Coforge Limited has informed the Exchange that Record date for the purpose of Split/Subdivision is 04-Jun-2025.
COFORGE · price
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Awaiting price reaction for this filing.
Coforge has fixed Wednesday, June 4, 2025 as the record date to determine shareholders entitled to receive split shares. The company will subdivide each existing equity share of face value INR 10 into 5 equity shares of face value INR 2 each, fully paid up. All new shares will carry equal rights (pari passu) with existing shares. The split does not change the overall market capitalisation but increases the number of shares fivefold and reduces the per-share price proportionally.
Shareholders holding shares on June 4, 2025 will receive 5 shares of INR 2 for every 1 share of INR 10 held. The split improves liquidity and makes the stock more affordable for retail investors, but does not alter the underlying value of the holding.