Chairman & Managing Director continues indisposed, unavailable to discharge office duties
Newgen Software has told the exchanges that Mr. Diwakar Nigam, Chairman & Managing Director, continues to remain indisposed and is presently unavailable to discharge the duties of his office in a regular manner.
By ScoutQuest · · 1 min read
- Person
- Mr. Diwakar Nigam, Chairman & Managing Director
- Status
- continues to remain indisposed and is presently unavailable to discharge the duties of his office in a regular manner
- Prior disclosure date
- 30th June 2026
What the company has disclosed
- Mr. Diwakar Nigam, Chairman & Managing Director of Newgen Software Technologies Limited, continues to remain indisposed.
- He is presently unavailable to discharge the duties and responsibilities of his office in a regular manner.
- The update is in continuation of the disclosure the company made on 30th June 2026.
- The intimation was shared under Regulation 30 read with Para A, Clause 7D of Part A of Schedule III of the SEBI LODR Regulations.
What the company says about its business
- Appropriate arrangements are in place to ensure continuity of the company's business and operations.
- The business and operations of the company continue in the ordinary course.
- The company will keep the stock exchanges informed of any further material developments in this regard.
How a retail reader can think about it
- The Chairman & Managing Director is a senior leadership position. A continuing absence means the duties of that office are being carried out through the arrangements the company has described.
- The company's own statement is that operations are not disrupted and are running in the ordinary course.
- The update describes the position as continuing, i.e. the same situation as previously disclosed is still in place.
What to track
- Further disclosures from the company on this matter, which it has said it will make as required.
In short, the update is about the continuing unavailability of the company's Chairman & Managing Director, with the company stating that continuity arrangements are in place and business is running normally.
Also from Newgen Software Technologies
Newgen Software makes available audio recording of 23 October 2026 conference call on Q2 FY27 results
23 Oct 2026
Newgen Software Technologies Ltd press release, Q2 FY27
23 Oct 2026
Newgen Q2 FY27 revenue from operations up 5.4% to INR 4,222 Mn, PAT up 6.3% with 36.4% SaaS growth
23 Oct 2026
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