open FRH "<File1.txt";
open FWH ">File2.txt";

while($line = <FRH>)
{
   chop($line);
   printf FWH "$line\n";
}

close FRH;
close FWH;
---------------------------------------------

File1.txt
*********
ovm_report_info("DBG_INFO", $psprintf("Num of Register Fields to Program is : %d", m_uint_num_of_reg_fields_to_program), OVM_HIGH);

ovm_report_info("DBG_INFO", $psprintf("Programming Bank %d Reg %d", (i/32), l_uint_reg_num), OVM_HIGH);

File2.txt
*********
ovm_report_info("DBG_INFO", $psprintf("Num of Register Fields to Program is : 0", m_uint_num_of_reg_fields_to_program), OVM_HIGH);

ovm_report_info("DBG_INFO", $psprintf("Programming Bank 0 Reg 0", (i/32), l_uint_reg_num), OVM_HIGH);