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Newgen Software Technologies Limited Capital/Financing Update 2022

Jan 18, 2022

61831_rns_2022-01-18_8b9018e1-75da-4827-b97d-a7e89bb7d944.pdf

Capital/Financing Update

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Newgen Software Technologies Limited

CIN: L72200DL1992PLC049074

Regd. Office: A-6, Satsang Vihar Marg, Qutab Institutional Area, New Delhi - 110 067, INDIA Email: [email protected] URL: https://newgensoft.com Tel.: (+91)-11-4077 0100, (+91)-11-2696 3571, 2696 4733, Fax: (+91)-11-2685 6936

Date: 18[th] January 2022

BSE LimitedPhiroze Jeejeebhoy Towers,Dalal Street,Mumbai – 400001 National Stock Exchange of India LimitedExchange Plaza, Plot No. C/1, G Block,Bandra- Kurla ComplexBandra (E), Mumbai – 400051
Ref.: Newgen Software Technologies Limited(NEWGEN/INE619B01017)Scrip Code–540900 Ref.: Newgen Software Technologies Limited(NEWGEN/INE619B01017)

Sub.: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Dear Sir/ Ma’am,

We would like to inform you that the Board of Directors of the Company at its meeting held today has approved for incorporation of a wholly owned subsidiary of the Company in United Arab Emirates and to make initial investment upto 5 million AED (“Arab Emirates Dirham”) in the proposed subsidiary by subscribing to its share capital.

This is for your kind information and record.

Thanking you.

For Newgen Software Technologies Limited

AMAN Digitally signed by AMAN MOURYA MOURYA Date: 2022.01.18 13:42:28 +05'30' Aman Mourya Company Secretary