Coforge Limited has informed the Exchange regarding allotment of 98335 securities pursuant to ESOP/ESPS at its meeting held on July 11, 2025
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Coforge Limited's ESOP Allotment Committee approved the allotment of 98,335 equity shares on July 11, 2025, under the company's Employee Stock Option Plan (2005). Each share has a face value of Rs. 2, and the company received share application money of Rs. 196,670. Following this allotment, Coforge's total paid-up share capital increased to 334,524,330 equity shares, aggregating to Rs. 669,048,660. The company will complete listing and trading approval formalities with the exchanges shortly.
This is a routine ESOP allotment with negligible dilution of about 0.03%, so it is unlikely to have any meaningful impact on the stock price. It signals that employees are exercising vested stock options, which is a normal operational activity for the company.