Coforge Limited has informed the Exchange regarding allotment of 39681 securities pursuant to ESOP/ESPS on April 15, 2026
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Coforge Limited's ESOP Allotment Committee has approved the allotment of 39,681 equity shares on April 15, 2026, under the Employee Stock Option Plan (2005). Following this allotment, the company's paid-up share capital has increased to 33,58,50,618 equity shares of face value Rs. 2 each, totaling Rs. 67.17 crore. The company is in the process of completing formalities and will shortly file documents with the exchanges for listing and trading approvals of these newly allotted shares. This is a routine corporate action related to employee stock option exercises.
The dilution effect from this ESOP allotment is minimal given the small number of shares (39,681) relative to the total share capital. The shares will become eligible for trading once listing approvals are received. No significant impact on stock price expected from this routine employee compensation exercise.