News Announcement

Newgen Software Technologies: Announcement under Regulation 30 (LODR)-Credit Rating

This is to inform you that ICRA has reaffirmed the short-term rating of [ICRA] A2+ (pronounced ICRA A two plus) assigned earlier to the Rs. 80.50 Crore line of credit of the Company and also assigned a short-term rating of [ICRA] A2+ (pronounced ICRA A two plus) to the additional limit of Rs. 14.50 Crore Non-fund Based Facilities. The aforesaid ratings will be due for surveillance anytime before December 31 2019.

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