Latest news about Coforge
Coforge Records ₹61.33 Crore Block Trade on NSE at ₹1755.70 Per Share
Coforge
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More news about Coforge
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.
26Jan 26
Coforge Partners with Innovaccer to Launch G-Forge Initiative for Healthcare AI Transformation
Coforge Limited has partnered with Innovaccer Inc. to launch G-Forge, a joint initiative focused on accelerating AI transformation in healthcare. As Innovaccer's preferred platinum implementation partner, Coforge will establish a Healthcare AI Center of Excellence and provide comprehensive services for the Gravity AI platform. The partnership combines Coforge's organizational transformation expertise with Innovaccer's AI infrastructure to deliver measurable improvements in clinical, financial, and administrative outcomes across healthcare providers, payers, and life sciences organizations.
23Jan 26
Coforge Executive Recommends Against Qualified Institutional Placement Proposal
A Coforge executive has recommended against proceeding with the company's proposed Qualified Institutional Placement (QIP). The internal advisory suggests concerns about the timing or structure of the equity fundraising mechanism, though specific details about the reasoning have not been disclosed.
22Jan 26
Coforge Reports Strong Q3FY26 Performance with 28.5% Revenue Growth
Coforge Limited reported strong Q3FY26 results with consolidated revenue of ₹41,881 million, up 28.5% YoY. Net profit reached ₹2,967 million despite exceptional charges of ₹1,476 million related to Labour Codes impact and acquisition costs. The company announced a major $2.35 billion acquisition of Encora companies and declared a third interim dividend of ₹4 per share. All geographical segments showed growth, with Asia Pacific leading at 75.1% increase.
29Dec 25
Coforge Limited Makes Investor Conference Call Transcript Available Following December 26 Board Meeting
Coforge Limited has made available the transcript of its investor conference call held on December 26, 2025, following a board meeting. The disclosure was announced on December 29, 2025, by Company Secretary Barkha Sharma in compliance with SEBI Regulation 30. The transcript is accessible on the company's website under the Analyst/Investor Interaction section, ensuring transparency with stakeholders and fulfilling regulatory obligations for both BSE and NSE listings.
29Dec 25
Coforge EBIT Margin Expands 60 Basis Points to 18% on Cost Synergies and Revenue Growth
Coforge demonstrates strong operational performance with EBIT margin expanding 60 basis points to 18.0%, driven by $10 million in cost synergies and improved business mix. This comes alongside the company's $2.35 billion Encora acquisition, which is expected to deliver combined EPS of $4.13 and 15% revenue growth by FY27.
29Dec 25
CLSA Maintains Outperform Rating on Coforge at ₹2,275, Aligning with Morgan Stanley's Positive Outlook
Coforge Limited has received favorable analyst coverage from two major investment firms. CLSA maintains an 'Outperform' rating with a price target of ₹2,275, while Morgan Stanley continues its Overweight rating with a ₹2,030 price target. These positive ratings from prominent investment firms reflect confidence in Coforge's market position and growth potential in the IT services sector.
28Dec 25
Coforge Releases EPS Analysis for $2.35Bn Encora Acquisition with Financial Projections
Coforge has released a comprehensive investor presentation analyzing its $2.35 billion Encora acquisition, demonstrating EPS accretion with combined entity revenue of US$2.826 billion and enhanced AI capabilities. The presentation details post-closing share capital of 468.70 million shares and Encora's strong financial profile including US$600 million FY26E revenue and 19% EBITDA margin.
27Dec 25
Coforge Clarifies Speculative News Reports, Issues Correction to Share Allotment
Coforge Limited addressed speculative media reports while providing corrections to its preferential share allotment disclosure. The company clarified that news items appearing on Moneycontrol were premature and not based on official communication, emphasizing that all regulatory disclosures were made following proper Board meeting procedures on December 26, 2025.
26Dec 25
Coforge Gets Board Approval to Raise Up to $550 Million Through QIP
Coforge has obtained board approval to raise up to $550 million through a qualified institutional placement (QIP), following a crucial board meeting. This represents the company's second major fund raising initiative within 18 months, after previously raising ₹2,240 crore for the Cigniti Technologies acquisition. The stock had declined 7% in the two sessions leading up to the board meeting due to investor concerns about potential equity dilution.
26Dec 25
Coforge in Talks to Acquire Encora for $2 Billion; Board Meet Today for Fund Raise
Coforge is in talks to acquire digital engineering firm Encora for $2 billion, a significant increase from earlier $1 billion+ valuations. The board meets today to discuss fund raising, with the company holding ₹6,000 crore in cash reserves. Coforge previously acquired Cigniti Technologies for over ₹2,000 crore in 2024 through QIP funding.
24Dec 25
Coforge Launches EvolveOps.AI: Agentic AI-Powered IT Operations Platform
Coforge has launched EvolveOps.AI, a comprehensive Agentic AI-powered IT operations platform built on open-source technologies with 28 specialized AI personas for autonomous enterprise operations. The platform delivers substantial performance improvements including 25% reduction in system downtime, 40% decrease in IT operational expenses, and 60% faster incident detection and resolution, while supporting seamless integration across major cloud platforms and existing IT infrastructure.
23Dec 25
Coforge to Discuss Fundraising Plans on December 26
Coforge, a large-cap IT services provider, has announced a meeting on December 26 to discuss fundraising plans. This corporate development indicates the company is exploring capital enhancement strategies to support its business objectives. The meeting will likely provide insights into Coforge's capital raising plans and future growth initiatives.
23Dec 25
Coforge Board Meeting for Fund Raising Proposal Scheduled for December 26, 2025
Coforge Limited announced a board meeting on December 26, 2025, to deliberate on fund raising proposals through various modes including private placement, QIP, and preferential issues. The company has implemented a trading window closure until December 28, 2025, and scheduled investor engagement activities including analyst calls and non-deal roadshows in Mumbai and Singapore.
14Dec 25
Coforge Limited Allots 1,45,189 Shares Under ESOP Scheme, Paid-Up Capital Rises to ₹67.01 Crores
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.
08Dec 25
Coforge Secures Unanimous Approval from Shareholders and Unsecured Creditors for Amalgamation with Cigniti Technologies
Coforge Limited has obtained strong approvals from both equity shareholders and unsecured creditors for its proposed amalgamation with Cigniti Technologies Limited. Shareholders voted 99.70% in favor, while unsecured creditors unanimously approved the resolution. The shareholder meeting saw participation from 1,001 shareholders, and unsecured debt worth INR 2,40,80,03,073 was represented in the creditors' meeting. Both meetings were held on December 6, 2025, with the creditors' meeting conducted via video conferencing as per NCLT Chandigarh Bench directions.
08Dec 25
Coforge Unveils AI-Powered z/TPF Center of Excellence to Revolutionize Mainframe Modernization
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.
05Dec 25
Coforge Secures Leadership Position in Everest Group's Enterprise Quality Engineering Services Assessment 2025
Coforge Limited has been named a Leader in Everest Group's Enterprise Quality Engineering Services PEAK Matrix Assessment 2025. The company's comprehensive QE portfolio, industry expertise in regulated sectors, AI-driven innovation through its BlueSwan solution, and strong revenue growth were key factors in this recognition. Coforge offers a wide range of quality engineering services and has shown significant financial growth, with total assets increasing by 104.51% and total equity by 123.48% compared to the previous year.
21Nov 25
Coforge Clinches 2025 ISG Star of Excellence Award for IT Operations
Coforge Limited has been awarded the 2025 ISG Star of Excellence Award in the IT Operations category. The company scored 90 in overall customer experience, outperforming over 240 service providers. The award, based on direct enterprise customer feedback, evaluates providers across six key dimensions. Coforge also excelled in cloud computing, application development, maintenance, and Enterprise IT Service Management. Additionally, Coforge allotted 102,070 equity shares under its ESOP 2005, increasing its paid-up share capital to 334,896,619 equity shares.
16Nov 25
Coforge Limited Transitions to New Registrar and Share Transfer Agent
Coforge Limited is changing its Registrar and Share Transfer Agent (RTA) from Alankit Assignments Limited to MUFG Intime India Private Limited. The transition is in progress, with the effective date yet to be announced. Alankit Assignments will continue providing services until the transition is complete. Shareholders do not need to take any immediate action, and Coforge will notify all parties once the revised effective date is finalized.
11Nov 25
Coforge Receives Credit Rating Upgrade from CRISIL
CRISIL Ratings Limited has upgraded Coforge Limited's long-term issuer rating from 'CRISIL AA/Positive' to 'CRISIL AA+/Stable'. The short-term rating of 'CRISIL A1+' has been reaffirmed. This upgrade signifies an improvement in Coforge's creditworthiness and may enhance its financial credibility, potentially leading to more favorable borrowing terms and increased investor confidence. Coforge has accepted the updated ratings and informed both BSE and NSE as per regulatory requirements.
04Nov 25
Coforge Shareholders Approve Key Board Appointments in Postal Ballot
Coforge Limited's shareholders have approved two significant board appointments through a postal ballot. Mr. DK Singh was re-appointed as Independent Director for a second 5-year term with 98.77% votes in favor. Mr. John Speight was appointed as Executive Director for up to 5 years with 95.09% approval. The voting was conducted entirely through electronic remote e-voting, concluding on November 2, 2025. The company adhered to MCA and SEBI guidelines for the postal ballot process.
31Oct 25
Coforge Boosts Employee Retention with 175,000 Performance-Based Stock Options
Coforge Limited has approved a new grant of 175,000 performance-based stock options under its ESOP 2005. The options, priced at ₹2 each, are for employees of Coforge and its subsidiaries. The vesting schedule spans fiscal years 2026 to 2030, with 100% vesting each year. This move aims to incentivize and retain employees, aligning their interests with the company's long-term success.
28Oct 25
Coforge Inaugurates AI Lab at IIT Varanasi, Reports Strong Q2 Performance
Coforge Limited reported robust Q2 financial results with 8.10% QoQ revenue growth in rupee terms and 5.90% in constant currency. The company inaugurated a Data & AI Lab at IIT (BHU) Varanasi, focusing on four research projects. Coforge is adapting its hiring strategy to prioritize curiosity and practical skills. The company secured 10 large deals in H1, showing strong deal momentum. Addressing H1B visa concerns, CEO Sudhir Singh stated the impact as 'containable' with plans for on-site hiring in the U.S. The market responded positively, with Coforge shares closing 4.03% higher.
27Oct 25
Coforge Forecasts 14% EBIT Margin for FY26, Stock Gains 4% on Strong Q2 Results
Coforge announced a 14% EBIT margin target for FY26 and reported impressive Q2 results. Revenue grew 4.5% sequentially to $462.1 million, with net profit up 18.4% to Rs375.8 crore. The company secured new deals worth $514 million and expects strong growth in H2 FY26. Following the results, Coforge's stock rose 4%, and analysts raised price targets.
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