Coforge Allots Shares Following Amalgamation; Paid-Up Capital Reaches Over 8 Crore
Coforge Ltd has completed the allotment of equity shares to eligible shareholders of Cigniti Technologies Limited, as part of a Scheme of Amalgamation between the two entities. The successful allotment marks a significant increase in the company's paid-up share capital.The allotment was carried out by Coforge on June 3, 2026. As part of the scheme, the company allotted 1,26,71,602 fully paid-up equity shares, each with a face value of Rs. 2, to the eligible shareholders of Cigniti Technologies Limited.
The amalgamation and subsequent allotment have substantially increased Coforge’s share capital structure. The total paid up share capital of Coforge has risen to 44,26,71,546 equity shares, all carrying a face value of Rs. 2 each. This allocation aggregates to a total value of Rs. 88,53,43,092.
The details of the share capital adjustment following the allotment are summarized below:
| Metric | Value |
|---|---|
| Total Equity Shares Post Allotment | 44,26,71,546 |
| Face Value per Share | Rs. 2 |
| Aggregated Capital Value | Rs. 88,53,43,092 |
Coforge confirmed that it is currently completing all necessary formalities regarding the issue and listing of these shares. The company plans to file the required documents with stock exchanges to obtain approvals for the listing and trading of the allocated shares.
COFORGE Stock Price Movement
As of 9:53 AM, shares of Coforge Limited are slipping by 0.23% in live trading, currently valued at ₹1417.7 as the stock maintains an intraday range between ₹1391 and ₹1430. The equity registers a traded volume of 618,000 shares, indicating active interest despite the slight downward trend.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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