COFORGEBSECoforge LtdLowNeutral
Announced Mon, 18 May · 11:04 IST

ESOP Allotment Intimation

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COFORGE · price

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Price reaction · full curve 14 horizons · vs prior close
+10.4%1-day move
₹1279.00
prior close
₹1311.40
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.4-0.3-0.2+0.7+10.4+9.7+7.7+8.1+9.3+8.8+10.2+15.7+18.0
Up moveDown movePending
AI summary

Coforge Limited has allotted 3,52,818 equity shares under its Employee Stock Option Plan (ESOP 2005) on May 17, 2026. Following this allotment, the company's paid-up share capital has increased to 42,99,99,944 equity shares of face value Rs. 2 each, aggregating to Rs. 85,99,99,888. The company is in the process of completing formalities for listing and trading approvals of these newly allotted shares. This is a routine share dilution through employee stock options.

Likely market impact

This is a minor dilution of approximately 0.08% for existing shareholders. No immediate impact on stock price is expected as ESOP allotments are routine corporate actions. The shares will be available for trading once listing approvals are received.