Coforge Limited has informed the Exchange regarding allotment of 12671602 securities pursuant to Scheme of Arrangement/Amalgamation at its meeting held on Jun 03, 2026
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Coforge Limited has allotted 12,671,602 securities to eligible shareholders pursuant to a Scheme of Arrangement/Amalgamation. The allotment was approved at a meeting held on June 3, 2026. This indicates the scheme has progressed through regulatory approvals and has now reached the securities issuance stage. The specific ratio and counterparty involved are not detailed in this particular filing. Shareholders will see these new securities reflected in their demat accounts as per the scheme terms.
Shareholders may receive additional equity shares, which could lead to a short-term dilution but may be value-neutral over the long term if the scheme creates synergies. The stock price may see some adjustment on the ex-date for the allotment.