanges in a timely manner, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. It is pertinent to note that stock prices in the secondary market are subject to volatility due to multiple factors beyond the Company’s control, including market sentiment, investor behaviour, global economic conditions, sectoral trends, etc. Further, it has come to notice that certain media articles have inaccurately reported the order value mentioned in its stock exchange announcements dated 12th May 2025. Stakeholders are advised to rely only on the official stock exchange disclosures for accurate information.

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