Coforge Limited has announced that its Board of Directors will meet on March 4, 2025, to discuss a proposal for the sub-division or split of its existing equity shares. The company disclosed this in a regulatory filing, stating that the board will determine the specifics of the proposed alteration in share capital.
The share split, if approved, will be subject to shareholder consent and other necessary regulatory approvals. Currently, Coforge’s equity shares have a face value of ₹10 each. The split is expected to improve liquidity and make the stock more accessible to a broader investor base.
Additionally, Coforge has announced that its trading window for designated persons and their immediate relatives will remain closed until 48 hours after the outcome of the board meeting is disclosed.
The decision aligns with Coforge’s long-term strategic plans to enhance market participation and align with investor interests. Investors and analysts will be closely watching the board meeting for further developments on this potential corporate action.
