AI assistant
Newgen Software Technologies Limited — Capital/Financing Update 2024
Mar 20, 2024
61831_rns_2024-03-20_39199225-0d67-4056-a799-9d47b6b3ea07.pdf
Capital/Financing Update
Open in viewerOpens in your device viewer
==> picture [140 x 37] intentionally omitted <==
Newgen Software Technologies Limited
CIN: L72200DL 1992PLC049074, Registered Office: E-44/13, Okhla Phase II, New Delhi 110020, India Tel: +91 11 46533200, 26384060, 26384146 Fax:+91 11 26383963
Date: 20[th] March 2024
| BSE Limited | National Stock Exchange of India Limited |
|---|---|
| Phiroze Jeejeebhoy Towers, | Exchange Plaza, Plot No. C/1, G Block, |
| Dalal Street, | Bandra- Kurla Complex |
| Mumbai – 400001 | Bandra (E), Mumbai – 400051 |
| Ref.: Newgen Software Technologies Limited | Ref.: Newgen Software Technologies Limited |
| (NEWGEN/INE619B01017) | (NEWGEN/INE619B01017) |
| Scrip Code – 540900 |
Sub.: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Ref: Grant of ESOP’s under Newgen Employees Stock Option Scheme – 2022
Dear Sir/Ma’am,
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that today i.e. Wednesday, 20[th] March 2024, the Nomination & Remuneration Committee of the Company, has approved -
- Following options under Newgen Employees Stock Option Scheme -2022 to its identified employees as below:
| S.No.1. 2. 3. 4. 5. 6. | ParticularsTotal Number of ESOP’s grantedWhether the scheme is in terms ofSEBI(ShareBasedEmployeeBenefitsandSweatEquity)Regulations, 2021Total number of shares covered bythese ESOP’sExercise PriceVesting periodTime within which ESOP’s may beexercised | Details3,86,900Yes3,86,900Rs. 640.10/-Time PeriodAt the end of 1styearfrom the grant dateAt the end of 2ndyearfrom the grant dateAt the end of 3rdyearfrom the grant dateAt the end of 4thyearfrom the grant dateWithin five years from the | % of Options to bevested10% of the OptionsGranted20% of the OptionsGranted30% of the OptionsGranted40% of the OptionsGranteddate of respective vesting. |
|---|
==> picture [596 x 30] intentionally omitted <==
==> picture [140 x 37] intentionally omitted <==
Newgen Software Technologies Limited
CIN: L72200DL 1992PLC049074, Registered Office: E-44/13, Okhla Phase II, New Delhi 110020, India Tel: +91 11 46533200, 26384060, 26384146 Fax:+91 11 26383963
This is for your kind information and record.
Thanking You. For Newgen Software Technologies Limited
Aman Digitally signed by Aman Mourya Date: 2024.03.20 Mourya 13:52:01 +05'30' Aman Mourya Company Secretary
==> picture [596 x 30] intentionally omitted <==