Newgen Software Technologies Ltd.

Newgen Software Technologies has informed that to the best of the information available with Management, there is no information/ event/ announcements, that have a bearing on the operation/ performance of the Company which includes all price sensitive information, etc. other than those which have already been disclosed to the stock exchanges from time to time, under Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. The Company shall continue to make appropriate disclosures, in accordance with applicable regulations, as and when any disclosable event occurs in due course. Therefore, the increase in the share volume of the Company may be due to multiple factors beyond the Company’s control, including market sentiment, investor behaviour, global economic conditions, sectoral trends, etc. and the management of the Company is in no way connected with any such increase in volume in the shares of the Company. 

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