NEWGEN NSE filing

Newgen Software Appoints Tarun Nandwani as CEO, Pramod Kumar as CGO; T.S. Varadarajan Named Vice Chairman

The RealCase readMedium impact Positive

Newgen Software appointed Tarun Nandwani as CEO from August 1, 2026, for 18 months. Pramod Kumar was appointed Chief Growth Officer from August 1, 2026. T.S. Varadarajan was designated Vice Chairman with immediate effect. These appointments follow the resignation of the previous CEO.

Why it matters

The appointments of a new CEO and CGO, along with a Vice Chairman, are significant leadership changes that can impact the company's strategic direction and operational execution.

The market read

The appointment of key leadership roles with experienced internal candidates is a positive development for the company's stability and future growth.

Newgen Software Technologies Limited announced significant leadership changes following its Board of Directors meeting held on July 02, 2026. The board approved the appointment of Mr. Tarun Nandwani as the new Chief Executive Officer (CEO) and Key Managerial Personnel (KMP). This appointment is effective from August 01, 2026, and will continue for a period of 18 months, concluding on January 31, 2028. Mr. Nandwani currently serves as the Chief Operating Officer and has been with Newgen for 33 years, playing a key role in shaping the company's platform vision, customer relationships, and market presence. His tenure has seen significant expansion in revenue and profitability.

Additionally, Mr. Pramod Kumar has been appointed as the Chief Growth Officer (CGO) and Key Managerial Personnel (KMP), also effective from August 01, 2026. Mr. Kumar, with 27 years of experience at Newgen, has held leadership roles across product management, R&D, strategy, and business development. He was instrumental in driving the growth of Newgen's APAC business, increasing regional revenues from approximately ₹73 crore to ₹237 crore over five years. His appointment aims to accelerate growth through stronger alignment across markets, products, and customers.

The Board also approved the designation of Mr. T. S. Varadarajan, a Whole-time Director, as Vice Chairman of the Company with immediate effect. Mr. Varadarajan, a co-founder of Newgen, will continue in his role as Whole-time Director. He brings 51 years of experience in software design and development.

Filing to action

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Newgen Software Technologies Limited filed this with the NSE as a statutory disclosure, categorised under key management changes. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.

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Primary source

A plain-language summary of a public exchange filing by Newgen Software Technologies Limited. Read the original for the full detail.

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