Coforge Limited has submitted its quarterly compliance certificate to stock exchanges BSE and NSE, fulfilling regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018. The certificate covers the quarter ended March 31, 2026, and was digitally signed by Company Secretary Barkha Sharma on April 14, 2026.

Regulatory Compliance Details

The submission pertains to Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018, which mandates quarterly certificates regarding dematerialization processes. MUFG Intime India Private Limited, serving as the company's registrar and transfer agent, issued the confirmation certificate on April 3, 2026.

Certificate Confirmation

MUFG Intime India Private Limited confirmed that securities received from depository participants for dematerialization during Q4 FY26 were properly processed within prescribed timelines. The registrar verified that all security certificates received for dematerialization were confirmed or rejected appropriately, with physical certificates being mutilated and cancelled after due verification.

The certificate also confirms that depository names have been substituted in the register of members as registered owners, maintaining accurate shareholding records. This process ensures compliance with securities market regulations and protects investor interests.

Stock Exchange Communication

Coforge communicated the certificate submission to both major Indian stock exchanges through formal letters addressed to their respective corporate services departments. The company maintains active listings on BSE with scrip code 532541 and NSE under the symbol COFORGE.

This quarterly submission represents part of Coforge's ongoing regulatory compliance framework, ensuring transparency and adherence to securities market regulations. The digital signature process and formal documentation demonstrate the company's commitment to maintaining proper corporate governance standards.

Coforge Limited has achieved a significant milestone by securing all regulatory approvals and statutory clearances across multiple jurisdictions for its acquisition of Encora. The company announced on April 13, 2026, that all necessary approvals have been obtained without conditions, clearing the path for the transaction to close by the end of April 2026.

Transaction Overview

The acquisition, initially announced on December 26, 2025, will create a combined entity operating at approximately $2.5 billion run rate. The deal includes a preferential issue of equity shares that received in-principle approval from both BSE and NSE.

Integration Progress and Leadership

Coforge reports that integration planning and execution are progressing exactly according to the established schedule. The integration management office continues tracking workstreams across all functional areas, with the company on course to meet its stated integration milestones.

Leadership continuity remains a critical priority, and all senior leaders requested to stay have accepted their offers. The front-end commercial and sales teams of both organizations are ready to commence collaborative operations immediately post-closing.

Cost Optimization and Synergies

The company's cost optimization program targeting General & Administrative (G&A) functions is progressing on track. With detailed workplans and governance structures established, Coforge remains confident in achieving its margin guidance.

Strategic Vision

According to Sudhir Singh, Chief Executive Officer and Executive Director of Coforge, the transaction has proceeded exactly as planned with every element of anticipated synergies on course to be realized. The combined entity will operate as a $2.5 billion firm on a run rate basis, with a $2 billion enterprise core focused on AI-led engineering, data, and cloud services.

The acquisition positions Coforge as an AI-native engineering services leader, combining AI agents with an AI-enabled workforce in specialized delivery units. The company emphasizes its focus on trusted AI solutions that are secure, governed, and enterprise-grade, designed to deliver measurable business outcomes including lower operating costs, faster cycle times, higher conversion rates, and sustained margin growth.