Coforge Limited Allots 1,45,189 Shares Under ESOP Scheme, Paid-Up Capital Rises to ₹67.01 Crores

1 min read     Updated on 14 Dec 2025, 10:07 AM
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Reviewed by
Riya DScanX News Team
Overview

Coforge Limited has allotted 1,45,189 equity shares under its ESOP 2005 scheme on December 14, 2025, with each share having a face value of ₹2.00. This allotment has increased the company's total paid-up share capital to 33,50,41,808 equity shares, aggregating to ₹67,00,83,616. The company is completing formalities for listing and trading of these shares on stock exchanges.

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*this image is generated using AI for illustrative purposes only.

Coforge Limited has announced the allotment of 1,45,189 equity shares under its Employee Stock Option Plan (ESOP) 2005 scheme on December 14, 2025. The ESOP Allotment Committee approved this share allotment following the exercise of stock options by eligible employees.

Share Allotment Details

The newly allotted shares carry specific parameters that impact the company's capital structure:

Parameter: Details
Number of Shares Allotted: 1,45,189 equity shares
Face Value per Share: ₹2.00
Allotment Date: December 14, 2025
ESOP Scheme: Employee Stock Option Plan (2005)

Updated Share Capital Structure

Following this allotment, Coforge Limited's share capital has been revised upward. The company's paid-up share capital now stands at enhanced levels:

Capital Component: Current Position
Total Equity Shares: 33,50,41,808 shares
Face Value per Share: ₹2.00
Total Paid-Up Capital: ₹67,00,83,616

Listing and Trading Formalities

Coforge Limited is currently in the process of completing the necessary formalities for the issue and listing of these newly allotted shares. The company has indicated that it will file the required documents with stock exchanges shortly to seek listing and trading approvals for the allotted shares.

The communication was signed by Barkha Sharma, Company Secretary and Compliance Officer of Coforge Limited, and has been submitted to both BSE Limited and National Stock Exchange of India Limited for their information and records.

Historical Stock Returns for Coforge

1 Day5 Days1 Month6 Months1 Year5 Years
+0.52%-6.42%+1.27%+3.73%+0.64%+269.73%
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Coforge Unveils AI-Powered z/TPF Center of Excellence to Revolutionize Mainframe Modernization

1 min read     Updated on 08 Dec 2025, 07:53 AM
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Reviewed by
Radhika SScanX News Team
Overview

Coforge Limited has established a z/Transaction Processing Facility (z/TPF) Center of Excellence within its Advanced Engineering Services unit. This initiative aims to modernize mission-critical transaction systems in Financial Services, Aviation, Hospitality, and Retail sectors. The CoE offers AI-powered tools for automated code rationalization and database modernization, with automation levels up to 80% and 50% respectively. It provides a comprehensive modernization framework that preserves business logic fidelity, ensures security, and leverages GenAI architecture. The CoE also addresses the mainframe talent shortage by upskilling engineers in z/TPF and cloud-native architectures.

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*this image is generated using AI for illustrative purposes only.

Coforge Limited (NSE: COFORGE) has announced a significant leap forward in mainframe modernization with the launch of its z/Transaction Processing Facility (z/TPF) Center of Excellence (CoE). This strategic initiative, housed within the company's Advanced Engineering Services unit, aims to accelerate the modernization of mission-critical transaction systems across various sectors including Financial Services, Aviation, Hospitality, and Retail.

Revolutionizing Legacy Systems

The new CoE addresses a critical need in industries that have long relied on Transaction Processing Facility (TPF) systems—a specialized mainframe environment that processes billions of real-time, high-volume transactions daily. As these sectors face increasing pressure to upgrade legacy platforms, support real-time digital operations, and strengthen compliance and resilience, Coforge's initiative comes at a crucial time.

AI-Powered Modernization Tools

The CoE leverages a suite of AI-powered tools specifically designed for complex modernization programs. Key features include:

Feature Automation Level
Automated code rationalization for z/TPF Up to 80%
Database modernization from TPF DF to relational systems Up to 50%

These tools are complemented by platform transformation capabilities from mainframe to open systems across on-premises, cloud, or hybrid environments.

Comprehensive Modernization Framework

Coforge's modernization framework offers:

  • Complete business logic fidelity preservation
  • Enterprise-grade governance and security
  • Platform-agnostic GenAI architecture
  • CodeInsight AI for accelerated legacy system transformation

This comprehensive approach ensures resilient, compliant, and scalable modernization, reducing both time and cost for enterprises undertaking this critical transition.

Bridging the Talent Gap

Beyond technological solutions, the CoE will serve as a talent development hub. It aims to upskill engineers in z/TPF, cloud-native architectures, and AI-driven engineering, addressing the industry-wide mainframe talent shortage.

Industry Impact

This initiative by Coforge is set to have a significant impact across multiple sectors:

  • Financial Services: Enhancing real-time authorization, fraud management, and trading systems through intelligent automation.
  • Travel and Aviation: Modernizing passenger services systems, reducing operational latency, and improving digital customer experiences in reservation, ticketing, loyalty, and baggage operations.

By combining deep domain expertise, AI accelerators, and engineering excellence, Coforge is positioning itself as a key player in helping global enterprises modernize the mission-critical systems that power commerce, travel, banking, and customer experiences worldwide.

As industries continue to evolve in the digital age, initiatives like Coforge's z/TPF Center of Excellence will play a crucial role in ensuring that legacy systems can keep pace with modern demands for speed, efficiency, and customer experience.

Historical Stock Returns for Coforge

1 Day5 Days1 Month6 Months1 Year5 Years
+0.52%-6.42%+1.27%+3.73%+0.64%+269.73%
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