Announced Thu, 4 Jun, 2026 · 24:19 IST
Coforge allots 1.27 cr shares to Cigniti shareholders under merger scheme
COFORGE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+0.8%1-day move
₹1419.40
prior close
₹1410.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.1+0.7+0.3+0.5+0.8+0.1-0.7-1.3-1.6-1.1+5.1+4.5+22.2+38.4
Up moveDown movePending
AI summary
Coforge has issued 1.26 crore equity shares (Rs 2 face value) to shareholders of Cigniti Technologies under a 1:1 share swap ratio as part of the Scheme of Amalgamation between the two firms. Post-allotment, Coforge's paid-up share capital stands at about 44.27 crore shares aggregating to about Rs 88.53 crore. Listing and other regulatory formalities are being completed.
Likely market impact
Dilution for existing Coforge holders as new shares are issued; Cigniti shareholders now hold Coforge stock, expanding the shareholder base.