Coforge Limited
Coforge is an IT services company providing end-to-end software solutions and services. .It is among the top-20 Indian software exporters. Prominent global customers include British Airways, the ING group, SEI Investments, Sabre, and SITA. Over the years, Coforge has set up subsidiaries in the US, Singapore, Australia, UK, Germany and Thailand, mainly to market and mobilise projects for the software division. The…
What Coforge files
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- Investor Meet59
- Important33
- Dividend/Bonus19
- Board Meeting16
Coforge delivered robust FY26 with revenue up 29.2% (USD) and EBITDA margins expanding 431bps to 18.6%. Generated record $135 million free cash flow. Eyes 20.5-21% EBITDA margins in FY27. Operations saw 76% Scope 1+2 emissions cut, moving to 100% green energy.
Coforge has confirmed proper processing and listing of all dematerialized shares received from depositories. Records have been duly updated, ensuring robust shareholder administration.
Coforge completed its Encora acquisition, issuing 9.38 Cr shares (~₹17,032.60 Cr) to investors. It secured a $550 million (~₹5,156.85 Cr) loan for primary investment in Encora. Two new non-executive directors joined the board.
Coforge finalized Encora acquisition details, securing a $55 Cr loan for target company funding. The board also allotted 9.38 Cr equity shares (₹17,032.60 Cr value) to Encora Holdco & AI Altius as consideration, and appointed Shweta Jalan & Atin Jain as additional directors.
Coforge's board approved an amended acquisition pact for Encora with Investors. The key revision tightens investor board nominee rights, raising the shareholding threshold to retain a director from 5% to 10%. Shareholders will now vote on these updated special rights via postal ballot.