Latest news about Coforge
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Coforge
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More news about Coforge
18Sept 26
Coforge report highlights gap between AI ambitions and PE value creation
Coforge releases white paper on AI execution in private equity. Report highlights gap between AI ambitions and actual value creation. Playbook covers due diligence, execution programs, and governance. Coforge launched dedicated Private Equity Business Unit earlier this year.
17Sept 26
Coforge reports $2.23B order book, 44% growth in Q1FY27
Executable order book reached $2.23 billion in Q1FY27, up 44% YoY. Standalone EBIT margin stood at 16.7% for Q1FY27. 86% of revenue derived from AI-led engineering, data, and cloud services. 37 clients live on AgenticOps with 1.2 million autonomous resolutions. $58 million invested in AI innovation during FY26.
16Sept 26
Coforge makes video recording of September 14 analyst call available
Coforge released the video recording of its September 14, 2026 analyst call. The disclosure was issued on September 16, 2026 under SEBI Regulation 30. The recording is available on the company's investor relations portal.
16Sept 26
Coforge expands focus to operationalize AI at scale for Hi-Tech firms
Coforge expands focus to operationalize AI at scale for Hi-Tech enterprises. Strategy shifts from AI features to measurable business outcomes like engineering velocity. Company combines Coforge Nuuron AI layer with Forward Deployed Engineers. Aim is to help clients move beyond experimentation to production-scale adoption.
15Sept 26
Coforge expands automotive engineering practice to 300 members
Coforge expands automotive engineering practice to approximately 300 professionals globally. New Telecom, Media, Automotive, and Energy Solutions (TMAE) vertical established. Focus on connected, electric, and software-defined vehicle innovation. Operations span Argentina, Brazil, Colombia, India, Europe, and the US.
15Sept 26
Coforge retains FY27 guidance, targets >100% FCF conversion
Coforge retains FY27 guidance with EBIT margin >15.5% and FCF/PAT >100%. Nomura maintains Buy rating with target price of ₹1,860. Board governance strengthened via new chairperson and independent directors. Stock trades at 24.9x FY28F EPS of ₹74.1.
15Sept 26
Coforge independent director DK Singh resigns, Beth Boucher named NRC chair
DK Singh resigns as Coforge independent director and NRC chairperson effective September 10, 2026. Singh cites governance tensions and lack of sharing of board evaluation reports with independent directors. Beth Boucher appointed as new NRC chairperson; Vivek Sharma serves as interim chair until January 2027. Board disputes claims of tension, citing unanimous decision-making since 2024 and high CEO performance scores.
14Sept 26
Coforge announces TechCon 2026 global event to drive enterprise AI adoption
Coforge announced TechCon 2026 for September 15-16, 2026, focusing on enterprise AI adoption. The global event spans India, North America, Europe, UK, Australia, and LATAM. A company-wide AI hackathon attracted more than 3,000 participants. CEO Sudhir Singh highlighted workforce readiness as key to responsible AI deployment. The company employs 46,000 people focused on AI-native engineering services.
13Sept 26
Coforge wins AI Native Enterprise award at TOI AI Quotient Awards
Coforge won the AI Native Enterprise award at the TOI AI Quotient Awards. Recognition cites ability to scale AI execution and deliver measurable impact. CEO Sudhir Singh emphasized AI integration as core to business operations. Company highlighted Coforge Nuuron and Momentum blue platforms.
09Sept 26
Coforge chairperson O P Bhatt resigns over board evaluation concerns
Coforge accepted O P Bhatt's resignation as Chairperson effective September 9, 2026. Departure follows internal audit concerns over disclosure in Q2 FY26 Board Evaluation Report. Company clarifies the matter is unrelated to financials, operations, or business guidance. Vivek Sharma appointed interim Chairperson until January 31, 2027.
03Sept 26
Coforge files sustainability report for FY26 with exchanges
Coforge files FY26 sustainability report with BSE and NSE. Submission dated September 3, 2026. Signed by Company Secretary Barkha Sharma. Report titled "Accelerating Growth Scaling Purpose".
31Aug 26
Coforge unveils AI Adoption Fabric to accelerate agentic development outcomes
Coforge launched the AI Adoption Fabric on August 31, 2026, to help enterprises scale agentic software development. The framework integrates Kotter's Change Model, Prosci's ADKAR, and Operational Change Management methodologies. It addresses governance gaps, workforce readiness, and workflow reversion in AI-driven development environments. The initiative aims to transform delivery models and governance to ensure sustainable business outcomes from AI investments.
28Aug 26
Coforge expands Pega alliance to accelerate enterprise AI transformation
Coforge expands strategic alliance with Pegasystems Inc. Focus is on accelerating enterprise AI transformation. Deal grants Coforge rights to deliver integrated solutions. Partnership builds on two decades of collaboration.
27Aug 26
Coforge marks 20 years in Peru, designates Lima as Latin America hub
Coforge marks 20 years of operations in Peru on August 27, 2026. Lima designated as principal hub for Latin America expansion. Peru operations employ more than 1,300 staff members. Focus on AI-led engineering services for banking and retail clients.
26Aug 26
Coforge earns Great Place To Work certification for sixth straight year
Coforge received Great Place To Work certification for the sixth consecutive year. Assessment covered 5,000 employees using the Trust Index Employee Survey. Chief People Officer Pankaj Khanna cited high retention rates as key evidence. Certification validates benchmarks for pride, satisfaction, growth, and well-being.
26Aug 26
Coforge plans meetings with analysts and investors on September 2
Coforge plans meetings with analysts and investors on September 2, 2026. The firm will attend three investor conferences in September 2026. Events include Elara India Dialogue, Jefferies India Forum, and JP Morgan India Conference. Meetings will be held in person in Mumbai and Gurugram.
26Aug 26
Coforge shareholders reject OP Bhatt reappointment at AGM
OP Bhatt's reappointment as independent director failed, securing only 65.47% votes. Reappointments of CEO Sudhir Singh and ED John Speight passed with ~99.87% support. Adoption of FY26 financial statements approved with near-unanimous 99.99% backing. Special resolution to create charge on assets passed with 99.99% shareholder support. Institutional holders showed significant dissent against OP Bhatt, voting 10.35% against.
25Aug 26
Coforge named HFS Non-Linear Growth Leader for CY Q4 2025-Q1 2026
Coforge named Non-Linear Growth Leader by HFS Research for CY Q4 2025-Q1 2026. Scored 75 on Revenue/FTE Change Index and 60 on Operating Margin/FTE Change Index. Recognition driven by AI-led delivery, outcome-based AI Mod Squads, and high utilization. Radhika Arora appointed as Head of Investor Relations.
25Aug 26
Coforge marks six years of transformation and AI-led growth
Coforge celebrates six years since rebranding as an AI-native engineering leader. Celebrations launched across 47 global locations on August 24, 2026. Workforce exceeds 46,000 employees driving operational intensity. Over 1,200 award winners recognized across offices in 33 countries.
11Aug 26
Coforge launches PE unit to drive AI-led value creation
Coforge has launched a dedicated Private Equity Business Unit aimed at helping firms drive operational transformation and sustainable enterprise value. Powered by the Coforge Nuuron AI platform, the unit focuses on embedding AI-driven value creation into investment strategies to improve EBITDA and scale growth vectors amid challenging market valuations.
11Aug 26
Coforge schedules investor meetings from Aug 13 to Aug 20, 2026
Coforge Limited announced investor meetings from August 13 to August 20, 2026. The disclosure was made under SEBI Listing Regulations on August 10, 2026. The schedule may change based on investor or company exigencies.
05Aug 26
Coforge Records ₹61.33 Crore Block Trade on NSE at ₹1755.70 Per Share
Coforge recorded a block trade on the NSE involving approximately 3,49,324 shares at a price of ₹1755.70 per share. The total value of the transaction stood at ₹61.33 crores. Such large-scale block trades are generally associated with institutional participation and bulk order execution.
02Aug 26
Coforge files FY26 sustainability report with 83% Scope 2 drop
Coforge Limited filed its FY26 BRSR, reporting an ~83% drop in Scope 2 emissions and SBTi-validated net-zero targets. With ₹95,725 million turnover and 28,366 employees, the company emphasized renewable energy adoption, water stewardship, and robust governance frameworks assured by Bureau Veritas.
30Jul 26
Coforge launches Momentum AI unit to scale enterprise AI execution
Coforge Limited has introduced Momentum AI, a new operating unit focused on executing enterprise AI projects using Forward Deployed Engineers (FDEs). Leveraging the Coforge Nuuron AI Operating System and a pod-based delivery model, the unit aims to help clients achieve measurable business outcomes like cost reduction and faster cycle times. The launch includes a 90-day applied AI academy to scale specialized talent.
29Jul 26
Coforge schedules 34th AGM for August 24 via video-conferencing
Coforge Limited will hold its 34th AGM on August 24, 2026, at 05:00 P.M. IST via video-conferencing. The event complies with MCA Circular No. 03/2025 and earlier guidelines. Shareholders will receive the Annual Report and related documents electronically if they have registered email addresses.
29Jul 26
Coforge PAT surges 110% to ₹5,186 Mn in Q1FY27 on strong revenue growth
Coforge's Q1FY27 net profit jumped 110% to ₹5,186 Mn on strong revenue growth of 49% to ₹55,277 Mn, aided by Encora integration. EBITDA margin expanded to 20.3%. The Board declared an interim dividend of ₹4 per share.
29Jul 26
Coforge Q1 Results: Earnings call transcript published for review
Coforge Limited released the Q1FY27 earnings call transcript on July 29, 2026. The call occurred on July 28, 2026, after the Board meeting. The filing complies with SEBI Regulation 30 and directs investors to the company's investor relations website for the full text.
28Jul 26
Coforge Records Rs. 21.60 Crore Block Trade on NSE at Rs. 1681.90 Per Share
Coforge recorded a block trade on the NSE involving approximately 1,28,446 shares at Rs. 1681.90 per share. The total transaction value stood at Rs. 21.60 crores. Block trades of this magnitude are typically associated with institutional-level participation and are closely tracked by market observers.
28Jul 26
Coforge Records Rs. 22.83 Crore Block Trade on NSE at Rs. 1664.60 Per Share
Coforge recorded a block trade on the NSE involving approximately 137,173 shares at Rs. 1664.60 per share, aggregating to a total transaction value of Rs. 22.83 crores. Block trades of this scale are generally associated with institutional participation and are considered significant market events. The transaction was executed on the National Stock Exchange.
28Jul 26
Coforge Latest Results: Spokesperson anticipates strong growth for Q2, Q3, Q4
A Coforge spokesperson has anticipated strong growth for Q2, Q3, and Q4, as reported by CNBC TV18. The company expressed confidence in its performance despite current conditions. No specific financial metrics or quantitative targets were disclosed in the source data.
27Jul 26
Coforge Records Two Major NSE Block Trades Worth Over ₹160 Crores
Coforge recorded two NSE block trades involving approximately 402,697 shares at ₹1518.00 per share worth ₹61.13 crores, and approximately 654,348 shares at ₹1519.00 per share worth ₹99.40 crores. The combined transactions accounted for approximately 1,057,045 shares with a total value exceeding ₹160 crores. Both trades were executed on the National Stock Exchange with a marginal price difference of ₹1.00 per share between them.
24Jul 26
Coforge Records ₹149.60 Crore Block Trade on NSE at ₹1,478.40 Per Share
Coforge recorded a block trade on the NSE involving approximately 10,11,881 shares at ₹1,478.40 per share. The total value of the transaction aggregated to ₹149.60 crore. Block trades of this magnitude are generally associated with large institutional participation and are executed to limit price disruption in the open market.
24Jul 26
Coforge secures $230+ million five-year AI contract in Europe
Coforge secures a major $230+ million, five-year contract with a European client for AI-led transformation. The deal utilizes Low-Code/No-Code platforms and AI automation to drive operational efficiency, marking a key milestone in the company's European business expansion.
23Jul 26
Coforge Launches Nuuron AI OS to Industrialize Agentic AI Outcomes
Coforge Limited has launched Coforge Nuuron, an AI Operating System designed to industrialize AI outcomes by connecting enterprise knowledge and workflows. Built on platforms including Forge-X and Data Cosmos, it enables scalable agentic AI deployment with governance, delivered via the Forward Deployed Engineer model.
22Jul 26
Coforge Board Meeting Scheduled on July 27 to Consider Interim Dividend
Coforge has scheduled a board meeting on July 27 to consider the declaration of an interim dividend. The announcement indicates a potential distribution of capital to shareholders, pending board approval. No details on the dividend amount or record date have been disclosed as part of this announcement.
21Jul 26
Coforge named Exceptional Performer in Whitelane 2026 study
Coforge Limited secured the 'Exceptional Performer' title in Application Services and Cloud & Infrastructure Services in Whitelane Research’s 2026 UK & Ireland IT Sourcing Study. The company achieved an 83% satisfaction score in these key areas, significantly above market averages, and recorded a 10 percentage point improvement in Cloud & Infrastructure Services. This marks the fourth consecutive year of recognition for Coforge in the industry report.
09Jul 26
Coforge launches AI-powered SecureEdge2Cloud on Zscaler platform
Coforge announced the launch of SecureEdge2Cloud, an AI-powered Zero Trust security offering built on the Zscaler Zero Trust Exchange platform. The solution aims to simplify security, reduce complexity, and protect distributed environments across cloud, on-premises, and hybrid infrastructures. It targets highly regulated sectors like Healthcare and Financial Services, integrating Coforge's expertise in AI and cloud transformation.
07Jul 26
Coforge to host Q1FY27 earnings call on July 28, 2026
Coforge Limited will host an analyst and investor conference call on July 28, 2026, at 08:15 a.m. IST to review its financial performance for the quarter ended June 30, 2026. The call will include a management discussion followed by a Q&A session. Participants must pre-register via Zoom, and a recording will be available on the company's investor relations webpage.
30Jun 26
Coforge appoints three directors following shareholder approval
Coforge Limited secured shareholder approval for the appointment of three directors through a postal ballot process concluded on June 28, 2026. The resolutions for Mr. Vivek Sharma as Independent Director, and Ms. Shweta Jalan and Mr. Atin Jain as Non-Executive Non-Independent Directors were passed with a requisite majority. The company also appointed Mr. Anup Nair as EVP & Chief AI Commercial Officer effective June 29, 2026.
25Jun 26
BoFA Securities Initiates Buy Rating on Coforge with Target Price of ₹1,725
BoFA Securities has initiated a Buy rating on Coforge with a target price of ₹1,725, citing strong sales growth and disciplined execution as key strengths. The brokerage also highlighted successful M&A integration and progress in AI strategy as important contributors to the company's investment profile. Balance-sheet discipline and a scalable competitive moat were identified as additional pillars supporting the positive assessment of Coforge's mid-cap IT framework.
19Jun 26
Coforge Records ₹15.98 Crore Block Trade on NSE at ₹1,434.90 Per Share
Coforge recorded a block trade on the NSE involving approximately 1,11,332 shares at ₹1,434.90 per share. The total value of the transaction stood at ₹15.98 crores. Such block trades are generally associated with institutional-level buying or selling activity. The development highlights notable market participation in Coforge shares.
17Jun 26
Coforge Backed by Multiple Brokerages on US$5bn Revenue Vision and AI-Led Growth Strategy
Four major brokerages — Jefferies, Nomura, HSBC, and UBS — have issued updated assessments on Coforge, with Jefferies setting a target of ₹1,860, Nomura at ₹2,100, HSBC at ₹1,710, and UBS at ₹1,505. Jefferies, Nomura, and HSBC maintain Buy ratings, while UBS holds a Neutral stance. All four highlight the company's US$5bn FY30 revenue ambition at a 19% CAGR including M&A, with AI-led delivery, account scaling, partnerships, and acquisitions cited as key growth drivers. HSBC additionally flags a commitment to an FY27 EBIT margin of 16.5% and 100%+ FCF/PAT conversion, with growth expected to accelerate from 2QFY27.
17Jun 26
Coforge shares Investor Day 2026 presentation details
Coforge Limited has released the presentation for its Investor Day 2026, providing stakeholders with insights into its strategic direction. The disclosure was submitted to the stock exchanges in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing was addressed to the Department of Corporate Services at both BSE Limited and The National Stock Exchange of India Limited. It confirmed that the presentation link was uploaded on June 16, 2026, allowing shareholders to review the detailed content discussed during the event.
10Jun 26
Coforge wins Pega Industry Excellence Award for public sector work
Coforge Limited received the Pega Industry Excellence Award for Government and Public Sector transformation work for delivering an AI-powered telehealth platform in Scotland. The project, serving 6 million citizens, utilized Pegasystems and AWS technologies to modernize urgent care services. Coforge highlighted its 18-year partnership with Pegasystems, supported by over 115 Lead System Architects and 2,000 certifications.
10Jun 26
Coforge confirms no share encumbrance in Cigniti Technologies for FY26
Coforge Limited confirmed to BSE and NSE that it did not encumber any shares in Cigniti Technologies Limited during FY26. The disclosure was filed under SEBI takeover regulations by Barkha Sharma, Company Secretary & Compliance Officer. Coforge holds the status of a promoter and person having control over Cigniti Technologies.
08Jun 26
Coforge opens fourth public library in Vasant Kunj, New Delhi
Coforge inaugurated its fourth public library in Vasant Kunj, New Delhi, on June 5, 2026. The 10,000 sq. ft. facility features over 15,000 titles and is part of the company's CSR initiative. The library is open 365 days a year and offers free entry and reading.
08Jun 26
Coforge Records Rs. 28.80 Crore Block Trade on NSE at Rs. 1431.00 Per Share
Coforge Ltd. recorded a block trade on the National Stock Exchange involving approximately 201,251 shares at Rs. 1431.00 per share, with the total transaction value amounting to Rs. 28.80 crores. Such large-volume trades, typically executed between institutional investors outside the regular order book, are closely monitored as indicators of significant market participation.
05Jun 26
CLSA Maintains High-Conviction Outperform on Coforge with Target Price of ₹2,075
CLSA has maintained a High-Conviction Outperform rating on Coforge with a target price of ₹2,075, citing confidence in robust FY27 growth. The brokerage highlights continued market-share gains from strong sales execution and a healthy deal pipeline, while AI-led delivery and commercial improvements are expected to drive margin expansion. The successful integration of Encora is projected to yield revenue synergies beginning Q3 FY27, further strengthening the company's growth outlook.
05Jun 26
Coforge completes allotment of 1.26 crore shares for Cigniti merger
Coforge Limited allotted 1,26,71,602 equity shares to Cigniti Technologies shareholders on June 3, 2026, under a 1:1 exchange ratio, increasing its paid-up capital to ₹88,53,43,092. The company is proceeding with listing formalities for the new shares.
05Jun 26
Coforge board meeting on July 27 to consider Q1FY27 results
Coforge Limited has announced a board meeting on July 27, 2026, to consider and approve the un-audited consolidated and standalone financial results for the quarter ended June 30, 2026. The trading window for designated persons will be closed from July 1, 2026, until 48 hours after the results declaration. Additionally, a conference call with analysts and institutional investors is tentatively scheduled for July 28, 2026.
03Jun 26
Coforge launches Nexa Agentic AI Platform for global insurance sector
Coforge Limited announced the launch of the Nexa Agentic AI Platform, a solution designed to help global insurers industrialize intelligent operations. The platform offers modular orchestration agents and a marketplace of over 30 AI assets, featuring six flagship orchestrators that target underwriting, claims, and compliance to significantly improve efficiency and reduce costs.
31May 26
Coforge schedules investor roadshows from May 27
Coforge Limited has scheduled Non-Deal Roadshows and an Investors Relation Day between May 27 and June 16, 2026, under Regulation 30 of SEBI Listing Regulations. The events include meetings in Mumbai and Singapore, concluding with an Investors Relation Day in Greater Noida.
31May 26
Coforge postal ballot e-voting begins May 30 for director appointments
Coforge Limited has commenced remote e-voting for its postal ballot from May 30 to June 28, 2026, to seek shareholder approval for the regularization of three directors. The Board approved the appointments of Mr. Vivek Sharma as Independent Director and Ms. Shweta Jalan and Mr. Atin Jain as Non-Executive Non-Independent Directors. The company has engaged NSDL for the e-voting process, with results to be declared on or before June 30, 2026.
25May 26
Coforge gets listing approval for 93.8 million shares
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.
22May 26
Coforge launches Aeronova.AI for airline retailing transformation
Coforge announced the launch of Aeronova.AI, a purpose-built framework designed to help airlines transition to Offer, Order, Settlement and Delivery (OOSD) operations. The platform addresses execution challenges by providing a structured acceleration layer of reusable assets and AI-assisted automation, enabling carriers to move from legacy PNR environments to order-led retailing without disrupting revenue.
18May 26
Coforge Records ₹16.97 Crore Block Trade on NSE at ₹1,340.10 Per Share
Coforge Ltd. recorded a block trade on the NSE involving approximately 1,26,621 shares at ₹1,340.10 per share, with a total deal value of ₹16.97 crores. Such block trades are privately negotiated transactions commonly used by institutional investors to build or reduce significant positions while minimising market price impact.
06May 26
Motilal Oswal Mutual Fund Reports Disposal of Coforge Shares Under SEBI Takeover Regulations
Motilal Oswal Mutual Fund disclosed the disposal of 55 shares of Coforge Ltd on April 30, 2026, via market transactions, under SEBI Takeover Regulations. Prior to the disposal, the fund's 16 schemes collectively held 2,58,13,477 shares (6.0080%), and post-disposal the holding stood at 2,58,13,532 shares (6.0080%). The total equity share capital of Coforge Ltd remained unchanged at 42,96,47,126 shares with a face value of Rs. 2 each. The filing was submitted to BSE Limited on May 05, 2026, by Aparna Karmase, Head – Compliance, Legal and Secretarial.
06May 26
Coforge Records Rs. 44.32 Crore Block Trade on NSE at Rs. 1260.00 Per Share
Coforge recorded a block trade on the NSE involving approximately 351,758 shares at Rs. 1260.00 per share. The total value of the transaction amounted to Rs. 44.32 crores. Such block trades are generally associated with institutional participation and large-scale portfolio activity.
06May 26
Coforge FY26 Revenue Surges 35.9%; FY27 EBITDA Margin Guided at 20.5–21%
Coforge reported FY26 consolidated revenue of Rs 164,027 million (+35.9% YoY) and PAT of Rs 15,557 million (+91.6% YoY), with Q4 net profit at Rs 6.1 billion and EBIT margin at 15.7%. Management guided FY27 consolidated EBITDA margins of 20.5–21%, standalone EBIT margins of 16.5–17%, and free cash flow to PAT of 100%+, supported by Encora acquisition synergies and AI-led delivery efficiencies.
05May 26
Coforge-Cigniti Merger Turns Effective: $2.50B AI-Native Engineering Entity Formed
The Coforge-Cigniti Technologies merger scheme has become effective following the filing of the NCLT order with the Registrar of Companies, Haryana, with Cigniti now dissolved and amalgamated into Coforge. The Board is set to fix the record date for share issuance on May 5, 2026, under a 1:1 swap ratio. The combined $2.50 billion entity focuses on AI-led Engineering, Data and Cloud services, with EBITDA margins expanding from 11% to 19% post-acquisition.
29Apr 26
Coforge Recognized as Leader and Star Performer in Everest Group's Duck Creek Services PEAK Matrix Assessment 2026
Coforge has been recognized as both a Leader and Star Performer in Everest Group's Duck Creek Services PEAK Matrix Assessment 2026, demonstrating strong performance in market impact and vision & capability dimensions. The company's AI-enabled Forge-X platform delivers up to 50% efficiency gains across delivery lifecycles, while its portfolio of AI-powered agentic assets drives significant business outcomes for insurance carriers. With over 1,200 certified professionals globally and comprehensive Duck Creek lifecycle capabilities, Coforge continues to strengthen its position in the insurance technology transformation market.
24Apr 26
Coforge Completes Encora Acquisition with $550M Loan, Share Allotment
Coforge Limited has officially completed its strategic acquisition of Encora US Holdco and Encora Holdings following a Board meeting on April 23, 2026. The transaction was executed through a comprehensive dual-component financing structure combining a USD 550 million loan facility and preferential allotment of 9,37,96,508 equity shares at Rs 1,815.91 per share. The Board also approved a Second Amendment Agreement to the Share Subscription and Share Purchase Agreement, appointed two Additional Directors from Advent Private Equity, and authorized creation of charges over company assets to secure the loan facility.
23Apr 26
Coforge Plans to Build 45 Major Client Relationships Worth Over $10 Million Each in US Market
Coforge has announced plans to build 45 highly scalable client relationships worth more than $10 million each in the US market through its combined company operations. This strategic initiative focuses on establishing substantial, long-term partnerships rather than numerous smaller engagements, positioning the company for sustained growth in one of the world's largest IT services markets.
23Apr 26
Coforge Targets $2 Billion Revenue from AI-Led Engineering and Cloud Services by FY27
Coforge has announced a strategic revenue target of $2 billion by FY27 from its AI-led engineering, data, and cloud services offerings. This ambitious goal reflects the company's focus on high-growth technology segments and its commitment to capitalizing on increasing enterprise demand for artificial intelligence and cloud-based solutions.
22Apr 26
Coforge Officially Launches AI-Native Solutions Voyager.AI and FlightFlex.AI
Coforge has launched two new AI-native products for the airline industry - Voyager.AI for real-time personalized customer experiences and FlightFlex.AI for disruption recovery and automated rebooking. The solutions address operational and commercial challenges in aviation through advanced AI capabilities and real-time decisioning.
21Apr 26
Coforge Ltd. Records Rs. 22.65 Crore Block Trade on NSE
Coforge Ltd. witnessed a significant block trade on NSE worth Rs. 22.65 crores involving approximately 175,260 shares at Rs. 1292.30 per share. The transaction reflects institutional activity and demonstrates the stock's liquidity in the market.
18Apr 26
Coforge Limited announces resignation of senior management personnel
Coforge Limited has disclosed the resignation of two senior management personnel, Anup Kumar and Manish Hemrajani, effective April 17, 2026. The announcement was made under Regulation 30 of SEBI Listing Regulations. Anup Kumar, who served as EVP & Head M&A, cited entrepreneurial aspirations as the reason for his departure after two years, during which the company executed five acquisitions and saw revenue grow from $1.1B to $2.5B. Manish Hemrajani, Head of Investors Relations, also resigned on the same date.
17Apr 26
Coforge Ltd. Records Rs. 27.43 Crore Block Trade on NSE at Rs. 1313.40 Per Share
Coforge Ltd. completed a major block trade on NSE worth Rs. 27.43 crores involving approximately 208,840 shares at Rs. 1313.40 per share. The transaction indicates significant institutional investor activity and represents a notable equity movement in the IT services company.
16Apr 26
Coforge Allots 39,681 Equity Shares Under Employee Stock Option Plan
Coforge Limited has allotted 39,681 equity shares under its Employee Stock Option Plan (ESOP) 2005, with the ESOP Allotment Committee approving the allotment on April 15, 2026. This has increased the company's paid-up share capital to 33,58,50,618 equity shares of Rs. 2 face value each, totaling Rs. 67,17,01,236. The company is completing formalities for listing these shares and will submit necessary documents to exchanges for trading approvals.
14Apr 26
Coforge Limited Schedules Earnings Call for May 5, 2026 to Discuss Q4FY26 and FY26 Results
Coforge Limited has scheduled an earnings call for May 5, 2026 at 5:15 PM IST to discuss Q4FY26 and FY26 financial results. The call will include management presentation followed by Q&A session, with pre-registration required. Recordings will be archived on the company's investor relations webpage in compliance with statutory requirements.
14Apr 26
Coforge Limited Submits SEBI Compliance Certificate for Q4 FY26
Coforge Limited has submitted its mandatory quarterly certificate under SEBI Regulation 74(5) for Q4 FY26 ended March 31, 2026, to BSE and NSE exchanges. The certificate, issued by registrar MUFG Intime India Private Limited, confirms proper handling of dematerialization processes and compliance with securities regulations. Company Secretary Barkha Sharma digitally signed the submission on April 14, 2026, demonstrating Coforge's adherence to corporate governance standards.
13Apr 26
Coforge Secures All Regulatory Approvals for $2.5B Encora Acquisition Deal
Coforge Limited has completed all regulatory approvals and statutory clearances for its strategic acquisition of Encora across multiple jurisdictions. The deal will create a combined $2.5 billion run-rate entity focused on AI-led engineering, data, and cloud services, with transaction closure expected by end of April 2026.
09Apr 26
Coforge Launches AI Mod Squads with Outcome-Based Human-Agent Pods Using Subscription Pricing
Coforge has introduced AI Mod Squads, an innovative subscription-based delivery model featuring outcome-based human-agent pods that combine over 130 pre-built AI agents with specialized engineers. The solution offers two deployment options and has demonstrated significant results including 70% cycle time reduction in banking loan origination and 50% faster insurance underwriting cycles.
07Apr 26
Coforge Records ₹21.29 Crore Block Trade on NSE at ₹1,235.50 Per Share
Coforge Ltd. executed a major NSE block trade worth ₹21.29 crores involving 172,339 shares at ₹1,235.50 per share. This substantial institutional transaction highlights significant trading activity and demonstrates meaningful investor participation in the IT services company's stock.
06Apr 26
Coforge Promotes Sunil Fernandes to Chief Operating Officer with Immediate Effect
Coforge Limited announced the promotion of Sunil Fernandes to Chief Operating Officer (COO) with immediate effect on April 06, 2026. Fernandes, previously EVP - Global Delivery Head since July 2024, will oversee global delivery operations plus admin, facilities, and internal IT services while reporting to CEO Sudhir Singh from Princeton, NJ. With over 30 years of industry experience at companies including Accenture, Infosys, and Cognizant, Fernandes will focus on improving execution, scaling operations, and accelerating AI-native practices to support Coforge's growth ambitions in the AI-driven services landscape.
02Apr 26
Coforge Partners With Solstice Innovations to Accelerate P&C Insurance Modernization
Coforge has formed a strategic partnership with Solstice Innovations to revolutionize P&C insurance modernization through advanced Agentic AI technology. The collaboration combines Coforge's Forge-X AI platform with Solstice's Equinox™ system to create comprehensive modernization solutions, featuring a dedicated Center of Excellence for faster client onboarding and system integration across multiple insurance lines.
31Mar 26
Coforge Receives RBI Approval for USD One Billion Encora Acquisition Deal
Coforge Limited has obtained Reserve Bank of India approval for Overseas Direct Investment exceeding USD One Billion for its Encora acquisition announced on March 30, 2026. The transaction, initiated through agreements signed on December 26, 2025, involves Target Companies Encora US Holdco, Inc. and Encora Holdings Ltd., along with investors from UK and Cayman Islands. The company has previously secured Hart-Scott-Rodino Antitrust approval in the United States, shareholder approval via postal ballot for Preferential Allotment and Debt Funding, and competition approvals in Australia and other jurisdictions. Several remaining regulatory approvals across various jurisdictions are in advanced processing stages.
28Mar 26
Coforge Limited Appoints Vivek Sharma as Independent Director for Five-Year Term
Coforge Limited has appointed Mr. Vivek Sharma as Additional Director and Non-Executive Independent Director for a five-year term effective April 1, 2026, subject to shareholder approval. The Board approved the appointment on March 27, 2026, based on the Nomination and Remuneration Committee's recommendation. Mr. Sharma brings extensive experience in AI, data science, and digital transformation, having served on boards of Kaiser Permanente and JetBlue Airways, and previously as CEO of InStride, Senior Vice President at Disney, and in leadership roles at Yahoo and McKinsey & Company.
28Mar 26
Coforge Limited Board Meeting Scheduled for May 5, 2026 to Consider Q4FY26 Results
Coforge Limited has announced a board meeting on May 5, 2026, to approve audited consolidated and standalone financial results for Q4FY26 and the full year ended March 31, 2026. The company will close its trading window from April 1, 2026, for designated persons and immediate relatives until 48 hours after results declaration. The board will also consider interim dividend proposals for Financial Year 2025-26 and determine the record date if approved. A conference call with analysts is scheduled for 5:15 PM IST on the same day.
28Mar 26
NCLT Reserves Order for Cigniti Technologies-Coforge Amalgamation Scheme
Cigniti Technologies Limited announced that the National Company Law Tribunal has reserved its order for the proposed amalgamation scheme with Coforge Limited, with statutory authorities providing no-objection to the merger. The scheme involves Cigniti as transferor company merging into Coforge as transferee company under sections 230-232 of Companies Act 2013.
26Mar 26
Coforge Limited Allots 10,720 Equity Shares Under Employee Stock Option Plan
Coforge Limited has allotted 10,720 equity shares under its Employee Stock Option Plan (2005) on March 25, 2026, following approval from the ESOP Allotment Committee. This allotment has increased the company's paid-up share capital to 33,58,10,937 equity shares of face value Rs. 2/- each, totaling Rs. 67,16,21,874. The company is completing formalities for listing these shares and will file necessary documents with stock exchanges for trading approvals.
25Mar 26
CLSA Maintains High Conviction Outperform Rating on Coforge with Rs 2278 Target Price
CLSA maintains High Conviction Outperform rating on Coforge with Rs 2278 target price, driven by AI-led managed services opportunities and strong executable orderbook growth. The brokerage expects mid-teens USD growth supported by improving revenue per employee and margins. Coforge trades at attractive valuation of ~20x PE and ~1x PEG versus historical 1.8x PEG ratio.
24Mar 26
Coforge Rolls Out ServiceNow AI HR Platform for 35,000+ Global Workforce
Coforge has successfully implemented ServiceNow's AI-powered HR Service Delivery platform across its 35,000+ global workforce, modernizing employee experience through GenAI-enabled workflows and intelligent automation. The platform unifies critical HR processes including onboarding, background verification, learning, and performance management while providing AI agents for predictive capabilities and real-time analytics.
21Mar 26
Coforge Publishes Newspaper Notice for RTA Change and IEPF Compliance
Coforge Limited has published comprehensive newspaper notices covering the completed transition of its Registrar and Share Transfer Agent services to MUFG Intime India Private Limited, effective March 19, 2026. The notices also detail IEPF transfer requirements for unclaimed dividends and the availability of a special window for re-lodgement of physical share transfer requests until February 4, 2027.
17Mar 26
Coforge Appoints Rajan Khattar as Executive Vice President & Business Head
Coforge Limited has appointed Mr. Rajan Khattar as Executive Vice President & Business Head under Senior Management Personnel, effective March 16, 2026. He brings over 25 years of experience in sales and business leadership within the global IT services and technology consulting industry, with extensive experience working with large enterprise and Fortune 500 clients. Based in the San Francisco Bay Area, he holds a bachelor's degree in Engineering and is an alumnus of IIM Calcutta's strategic management program.
09Mar 26
Coforge Wins 2026 ServiceNow Partner Award for Domain Expertise in CRM
Coforge Limited has won the 2026 ServiceNow Partner Award for Domain Expertise in CRM for the APAC region, recognizing its specialized mastery in Customer Service Management and AI-led transformation capabilities. The award honors Coforge for elevating customer engagement, accelerating innovation, unifying omnichannel interactions, and delivering personalized service experiences. ServiceNow executives praised Coforge for helping customers realize the full value of the AI platform, while Coforge leadership emphasized their focus on elite execution and AI-powered transformation journeys.
28Feb 26
Coforge Limited Postal Ballot Concludes with 99.76% Shareholder Approval for Special Rights Grant
Coforge Limited successfully completed its postal ballot on February 27, 2026, with shareholders overwhelmingly approving the special resolution for granting special rights and covenants pursuant to the SSPA. The voting results showed 99.76% support with 26,12,78,821 votes in favour out of 26,18,94,981 total valid votes cast. The remote e-voting process was conducted from January 29 to February 27, 2026, with 1,529 members participating in the voting process.
28Feb 26
Coforge Limited Announces Post-Preferential Issue Shareholding Details for Strategic Investors
Coforge Limited has disclosed post-preferential issue shareholding percentages for strategic investors Encora Holdco Ltd. (UK) and AI Altius Parent (Cayman) Limited. The investors will hold 8.20% and 12.65% respectively of the fully diluted share capital, totaling 20.85%. The calculations are based on 355,995,919 equity shares as per the December 26, 2025 valuation report, with the disclosure made under SEBI Listing Regulations.
26Feb 26
Coforge Secures Strategic Partnership with VHC Health for Digital Transformation
Coforge has secured a comprehensive strategic partnership with VHC Health to serve as their end-to-end Digital and IT Services transformation partner. The collaboration includes infrastructure modernization, AWS migration, cybersecurity strengthening, and deployment of AI-driven EvolveOps.AI and SecureOps solutions, with implementation beginning through ServiceNow IT Service Management processes.
25Feb 26
Coforge Secures $158 Million Five-Year Contract with UK Client Starting April 2026
Coforge has won a significant $158 million five-year contract with a UK-based client, with services beginning in April 2026. The company expects revenue to be evenly distributed over the contract period and anticipates material expansion of ancillary revenue from the same client. The deal highlights Coforge's AI-driven approach and five key technology platforms that have strengthened its position in the European market.
25Feb 26
Coforge Limited Receives NSE Sustainability Rating of 76 for FY2025, Up 8 Points
Coforge Limited announced receiving a sustainability rating of 76 for FY2025 from NSE Sustainability Ratings and Analytics Limited, representing an 8-point improvement from the previous year. The rating was assigned independently without company engagement, based solely on publicly available information. The disclosure was made under Regulation 30 of SEBI Listing Regulations on February 22, 2026.
16Feb 26
Coforge Limited Allots 17,695 Shares Under Employee Stock Option Plan
Coforge Limited has allotted 17,695 equity shares under its Employee Stock Option Plan (2005) on February 16, 2026. This allotment increases the company's paid-up share capital to 33,58,00,217 equity shares with a face value of Rs. 2/- each, totaling Rs. 67,16,00,434. The company is completing formalities for listing these shares and will file necessary documents with stock exchanges for trading approvals.
29Jan 26
Coforge Limited Recognized as Leader in ISG Provider Lens 2025 Multi Public Cloud Services Report
Coforge Limited has been recognized as a Leader in the ISG Provider Lens 2025 Multi Public Cloud Services report for US and UK regions in Consulting & Transformation Services and Managed Services categories. The report evaluated 63+ providers and highlighted Coforge's strengths in AI-native cloud operations, platform engineering, and industry-specific transformation capabilities. ISG analysts praised the company's EvolveOps.AI platform for autonomous cloud operations and its ability to deliver outcome-tied transformations across AWS, Azure, and Google Cloud platforms.
27Jan 26
Coforge Shareholders Approve 4 of 5 Resolutions in Postal Ballot; Special Rights Resolution Fails
Coforge Limited's postal ballot concluded January 25, 2026, resulted in approval of four out of five resolutions with over 95% shareholder support each. Resolutions for authorized share capital increase (99.32%), preferential share issuance (95.57%), investment limit enhancement (95.95%), and QIP capital raising (95.90%) were successfully passed. However, Resolution 3 for special rights and covenants failed with only 68.84% support, below the required 75% threshold. The company is engaging stakeholders while continuing Encora acquisition preparations.
27Jan 26
Coforge Records ₹76.12 Crore Block Trade on NSE at ₹1653 Per Share
Coforge completed a major block trade on NSE worth ₹76.12 crores involving approximately 460,511 shares at ₹1653.00 per share. The transaction reflects significant institutional activity and strategic portfolio movements by large investors in the IT services company.
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