StockWatch
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IT Enabled Services
Management Change2 Jul 2026, 02:10 pm

Newgen Software Appoints Tarun Nandwani as CEO, Pramod Kumar as CGO

AI Summary

Newgen Software Technologies Limited announced significant management changes following a Board of Directors meeting on July 2, 2026. Mr. Tarun Nandwani has been appointed as the new Chief Executive Officer (CEO) and Key Managerial Personnel (KMP), effective August 1, 2026, for a term of 18 months. He was previously the Chief Operating Officer. Additionally, Mr. Pramod Kumar has been appointed as Chief Growth Officer (CGO) and KMP, also effective August 1, 2026. Mr. T. S. Varadarajan has been designated as Vice Chairman, in addition to his role as Whole-time Director. These appointments follow the resignation of Mr. Virender Jeet as CEO.

Key Highlights

  • Tarun Nandwani appointed CEO and KMP for 18 months from August 1, 2026.
  • Pramod Kumar appointed Chief Growth Officer (CGO) and KMP from August 1, 2026.
  • T. S. Varadarajan designated as Vice Chairman, continuing as Whole-time Director.
  • Appointments follow the resignation of former CEO, Mr. Virender Jeet.