शुभ दीपावलीDiwali offer: 3 months free on yearly plans · ends 11 NovSee plans
COFORGENSECoforge Limited· IT - SoftwareHighNeutral
Announced Fri, 27 Mar, 2026 · 23:18 IST

Coforge Limited has informed the Exchange regarding Change in Director(s) of the company.

COFORGE · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close
-2.4%Reaction day
₹1142.00
prior close
₹1135.00
announcement price
After-mkt
timing
Nifty Midcap 150market · index membership as recorded later (tracked since Jun 2026)-2.6%+0.2% vs market
Computers - Software & Consulting peers, median of 69sector-3.6%+1.2% vs sector

On the reaction day the stock moved 0.2 pts more than Nifty Midcap 150 and 1.2 pts more than its Computers - Software & Consulting peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark
Stock
5m
-0.5
10m
-0.7
15m
-0.5
30m
-0.6
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
-2.4-2.6+0.2-3.6+1.2
Next day
+1.1-0.4+1.6+2.2-1.0
2d
+5.7-0.7+6.5+4.7+1.0
3d
+6.6+0.7+5.9+6.0+0.6
4d
+8.0+0.8+7.2+7.4+0.6
5d
+11.3+4.8+6.5+10.0+1.3
1w
+7.1+6.8+0.3+10.3-3.2
15d
+6.7+10.8-4.0+15.7-8.9
1m
+4.8+10.3-5.4+16.2-11.3
2m
+27.7+11.6+16.1+10.8+16.9
3m
+28.9+14.1+14.7+10.4+18.4
UpDownMarket · Nifty Midcap 150Sector · Computers - Software & Consulting peers, median of 69Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Coforge Limited has appointed Mr. Vivek Sharma (DIN: 10741746) as an Additional Director and Non-Executive Independent Director on its Board, effective April 1, 2026, for a 5-year term. The appointment was recommended by the Nomination and Remuneration Committee and approved by the Board on March 27, 2026, and is subject to shareholder approval. Mr. Sharma is not related to any existing director and is not debarred by SEBI. He brings deep expertise in AI, data science, and digital transformation, with prior leadership stints as CEO/co-founder of InStride, SVP at Walt Disney Company, and senior roles at Yahoo and McKinsey. He currently serves on the boards of Kaiser Permanente and JetBlue Airways, and is an IIT Delhi and INSEAD alumnus.

Likely market impact

This is a routine independent director appointment with no negative implications. Adding a director with strong global tech and AI credentials could be viewed positively by the market, strengthening board oversight at a time when AI is reshaping the IT services industry.