BSECompany Update2d ago · 3 Sept 2026, 07:21 pm
Enclosed Credit Rating disclosure.
Newgen Software Technologies Ltd · 540900
✦ AI SummaryRating Change
Newgen Software Technologies Ltd has announced that CRISIL has reaffirmed the short-term rating of CRISIL A1 for debt instruments/facilities of the Company. The ratings will remain valid till 31st March 2027.
Analysis Scores
Earnings Impact1/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10
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Full Announcement
Newgen Software Technologies Ltd - 540900 - Announcement under Regulation 30 (LODR)-Credit Rating
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Newgen Software Technologies Limited
CIN: L72200DL 1992PLC049074, Registered Office: E-44/13, Okhla Phase II, New Delhi 110020, India
Tel: +91 11 46533200, 26384060, 26384146 Fax:+91 11 26383963
Date: 03rd September 2026
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot No. C/1, G Block,
Dalal Street, Bandra- Kurla Complex
Mumbai – 400001 Bandra (E), Mumbai – 400051
Ref.: Newgen Software Technologies Limited Ref.: Newgen Software Technologies Limited
(NEWGEN/INE619B01017) (NEWGEN/INE619B01017)
Scrip Code – 540900
Sub:-Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015
Dear Sir/ Ma'am,
This is to inform you that CRISIL has reaffirmed the short-term rating of CRISIL A1 for debt
instruments/facilities of the Company as under:
Bank Facility Amount (Rs. in Outstanding
Crore) Rating
Bank Guarantee 10 CRISIL A1
Export Packing Credit & Export 115 CRISIL A1
Bills Negotiation/Foreign Bill
Discounting*
Total 125
* Export Packing Credit & Export Bills Negotiation/Foreign Bill Discounting and Bank Guarantee are
interchangeable.
The aforesaid ratings will remain valid till 31st March 2027.
A copy of the letter No. RL/NEWSOFT/395286/BLR/0926/158059 dated 2nd September 2026, as
received from CRISIL in this regard, is enclosed herewith.
This is for your kind information and record.
Thanking You.
For Newgen Software Technologies Limited
Aman Mourya
Company Secretary & Head Legal
Encl.: a/a
CONFIDENTIAL
RL/NEWSOFT/395286/BLR/0926/158059
September 02, 2026
Mr. Arun Aggarwal
Authorised Signatory
Newgen Software Technologies Limited
E-44/13, Phase-2,
Okhla
South Delhi - 110020
9810390257
Dear Mr. Arun Aggarwal,
Re: Review of Crisil Ratings on the bank facilities of Newgen Software Technologies Limited
All ratings assigned by Crisil Ratings are kept under continuous surveillance and review.
Please find in the table below the ratings outstanding for the debt instruments/facilities of the company, and the rating
actions by Crisil Ratings on the ratings as on date.
Total Bank Loan Facilities Rated Rs.125 Crore (Enhanced from Rs.96 Crore)
Short Term Rating Crisil A1 (Reaffirmed)
(Bank-wise details as per Annexure 1)
As per our Rating Agreement, Crisil Ratings would disseminate the ratings, along with the outlook, through its
publications and other media, and keep the ratings, along with the outlook, under surveillance over the life of the
instrument/facility. Crisil Ratings reserves the right to withdraw, or revise the ratings, along with the outlook, at any time,
on the basis of new information, or unavailability of information, or other circumstances which Crisil Ratings believes
may have an impact on the ratings. Please visit www.crisilratings.com and search with the name of the rated entity to
access the latest rating/s.
In the event of the company not availing the proposed facilities within a period of 180 days from the date of this letter, a
fresh letter of revalidation from Crisil Ratings will be necessary.
Crisil Ratings products / activities or ratings of instruments other than securities that are listed or proposed to be listed may
fall under the purview of financial sector regulators (FSRs) other than SEBI. In respect of such products / activities or
ratings (under the purview of other FSRs such as Reserve Bank of India (RBI), Ministry of Corporate Affairs (MCA),
Insurance Regulatory and Development Authority of India (IRDAI), among others), the grievance / dispute redressal and
investor protection mechanisms available under SEBI regulations shall not be applicable. A list of products/activities or
ratings of instruments falling under the purview of various FSRs along with the names of respective FSRs has been duly
disclosed by Crisil Ratings on its website.
A link to the same has been provided below for ready reference:
https://www.crisilratings.com/en/home/our-business/ratings/regulatory-disclosures/list-of-activities-instruments-and-
names-of-regulators.html
This letter will remain valid till March 31, 2027. After this date, please insist for a new rating letter (dated later than March
31, 2027).
Should you require any clarification, please feel free to get in touch with us.
With warm regards,
Yours sincerely,
Disclaimer: A rating by Crisil Ratings reflects Crisil Ratings’ current opinion on the likelihood of timely payment of the obligations under the rated instrument, and does
not constitute an audit of the rated entity by Crisil Ratings. Our ratings are based on information provided by the issuer or obtained by Crisil Ratings from sources it
considers reliable. Crisil Ratings does not guarantee the completeness or accuracy of the information on which the rating is based. A rating by Crisil Ratings is not a
recommendation to buy / sell or hold the rated instrument; it does not comment on the market price or suitability for a particular investor. Crisil Ratings has a practice of
keeping all its ratings under surveillance and ratings are revised as and when circumstances so warrant. Crisil Ratings is not responsible for any errors and especially
states that it has no financial liability whatsoever to the subscribers / users / transmitters / distributors of its ratings. Crisil Ratings’ criteria are available without charge to
the public on the web site, www.crisilratings.com. Crisil Ratings or its associates may have other commercial transactions with the company/entity. For the latest rating
information on any instrument of any company rated by Crisil Ratings, please visit www.crisilratings.com or contact Customer Service Helpdesk at
Crisilratingdesk@crisil.com or at 1800-267-3850
Naman Jain Nivedita Shibu
Associate Director - Crisil Ratings Director - Crisil Ratings
Annexure 1 - Bank-wise details of various facility classes (outstanding facilities)
Amount (Rs.
S.No. Bank Facility Bank Outstanding Rating
in Crore)
1 Bank Guarantee Citibank N. A. 10 Crisil A1
Export Packing Credit &
Export Bills
2 Standard Chartered Bank 25 Crisil A1
Negotiation/Foreign Bill
discounting
Export Packing Credit &
Export Bills
3 HSBC Bank Plc 1.5 Crisil A1
Negotiation/Foreign Bill
discounting
Export Packing Credit &
Export Bills
4 Citi Bank 2.5 Crisil A1
Negotiation/Foreign Bill
discounting
Export Packing Credit &
Export Bills
5 Standard Chartered Bank 50 Crisil A1
Negotiation/Foreign Bill
discounting
Export Packing Credit &
Export Bills
6 HSBC Bank Plc 11 Crisil A1
Negotiation/Foreign Bill
discounting
Export Packing Credit &
Export Bills
7 ICICI Bank Limited 12.5 Crisil A1
Negotiation/Foreign Bill
discounting
Export Packing Credit &
Export Bills
8 Axis Bank Limited 12.5 Crisil A1
Negotiation/Foreign Bill
discounting
Total 125
Disclaimer: A rating by Crisil Ratings reflects Crisil Ratings’ current opinion on the likelihood of timely payment of the obligations under the rated instrument, and does
not constitute an audit of the rated entity by Crisil Ratings. Our ratings are based on information provided by the issuer or obtained by Crisil Ratings from sources it
considers reliable. Crisil Ratings does not guarantee the completeness or accuracy of the information on which the rating is based. A rating by Crisil Ratings is not a
recommendation to buy / sell or hold the rated instrument; it does not comment on the market price or suitability for a particular investor. Crisil Ratings has a practice of
keeping all its ratings under surveillance and ratings are revised as and when circumstances so warrant. Crisil Ratings is not responsible for any errors and especially
states that it has no financial liability whatsoever to the subscribers / users / transmitters / distributors of its ratings. Crisil Ratings’ criteria are available without charge to
the public on the web site, www.crisilratings.com. Crisil Ratings or its associates may have other commercial transactions with the company/entity. For the latest rating
information on any instrument of any company rated by Crisil Ratings
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