Newgen Software Technologies Limited has formally announced the retirement of Mr. Manojit Majumdar, Vice President-Channel Sales, effective from the close of business hours on February 27, 2026. Mr. Majumdar was designated as Senior Management Personnel. The company confirmed that since the cessation is due to retirement (Superannuation), a formal resignation letter was not required for the disclosure process.
Cessation of Senior Management Role
Newgen Software Technologies Limited has informed stakeholders regarding a change in its senior management structure. Mr. Manojit Majumdar, holding the position of Vice President-Channel Sales, has retired from the services of the Company.
Effective Date and Reason
The retirement became effective on February 27, 2026, following the close of business hours on that day. The official reason cited for this change in status is Superannuation. As the cessation occurred under retirement rules, the requirement for obtaining and submitting a formal resignation letter has been deemed not applicable in this instance.
Disclosure Confirmation
The details pertaining to this change have been furnished as per regulatory mandates, confirming that the brief profile and any disclosure of director relationships are Not Applicable for this retirement event. The filing confirms the company’s compliance with all necessary disclosure requirements related to this departure.
Source: BSE
