Coforge gets listing approval for 93.8 million shares

0 min read     Updated on 25 May 2026, 09:16 PM
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Shriram SScanX News Team
AI Summary

Coforge Limited secured in-principle approval from stock exchanges on May 22, 2026, to list 93,796,508 equity shares of ₹2 face value each. These shares were allotted on a preferential basis to Encora US Holdco, Inc. and Encora Holdings Ltd. on April 23, 2026, pursuant to a Share Subscription and Share Purchase Agreement. The company has filed the necessary corporate action with depositories to credit the shares to the allottees' demat accounts.

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Coforge Limited has received in-principle approval from stock exchanges to list 93,796,508 equity shares. The approval was granted on May 22, 2026, following the company's preferential allotment of these shares.

The shares, with a face value of ₹2 each, were allotted on a preferential basis. This allotment was part of a Share Subscription and Share Purchase Agreement executed with Encora US Holdco, Inc. and Encora Holdings Ltd. The company had previously informed the exchanges about the in-principle approval for the preferential issue on April 10, 2026, and the subsequent allotment on April 23, 2026.

Pursuant to the latest approval, Coforge has filed the corporate action with the depositories. This step ensures the credit of the equity shares to the demat accounts of the respective allottees.

Detail Information
Total Equity Shares 93,796,508
Face Value ₹2
Approval Date May 22, 2026
Allotment Date April 23, 2026

The intimation regarding this development has been uploaded on the company's official website.

Historical Stock Returns for Coforge

1 Day5 Days1 Month6 Months1 Year5 Years
+0.79%+9.04%+13.13%-22.23%-15.40%+112.44%

How will the listing of these 93.8 million shares impact Coforge's existing shareholding structure and liquidity?

What strategic benefits does Coforge expect from its partnership with Encora US Holdco and Encora Holdings post-allotment?

Could this preferential allotment dilute earnings per share (EPS) for current shareholders in the near term?

Coforge schedules investor roadshows from May 27

1 min read     Updated on 25 May 2026, 08:57 PM
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AI Summary

Coforge Limited announced a series of investor relations activities, including Non-Deal Roadshows and an Investors Relation Day, scheduled from May 27 to June 16, 2026. The events will be held in Mumbai, Singapore, and Greater Noida, with details subject to change.

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Coforge Limited has scheduled a series of investor relations activities, including Non-Deal Roadshows and an Investors Relation Day, from May 27, 2026, to June 16, 2026. The company disclosed these events under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, to engage with investors and analysts.

The first event, a Non-Deal Roadshow, is set for May 27, 2026, in Mumbai. This meeting will be conducted in-person in a One on One or Group format. Subsequent roadshows are planned for Singapore on June 1, 2026, and June 2, 2026. The series will conclude with an Investors Relation Day in Greater Noida on June 16, 2026.

Coforge noted that specific details regarding the venue and meeting mode for the later dates are subject to change. The company requested the stock exchanges to take the information on record, adding that the schedule may be adjusted based on exigencies on the part of investors or the company.

Date Event Venue Meeting Mode Nature of Meeting
May 27, 2026 Non-Deal Roadshow Mumbai In-Person One on One/ Group
June 01, 2026 Non-Deal Roadshow Singapore
June 02, 2026 Non-Deal Roadshow
June 16, 2026 Investors Relation Day Greater Noida

Historical Stock Returns for Coforge

1 Day5 Days1 Month6 Months1 Year5 Years
+0.79%+9.04%+13.13%-22.23%-15.40%+112.44%

What strategic themes or growth drivers is Coforge likely to emphasize during the upcoming Investor Relation Day?

How might the increased engagement with international investors in Singapore influence Coforge's global shareholder composition?

Could the timing of these events suggest a potential upcoming capital raise or strategic announcement?

More News on Coforge

1 Year Returns:-15.40%