Newgen Software Technologies shares to trade ex-bonus today

Newgen Software bonus record date, Newgen Software bonus ex date: Unified digital transformation platform provider Newgen Software Technologies will be in focus on Dalal Street on Friday, January 12, as the counter will trade ex-bonus. Earlier, the company’s board declared a bonus issue in the ratio of 1:1.  

Newgen Software bonus news

Eligible shareholders will get one new fully paid-up bonus equity share of face value Rs 10 each for every one existing fully paid-up equity share of face value of Rs 10 held, as part of the arrangement. 

"Recommended the issue of Bonus Shares in the proportion of 1:1 i.e. 1 (One) new fully paid-up bonus equity share of Rs.10/- (Rupees Ten only) each for every 1 (One) existing fully paid-up equity share of Rs.10/- (Rupees Ten only) each held by the Members of the Company as on the Record Date, subject to approval of the Members through Postal Ballot," the company said in a regulatory filing dated November 27. 

Newgen Software bonus record date 

The company had fixed Friday, January 12 as the record date, for the purpose of ascertaining the eligibility of members entitled for issuance of bonus shares. 

What does Newgen Software Technologies do? 

Newgen is a provider of a unified digital transformation platform with native process automation, content services, and communication management capabilities. 

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