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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.

27Oct 25

Coforge Shares See Significant Block Trade on NSE

Coforge Ltd., an IT services company, experienced a substantial block trade on the National Stock Exchange (NSE). The transaction involved 353,295 shares at Rs. 1,840.00 per share, totaling Rs. 65.01 crores. This notable market activity has drawn attention, although the parties involved remain undisclosed. While such trades can influence market sentiment, they are part of normal market operations and don't necessarily reflect changes in the company's fundamentals.

27Oct 25

Coforge Reports Robust Q2 Performance: Net Profit Surges 18.6% QoQ

Coforge Limited announced robust Q2 FY2025-26 financial results. Net profit increased by 19.36% to ₹425.40 crore, while revenue grew 6.53% to ₹4,024.20 crore quarter-on-quarter. EBIT rose 32.65% to ₹732.50 crore, and EBITDA margin expanded by 274 bps to 14.07%. Year-over-year, net profit surged 82.18%, revenue increased 30.63%, and EBITDA grew 66.06%. The company's performance exceeded analyst expectations in most areas, demonstrating strong growth and operational efficiency.

24Oct 25

Coforge Reports Strong Q2 FY26 Results: Revenue Up 31.7% YoY, Declares Rs 4 Interim Dividend

Coforge Limited announced robust Q2 FY26 results with revenue reaching ₹39,857.00 million, a 31.70% YoY increase. EBIT grew by 59.10% YoY to ₹5,563.00 million, with EBIT margin expanding to 14.00%. PAT surged 86.00% YoY to ₹3,758.00 million. The company secured five large deals, with order intake of $514 million. The Board declared an interim dividend of ₹4 per share and approved restructuring of UK subsidiaries. John Speight was appointed as President and Executive Director.

24Oct 25

Coforge Reports Robust Q2 Performance and Receives Approval to Wind Down Two UK Subsidiaries

Coforge Limited announced impressive Q2 financial results with revenue increasing 31.70% YoY to ₹39,857.00 crore. Net profit surged 86.00% to ₹3,758.00 crore. The company secured five large deals, with order intake reaching $514 million. Coforge also plans to wind down two UK subsidiaries to optimize operations. An interim dividend of ₹4.00 per share was declared.

22Oct 25

Coforge to Announce Q2 Results on October 24, Board to Consider Second Interim Dividend

Coforge Limited will reveal its Q2 FY26 results on October 24, 2025. The board will approve unaudited financial results for Q2 and H1 FY26, and consider a second interim dividend. An earnings call is scheduled for 5 p.m. IST on the same day. Coforge's Q1 FY26 showed strong growth with total income up 55.67% YoY and net profit more than doubling. The company serves over 260 global clients with a workforce exceeding 32,000, specializing in AI, cloud, data, and automation solutions.

18Oct 25

NCLT Approves Shareholder and Creditor Meetings for Coforge-Cigniti Technologies Merger

The NCLT Chandigarh Bench has approved meetings for Coforge Limited and Cigniti Technologies stakeholders to consider their proposed merger. The order, dated October 17, 2025, directs both companies to convene meetings for equity shareholders and unsecured creditors. Coforge will also hold a meeting for secured creditors. The merger, with an appointed date of April 1, 2025, aims to enhance digital transformation capabilities, accelerate growth, and improve operational efficiency. Coforge recently allotted 198,489 equity shares under its ESOP, increasing its paid-up share capital to 334,794,549 shares.

03Oct 25

Coforge Seeks Shareholder Approval for Key Director Appointments

Coforge Limited has announced a postal ballot for shareholder approval on two director appointments. The company proposes to re-appoint Mr. D K Singh as an Independent Director for a five-year term and appoint Mr. John Speight as an Executive Director for five years. Mr. Speight's proposed annual remuneration includes a base salary of GBP 335,494, an annual bonus of GBP 111,336, and 240,000 stock options. The e-voting period for the postal ballot will run from October 4, 2025, to November 2, 2025, with results expected by November 3, 2025.

29Sept 25

Coforge Limited Clinches Golden Peacock Award for Corporate Governance Excellence

Coforge Limited has been awarded the Golden Peacock Award for Excellence in Corporate Governance by the Institute of Directors (IoD), India. The award, decided by a distinguished jury chaired by former Chief Justice of India Hon'ble Justice Uday U. Lalit, recognizes Coforge's commitment to high standards of corporate governance, transparency, and ethical business practices. Barkha Sharma, Company Secretary & Compliance Officer of Coforge, expressed pride in this achievement in an official communication to stock exchanges.

22Sept 25

Coforge Strengthens Leadership: Board Approves Key Director Appointments

Coforge Limited has approved significant changes to its board composition. D K Singh, with over 36 years of leadership experience, will be re-appointed as an Independent Director for a five-year term starting February 12, 2026. John Speight, currently Business Head for UK and Europe operations, will be appointed as an Executive Director for up to five years, effective October 10, 2025. Both appointments are subject to shareholder approval. These strategic moves aim to enhance board expertise and maintain strong leadership in the digital services sector.

22Sept 25

Coforge Reassures Investors: Minimal Impact Expected from New US H-1B Visa Rules

Coforge Limited, with 53% of its revenue from the US, has addressed investor concerns about new H-1B visa regulations. The company filed only 65 new H-1B petitions, with 63 approved, indicating minimal reliance on fresh visas. With a total workforce of 34,187 as of June 30, Coforge's proactive approach in reducing dependence on new H-1B petitions suggests a robust talent management strategy less vulnerable to US visa regulation changes.

03Sept 25

Coforge Streamlines Operations: Completes Merger of Three Subsidiaries

Coforge Limited has successfully merged three of its wholly-owned subsidiaries - Coforge Services, Coforge SmartServe, and Coforge SF - into Coforge Technologies. The merger, approved by the Regional Director of the South East Region and the Registrar of Companies in Hyderabad, aims to enhance operational efficiency. This consolidation is expected to streamline the company's corporate structure, potentially improving management processes and reducing costs. Coforge's Board of Directors is scheduled to meet on October 24 to consider Q2 financial results and a possible second interim dividend.

03Sept 25

Coforge Sets October 24 Board Meeting to Review Q2 Results and Consider Interim Dividend

Coforge Limited's Board of Directors will meet on October 24 to review Q2 and half-year financial results ending September 30. They will also consider a second interim dividend. A conference call with analysts and investors is planned post-meeting. The company has closed its trading window from October 1 until 48 hours after the results declaration. Investor meetings are scheduled for November 3 and 4 in Mumbai.

08Aug 25

Coforge Shares Tumble 4% Amid Client Sabre's Poor Performance and Merger Update

Coforge Limited's shares dropped over 4% on Friday, continuing a 7% decline over the last four trading sessions. The stock has fallen 17% in the past month. This downturn is linked to poor quarterly results from Sabre Corporation, a major Coforge client, which saw a 35% stock drop on Nasdaq. Sabre significantly reduced its full-year guidance across key metrics. Meanwhile, Coforge has filed an application with the NCLT for approval of its merger with Cigniti Technologies Limited.

07Aug 25

Coforge Files NCLT Application for Merger with Cigniti Technologies

Coforge Limited has filed an application with the National Company Law Tribunal (NCLT), Chandigarh Bench, seeking approval for its proposed merger with Cigniti Technologies Limited. Under the scheme, Cigniti Technologies will be merged into Coforge, with Coforge as the transferee company. This move follows previous disclosures about the amalgamation proposal. The merger aims to strengthen Coforge's position in the IT services sector.

29Jul 25

Coforge Ltd Sees Significant Block Trade Worth Rs. 102.73 Crores on NSE

Coforge Limited experienced a significant block trade on the NSE, involving 602,539 shares at Rs. 1,705.00 per share, totaling Rs. 102.73 crores. The company also appointed Manish Hemrajani as the new Head of Investor Relations to enhance engagement with institutional investors and analysts.

28Jul 25

Coforge Bolsters Investor Relations with Appointment of Manish Hemrajani

Coforge Limited has appointed Manish Hemrajani as its new Head of Investor Relations. Hemrajani brings over 20 years of experience in capital markets across various sectors. He will lead Coforge's global investor relations strategy, focusing on clear communication with shareholders and analysts, overseeing earnings disclosures, ensuring regulatory compliance, and strengthening shareholder engagement. CEO Sudhir Singh emphasized the strategic importance of enhancing investor engagement as the company continues its growth trajectory. Hemrajani holds an MBA in Finance from NYU Stern and an Investor Relations Charter certification.

26Jul 25

Coforge Aims for 14% EBIT Margin by FY26 Despite IT Sector Challenges

Coforge aims for a 14% EBIT margin by FY26, supported by a 46.9% year-over-year increase in its 12-month order book. Q1FY26 results show revenue growth of 8.20% and net profit increase of 22% quarter-on-quarter, despite a slight EBIT margin decline to 11.3%. The company plans to achieve its target through structural cost reductions, a strong deal pipeline, and operational efficiency. An interim dividend of Rs 4 per share was declared, with the record date set for July 31. However, Coforge's stock fell 8.19% on the NSE, closing at Rs 1,698.20.

24Jul 25

Coforge Reports Strong Q1 FY26 Performance with 54.5% YoY Revenue Growth

Coforge Limited announced robust Q1 FY26 financial results, with revenue reaching $442.40 million, up 54.5% YoY. EBITDA grew 50.1% YoY to $77.30 million, while PAT surged 84.6% YoY to $38.10 million. The company secured $507 million in new orders and signed five large deals across regions. Sectoral performance showed significant growth, particularly in Travel, Transportation, and Hospitality. Coforge maintained strong operational metrics with a global headcount of 34,187 and a low attrition rate of 11.3%. Strategic developments include an interim dividend declaration, appointment of a new RTA, and acquisition of Artexmind S.A. to facilitate operations in a new geography.

23Jul 25

Coforge Expands Global Footprint: Acquires Artexmind S.A. for $10,000

Coforge Limited is acquiring Artexmind S.A., a newly incorporated IT/ITes company, for $10,000 to expand into a new geographic market. The acquisition, expected to complete by August 31, 2025, involves purchasing 40,000 shares. Coforge also reported impressive Q1 FY26 results with revenue of ₹36,886 million, up 56.50% year-on-year, and PAT of ₹3,174 million, up 138.40%. The company secured $507 million in new orders and declared an interim dividend of ₹4 per share. Coforge is changing its Registrar and Share Transfer Agent to MUFG Intime India Private Limited, effective November 15, 2025.

23Jul 25

Coforge Reports Robust Q1 FY26 Results with 56.5% Revenue Growth, Declares Interim Dividend

Coforge Limited announced robust Q1 FY26 financial results. Consolidated revenue reached ₹36,886.00 million, up 56.5% year-over-year. EBITDA margin improved to 17.5%. PAT increased by 138.4% year-over-year to ₹3,174.00 million. The company secured $507.00 million in order intake, signed five large deals, and added 6 new clients. Order book stands at $1.55 billion. Global headcount reached 34,187 with low attrition at 11.3%. An interim dividend of ₹4.00 per share was declared. Coforge plans to change its Registrar and Share Transfer Agent and acquire Artexmind S.A. for expansion.

23Jul 25

Coforge Reports 56.5% YoY Revenue Growth in Q1, Declares Interim Dividend

Coforge Limited announced strong Q1 financial results with 56.5% YoY revenue growth in INR terms, reaching ₹36,886.00 million. US Dollar revenue increased by 54.5% to $442.40 million. EBITDA margin improved to 17.5%, and PAT rose 138.4% YoY to ₹3,174.00 million. The company secured $507.00 million in new orders, with five large deals signed. The order book for the next 12 months stands at $1.55 billion, up 46.9% YoY. Coforge declared an interim dividend of ₹4.00 per share and announced the appointment of a new Registrar and Share Transfer Agent. The company also plans to acquire Artexmind S.A. to expand its geographical presence.

23Jul 25

Coforge Reports Q1 Profit Growth, Declares Interim Dividend, and Announces Strategic Changes

Coforge Limited reported Q1 consolidated net profit of 3.17 billion rupees, up from 2.60 billion rupees in the previous quarter, but below analyst estimates. Q1 revenue reached 36.88 billion rupees, missing analyst expectations. The company declared an interim dividend of 4.00 rupees per share. Coforge appointed MUFG Intime India Private Limited as its new Registrar and Share Transfer Agent, effective November 15, 2025. The company also agreed to acquire Artexmind S.A. for about 10,000 USD to expedite entry into a new geography.

22Jul 25

Coforge to Announce Q1 FY26 Results on July 23, Board to Consider Interim Dividend

Coforge Ltd. will reveal its Q1 FY26 financial results on July 23. The Board of Directors will meet to approve the unaudited consolidated and standalone financial results for the quarter ended June 2025. They will also consider an interim dividend proposal. An earnings call is scheduled for July 24 at 8:15 a.m. The company has implemented a trading window closure for designated persons from July 1 until 48 hours after the results declaration.

26Jun 25

Coforge Shares Dip Following Major Block Deal

Coforge Ltd experienced a share price decline after a block deal of 9.77 lakh shares (1.46% equity) valued at ₹183.30 crore. The transaction occurred at ₹1,876.50 per share. Following the deal, Coforge's stock traded at ₹1,865.50, down 0.7%. The identities of the buyers and sellers were not disclosed.

26Jun 25

Coforge Ltd. Sees Significant Block Trade on NSE

Coforge Ltd. experienced a significant block trade on the National Stock Exchange (NSE), involving 963,823 shares at Rs. 1,870 per share. The total deal value amounted to Rs. 180.23 crores. This large-scale transaction could potentially influence market sentiment and trading patterns for Coforge's stock in the short term.

23Jun 25

Coforge Teams Up with Duke's Fuqua School to Boost Generative AI Adoption

Coforge has announced a strategic collaboration with Duke University's Fuqua School of Business to accelerate the adoption of Generative AI across various industries. The partnership aims to combine Coforge's industry expertise with Duke's academic prowess to drive innovation and enhance efficiency in sectors such as financial services, healthcare, manufacturing, retail, and technology. This collaboration is expected to explore and expand Generative AI applications, potentially revolutionizing how businesses implement AI solutions.

20Jun 25

Coforge Refutes Rumors of R Systems Acquisition Talks

Coforge, a global IT solutions organization, has officially denied market speculation regarding its alleged involvement in acquisition discussions with R Systems. The company issued a statement to maintain transparency with investors and the market, categorically stating that it is not engaged in any acquisition talks concerning R Systems. This prompt clarification aims to prevent unwarranted stock price volatility arising from unfounded rumors.

10Jun 25

Coforge Ltd. Shares Witness Significant Block Trades on NSE

Two large block trades of Coforge Ltd. shares were reported on the NSE. The first involved 909,165 shares at Rs. 1,843.00 per share, totaling Rs. 167.56 crores. The second saw 603,972 shares traded at Rs. 1,842.50 per share, amounting to Rs. 111.28 crores. These trades, collectively worth over Rs. 278.84 crores, indicate substantial investor interest in the global IT solutions organization.