Coforge Allots Equity Shares Under ESOP, Expands Paid-Up Share Capital

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Noida, January 28, 2025Coforge Limited (NSE: COFORGE) has announced the allotment of equity shares under its Employee Stock Option Plan (ESOP). The allotment, approved during the Board or Committee meeting on January 27, 2025, has significantly increased the company’s paid-up share capital, marking a significant milestone in our growth journey.

Key Highlights of the Allotment

  • Type of Issuance: ESOP/ESPS (Employee Stock Option Scheme/Employee Stock Purchase Scheme)
  • Type of Securities Allotted: Equity Shares
  • Pre-Allotment Paid-Up Share Capital:
    • ₹66.85 crore (668,59,385 shares of ₹1 each)
  • Post-Allotment Paid-Up Share Capital:
    • ₹66.87 crore (668,73,099 shares of ₹1 each)

Significance of the Allotment

This equity issuance is a testament to Coforge’s unwavering commitment to rewarding employees through stock ownership. It fosters a sense of ownership and alignment with our long-term growth objectives, reinforcing our values and priorities.
 
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