COFORGENSECoforge LimitedLowNeutral
Announced Sat, 17 May · 17:36 IST

Coforge Limited has informed the Exchange regarding Allotment of 6343 Shares.

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Coforge Limited has allotted 6,343 equity shares under its Employee Stock Option Plan (ESOP) 2005 on May 16, 2025. These shares have a face value of Rs. 10 each, and the company received Rs. 63,430 as share application money. After this allotment, Coforge's total paid-up share capital has increased to 66,885,199 equity shares, amounting to Rs. 66.88 crore. The company will now complete listing and trading approval formalities with the stock exchanges. The dilution from this allotment is minimal — roughly 0.01% of total share capital.

Likely market impact

This is a routine ESOP allotment with negligible dilution for existing shareholders. No material impact on share price or shareholder value is expected.