Coforge Limited has informed the Exchange regarding a press release dated Jun 07, 2025, titled "Coforge inaugurates The Coforge Public Library in Gurugram, a unique initiative toprovide free access to knowledge and lifelong learning for all".
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Coforge has inaugurated its second public library in Gurugram under its flagship CSR programme, following the first one launched in Noida in February 2024. The 15,000 sq ft library, located in Sector 48 near Badshahpur Chowk, can seat 160 people and houses over 16,000 books covering fiction, non-fiction, children's literature, business, and more, including 2,000 Hindi titles. The collection features works by 13,000+ authors from 350+ publishers like Penguin, HarperCollins, and Oxford University Press, with iPads offering digital titles and a dedicated children's zone. The library will operate daily from 9 AM to 8 PM, with wheelchair access and full digitisation for catalogue management.
This is a brand-building and CSR move with no direct financial impact on the stock. It may slightly boost Coforge's ESG profile and corporate image, reinforcing its social responsibility narrative, but is unlikely to move the share price.