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Newgen Software Technologies is a global software Company and is engaged in the business of software product development including designing and delivering end-to-end software solutions covering the entire spectrum of software services from workflow automation to Document management to imaging.
CRISIL has reaffirmed Newgen Software's short-term rating at CRISIL A1 for its debt instruments/bank facilities. This reaffirmation covers total facilities worth Rs. 125 Cr, notably enhanced from Rs. 96 Cr previously. The consistent rating despite increased facilities reflects CRISIL's confidence in Newgen Software's short-term creditworthiness.
Significant increase in volume has been observed in Newgen Software Technologies Limited. The Exchange, in order to ensure that investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, had written to the company. Newgen Software Technologies...