Coforge Limited , a global digital services and solutions provider, has received a significant boost to its credit profile. CRISIL Ratings Limited, a leading credit rating agency in India, has upgraded Coforge's long-term issuer rating and reaffirmed its short-term rating.

Rating Upgrade Details

The upgrade in the long-term issuer rating from 'CRISIL AA/Positive' to 'CRISIL AA+/Stable' represents a significant improvement in CRISIL's assessment of Coforge's creditworthiness. The 'Stable' outlook suggests that CRISIL expects Coforge to maintain its improved credit profile in the near to medium term.

Implications of the Rating Upgrade

The rating upgrade may have several positive implications for Coforge:

1. Enhanced Financial Credibility: The higher rating could potentially improve Coforge's standing in financial markets.
2. Potential Cost Benefits: A better credit rating might lead to more favorable borrowing terms, potentially reducing the company's cost of capital.
3. Investor Confidence: The upgrade may boost investor confidence in Coforge's financial stability and growth prospects.

Company's Response

Coforge has accepted the updated ratings, as required by CRISIL. In compliance with regulatory requirements, the company has promptly communicated this rating revision to both the BSE (Bombay Stock Exchange) and NSE (National Stock Exchange) where its shares are listed.

This credit rating upgrade comes as a positive development for Coforge, potentially reflecting the company's strong financial performance and stable business outlook.

Coforge Limited , a leading global IT solutions organization, has announced the results of its recent postal ballot, revealing strong shareholder support for two significant board appointments. The voting, conducted entirely through electronic remote e-voting, concluded on November 2, 2025, with shareholders overwhelmingly approving both resolutions put forth.

Key Appointments Approved

Re-appointment of Mr. DK Singh as Independent Director

• Approved for a second term of 5 years
• Term: February 12, 2026 to February 11, 2031
• Votes in favor: 98.77%

Appointment of Mr. John Speight as Executive Director

• Approved for a term of up to 5 years
• Term: October 10, 2025 to October 9, 2030
• Votes in favor: 95.09%

Voting Process Details

The company adhered to the guidelines set by the Ministry of Corporate Affairs (MCA) and the Securities and Exchange Board of India (SEBI) for conducting the postal ballot. In light of ongoing circumstances, the notice was sent electronically to all eligible shareholders.

Coforge Limited has promptly disclosed these voting results to the stock exchanges, demonstrating its commitment to transparent corporate governance. The detailed voting results and scrutinizer's report are available on the company's website ( www.coforge.com ) and the National Securities Depositories Limited website ( www.evoting.nsdl.com ).

This development signifies the shareholders' confidence in the company's leadership and governance structure. The strong approval rates for both appointments indicate alignment between the board's decisions and shareholder expectations, potentially positioning Coforge for continued growth and stability in its operations.