COFORGENSECoforge LimitedMediumNeutral
Announced Tue, 5 May · 17:19 IST

Coforge Limited has informed the Exchange that Record date for the purpose of Record Date for issue of equity shares pursuant to Scheme of Amalgamation is 16-May-2026.

Listed Co AcquisitionNclt Scheme FiledStrategic Transactions View source PDF

COFORGE · price

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

Price reaction · full curve 14 horizons · vs prior close
+9.9%1-day move
₹1168.00
prior close
₹1261.20
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.4+1.8+1.9+0.5+9.9+16.9+17.6+13.3+10.9+9.5+19.1+21.7+27.0
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AI summary

Coforge Limited has fixed May 16, 2026 as the Record Date for determining eligibility of Cigniti shareholders who are entitled to receive equity shares of Coforge. Cigniti has been amalgamated into Coforge under a Scheme of Amalgamation, with a share exchange ratio of 1:1. As a result of this corporate action, the Board has deferred its dividend proposal to the next meeting. COFORGE trades on NSE (Symbol: COFORGE) and BSE (Scrip code: 532541).

Likely market impact

Cigniti shareholders will receive Coforge shares at 1:1 ratio once the amalgamation process is completed. The deferment of dividend is a procedural delay tied to the ongoing corporate restructuring.