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.

Coforge Limited , a global digital services and solutions provider, has taken a significant step to incentivize and retain its workforce by approving a new grant of performance-based stock options. The company's Nomination and Remuneration Committee has greenlit the issuance of 175,000 stock options under its Employee Stock Option Plan (ESOP) 2005, demonstrating a commitment to aligning employee interests with long-term corporate success.

Grant Details

The newly approved Grant 167 under ESOP 2005 offers the following key features:

Vesting Schedule

The vesting of these performance-based options is structured to occur over multiple fiscal years, encouraging long-term employee commitment:

Exercise Period

Employees will have the opportunity to exercise their vested options by December 31st of the respective vesting year, providing a clear timeframe for decision-making.

Strategic Implications

This move by Coforge underscores several strategic considerations:

1. Long-term Retention: By extending the performance and vesting period over five fiscal years, Coforge aims to foster long-term commitment among its key employees.

2. Performance Alignment: The vesting of options is tied to company performance, potentially motivating employees to contribute more effectively to Coforge's success.

3. Talent Attraction: Such competitive ESOP offerings may enhance Coforge's ability to attract top talent in the competitive IT services sector.

4. Value Creation: With an exercise price of ₹2 per option, employees stand to gain significant value if the company's stock price appreciates over time.

This latest ESOP grant follows a series of option grants made by Coforge throughout 2025, indicating a consistent strategy of using equity-based compensation to drive employee engagement and retention.

As the global tech industry continues to face talent shortages and high attrition rates, Coforge's proactive approach to employee stock ownership may prove crucial in maintaining a stable and motivated workforce. The success of this initiative will likely be closely watched by industry observers and competitors alike.