COFORGE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Coforge Ltd has fixed May 16, 2026 as the Record Date for determining eligibility of Cigniti shareholders to receive equity shares of Coforge under a Scheme of Amalgamation. The share exchange ratio is 1:1, meaning Cigniti shareholders will receive one Coforge share for each Cigniti share held. As a result of this amalgamation, the Board has deferred its dividend proposal to the next meeting. The company filed this intimation with BSE and NSE on May 5, 2026.
Cigniti shareholders should ensure their holdings are correctly registered by May 16, 2026 to be eligible for the share exchange. Existing Coforge shareholders may see dilution due to the new shares being issued. The dividend deferral suggests the Board is prioritizing the amalgamation completion before announcing payouts.