Coforge completes allotment of 1.26 crore shares for Cigniti merger

0 min read     Updated on 05 Jun 2026, 06:42 AM
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Riya DScanX News Team
AI Summary

Coforge Limited allotted 1,26,71,602 equity shares to Cigniti Technologies shareholders on June 3, 2026, under a 1:1 exchange ratio, increasing its paid-up capital to ₹88,53,43,092. The company is proceeding with listing formalities for the new shares.

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Coforge Limited completed the allotment of 1,26,71,602 equity shares to eligible shareholders of Cigniti Technologies Limited on June 3, 2026, pursuant to the Scheme of Amalgamation. The company issued shares of ₹2 each, fully paid-up, based on a share exchange ratio of 1:1. This development follows the fixation of May 16, 2026, as the Record Date to determine shareholder eligibility for the merger.

Consequently, the paid-up share capital of Coforge Limited has increased to 44,26,71,546 equity shares. The face value of these shares remains ₹2 each, bringing the total aggregate paid-up capital to ₹88,53,43,092.

Post-Allotment Capital Structure

Metric Value
Total equity shares allotted 1,26,71,602
Face value per share ₹2
Total paid-up equity shares 44,26,71,546
Aggregate paid-up capital ₹88,53,43,092

The company is currently in the process of completing other formalities regarding the issue and listing of the newly allotted shares. Coforge intends to file the necessary documents with the stock exchanges to seek the required approvals for listing and trading. The intimation was submitted by Barkha Sharma, Company Secretary & Compliance Officer.

Historical Stock Returns for Coforge

1 Day5 Days1 Month6 Months1 Year5 Years
-0.07%+3.39%+24.65%-26.99%-16.76%+94.30%

What is the expected timeline for the newly allotted shares to be officially listed and begin trading on the stock exchanges?

How will the integration of Cigniti Technologies' workforce and client base impact Coforge's operational margins in the upcoming fiscal year?

Will Coforge adjust its dividend policy following the significant increase in paid-up share capital?

Coforge board meeting on July 27 to consider Q1FY27 results

1 min read     Updated on 05 Jun 2026, 06:41 AM
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Coforge Limited has announced a board meeting on July 27, 2026, to consider and approve the un-audited consolidated and standalone financial results for the quarter ended June 30, 2026. The trading window for designated persons will be closed from July 1, 2026, until 48 hours after the results declaration. Additionally, a conference call with analysts and institutional investors is tentatively scheduled for July 28, 2026.

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Coforge Limited has scheduled a board meeting on July 27, 2026, to consider and approve the un-audited consolidated and standalone financial results for the quarter ended June 30, 2026. The meeting will be held pursuant to Regulation 29(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This decision impacts shareholders as it sets the timeline for the release of the company's quarterly performance data.

Pursuant to the SEBI (Prohibition of Insider Trading) Regulations, 2015, the trading window for dealing in the securities of the company will remain closed for all designated persons and their immediate relatives starting July 1, 2026. This closure is in effect for the consideration of the financial results and other matters. The window will re-open 48 hours after the declaration of the financial results for the quarter ended June 30, 2026.

The company has also announced that a conference call with analysts and institutional investors is tentatively scheduled for 08:15 AM (IST) on July 28, 2026. Further details regarding the call will be disclosed on the company website, and the transcript will be shared with the stock exchanges in due course.

The intimation was submitted to BSE Limited and The National Stock Exchange of India Limited on June 04, 2026. The filing was signed by Barkha Sharma, Company Secretary & Compliance Officer of Coforge Limited.

Key Dates

Event Date
Trading Window Closure July 01, 2026
Board Meeting July 27, 2026
Analyst Call (Tentative) July 28, 2026

Historical Stock Returns for Coforge

1 Day5 Days1 Month6 Months1 Year5 Years
-0.07%+3.39%+24.65%-26.99%-16.76%+94.30%

How might the upcoming financial results influence Coforge's stock performance in the short term?

What strategic initiatives or market trends could impact Coforge's Q2 2026 financial results?

How will the trading window closure affect liquidity and trading volumes for Coforge's shares?

More News on Coforge

1 Year Returns:-16.76%