Shareholding Pattern: Shareholding Pattern Newgen Software Technologies Limited An Examination of Financial Performance for FY (Q4-Mar 2023-2024)

Shareholder Name	Previous Quater Quantity(In Crores)	Current Quater Quantity(In Crores)	Previous Quater Shares(in %)	Current Quater Shares(in %)	Quater to Quater Difference
Promoters	3.86	7.72	55.07	55.01	-0.06 %
Public	3.12	6.26	19.5	18.52	-0.98 %
DII	0.68	1.36	9.78	9.71	-0.07 %
FII	1.07	2.30	15.22	16.4	+1.18 %
Government	0	0	0	0	0

Promoters’ shareholding decreased from 55.07% in December 2023 to 55.01% in March 2024. This reduction indicates that the promoters’ control over Company has weakened during this period.The percentage of shares held by the public decreased from 19.5% in December 2023 to 18.52% in March 2024.This reduction indicates that the public’s stake in the company diminished during this period.Domestic Institutional Investor’s (DII) shareholding decreased slightly from 9.78% in December 2023 to 9.71% in March 2024 , indicating that domestic institutions reduced their -0.069999999999999 stake in the company.FIIs (Foreign Institutional Investors): There was a significant increase from 15.22% in December 2023 to 16.4% in March 2024. This suggests that foreign institutions grew their investments 1.18 in the company during the quarter.

Let’s look into the statistics of the investors, which could have contributed to the fluctuations in the shareholding pattern.

Shareholder Name	Previous Quarter Quantity (In crores)	Current Quarter Quantity (In crores)	Previous Quarter Shares (in %)	Current Quarter Shares (in %)	Quarter-to-Quarter Difference (%)
DIWAKAR NIGAM	1.567	3.135	22.37	22.35	-0.02 %
T S VARADARAJAN	1.501	3.002	21.42	21.4	-0.02 %
PRIYADARSHINI NIGAM	0.657	1.314	9.38	9.37	-0.01 %

DIWAKAR NIGAM faced a downturn in stakeholding this quarter, witnessing a decline of -0.02 % in stakeholding compared to the previous quarter.T S VARADARAJAN faced a downturn in stakeholding this quarter, witnessing a decline of -0.02 % in stakeholding compared to the previous quarter.PRIYADARSHINI NIGAM faced a downturn in stakeholding this quarter, witnessing a decline of -0.01 % in stakeholding compared to the previous quarter.

Shareholder Name	Previous Quarter Quantity (In Crores)	Current Quarter Quantity (In Crores)	Previous Quater Shares (in %)	Current Quater Shares (in %)	Quater-to-Quater Difference (%)
Key Managerial Personnel	0.084	0.158	1.2	1.13	-0.07 %
Resident Individuals holding nominal share capital up to Rs. 2 lakhs	0.863	1.559	12.32	11.12	-1.2 %
Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs	0.178	0.422	2.55	3.01	+ 0.46 %
Non Resident Indians (NRIs)	0.113	0.229	1.62	1.63	+ 0.01 %
Bodies Corporate	0.107	0.188	1.52	1.34	-0.18 %
Any Other (specify)	0.021	0.042	0.29	0.3	+ 0.01 %
Clearing Members	0.000	0.001	0	0.01	+ 0.01 %

Observations show a significant difference of -0.07 % in Key Managerial Personnel’s financial performance between quarters.Observations show a significant difference of -1.2 % in Resident Individuals holding nominal share capital up to Rs. 2 lakhs’s financial performance between quarters.Leading the way to higher stakeholding, Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs has significantly boosted stakeholding by an impressive 0.46 %.Leading the way to higher stakeholding, Non Resident Indians (NRIs) has significantly boosted stakeholding by an impressive 0.01 %.Observations show a significant difference of -0.18 % in Bodies Corporate’s financial performance between quarters.Leading the way to higher stakeholding, Any Other (specify) has significantly boosted stakeholding by an impressive 0.01 %.Leading the way to higher stakeholding, Clearing Members has significantly boosted stakeholding by an impressive 0.01 %.

Shareholder Name	Previous Quarter Quantity (In Crores)	Current Quarter Quantity (In Crores)	Previous Quater Shares (in %)	Current Quater Shares (in %)	Quater-to-Quater Difference (%)
Mutual Funds/	0.259	0.514	3.7	3.66	-0.04 %
TATA RETIREMENT SAVINGS FUND-CONSERVATIVE PLAN	0	0.187	0	1.34	+1.34%
MARATHON EDGE INDIA FUND I	0.385	0.771	5.5	5.49	-0.01 %
Insurance Companies	0.013	0.029	0.19	0.21	+ 0.02 %
TATA FOCUSED EQUITY FUND	0.121	0	1.72	0	-1.72%
NBFCs registered with RBI	0.003	0	0.04	0	-0.04%

Mutual Funds/ decreased their stake from 3.66% in the previous quarter to 3.7% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.04 %.MARATHON EDGE INDIA FUND I decreased their stake from 5.49% in the previous quarter to 5.5% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.01 %.The latest quarter saw a considerable enhancement in stakeholding for Insurance Companies, reflecting an uptick of 0.02 % in their shares.TATA RETIREMENT SAVINGS FUND-CONSERVATIVE PLAN had no shares in the previous quarter but now holds 1.34% of shares in the current quarter.TATA FOCUSED EQUITY FUND had 1.72% of shares in the previous quarter but exited in the current quarter.NBFCs registered with RBI had 0.04% of shares in the previous quarter but exited in the current quarter.

Shareholder Name	Previous Quarter Quantity (In Crores)	Current Quarter Quantity (In Crores)	Previous Quater Shares (in %)	Current Quater Shares (in %)	Quater-to-Quater Difference (%)
Foreign Portfolio Investors Category I	1.029	2.232	14.69	15.91	+ 1.22 %
GOLDMAN SACHS FUNDS – GOLDMAN SACHS INDIA EQUITY P	0.220	0.463	3.14	3.3	+ 0.16 %
Foreign Portfolio Investors Category II	0.037	0.070	0.53	0.5	-0.03 %
MALABAR INDIA FUND LIMITED	0.072	0	1.03	0	-1.03%

During this past quarter, there was a noteworthy upswing in stakeholding for Foreign Portfolio Investors Category I, which experienced a significant increase of 1.22 % .During this past quarter, there was a noteworthy upswing in stakeholding for GOLDMAN SACHS FUNDS – GOLDMAN SACHS INDIA EQUITY P, which experienced a significant increase of 0.16 % .Stakeholding dwindled by -0.03 % for Foreign Portfolio Investors Category II in comparison to the preceding quarter.MALABAR INDIA FUND LIMITED had 1.03% of shares in the previous quarter but exited in the current quarter.