Coforge Ltd

Coforge Product Launch

Coforge introduced SecureEdge2Cloud, an AI-powered Zero Trust security solution built on Zscaler Platform. The offering aims to strengthen cyber resilience for enterprises.

Coforge Annual General Meeting

Coforge Ltd announced postal ballot results approving the appointment of three directors. The resolutions were passed with the requisite majority.

Coforge Other Announcement

Coforge received the Pega Industry Excellence Award for delivering an AI-powered telehealth platform in Scotland. This recognition validates its technical expertise in public sector digital transformation.

Coforge Capacity Expansion

Coforge inaugurated its fourth public library in Vasant Kunj, New Delhi, as part of its CSR initiative. The 10,000 sq. ft. facility expands the company's social footprint.

Coforge Board Meeting Date

Coforge scheduled a board meeting on July 27, 2026, to approve quarterly results. Trading window remains closed from July 01 until results declaration.

Coforge Fund Raise

Coforge Limited allotted 1,26,71,602 equity shares to Cigniti Technologies shareholders following their merger. This completes a key milestone in the amalgamation process.

Coforge Product Launch

Coforge launched its Nexa Agentic AI Platform to industrialize global insurance operations. The platform offers a marketplace of 30+ AI assets to enhance underwriting and claims processing.

Coforge Annual General Meeting

Coforge Limited issued a postal ballot notice seeking shareholder approval for the appointment of three directors. Remote e-voting commences on May 30, 2026.

Coforge Capital Structure Change

Coforge received in-principle listing approval for 93,796,508 equity shares from stock exchanges. This milestone enables the credit of shares to allottees' demat accounts.

Coforge Product Launch

Coforge launched Aeronova.AI, a purpose-built framework to help airlines modernize retailing operations. This AI-native solution streamlines the transition from legacy systems to modern retailing.

Coforge Employee Stock Options

Coforge Limited allotted 3,52,818 equity shares worth ₹8.60 Crore under its ESOP Scheme. The company's paid-up capital increased to approximately ₹86 Crore following this issuance.

Value

₹8.60 Cr

Coforge Earnings Call: Key Takeaways

Coforge Limited delivered a robust FY26 with 29.2% USD revenue growth, signaling a structural reset in margin profiles led by AI-driven backend automation and successful cross-selling from acquisitions.

Coforge Acquisition

Coforge Limited has completed its amalgamation with Cigniti. The Board fixed May 16, 2026, as the Record Date for issuing equity shares to Cigniti shareholders in a 1:1 ratio. Consequently, the interim dividend proposal has been deferred to the next meeting.

Coforge Results Update

Coforge Limited reported FY26 revenue of ₹16,420.7 Crore, representing 29.2% YoY growth in USD terms. EBIT margins expanded to 14.4%, while PAT reached ₹1,555.7 Crore ($177.4 Mn). The company signed five large deals in Q4, taking its executable order book to $1.75 billion for the next twelve months.

Value

₹16,421 Cr

Coforge Q4 FY26 Results: Net Profit ₹666.2 Cr, Up 116.8% YoY

Coforge Ltd reported revenue from operations of ₹4,450 Cr (+30.0% YoY) and net profit of ₹666.2 Cr (+116.8% YoY) for Q4 FY26.

Key figure

Net profit ₹666.2 Cr · +116.8% YoY

Coforge Financial Results

Coforge Limited reported consolidated annual revenue of ₹16,402.7 Crore and a profit of ₹1,744.7 Crore for FY26. The company also fixed May 16, 2026, as the record date for its amalgamation with Cigniti Technologies, with a 1:1 share exchange ratio. Consequently, the interim dividend proposal has been deferred to the next meeting.

Value

₹16,403 Cr

Coforge Acquisition

Coforge Limited announced the successful completion of its amalgamation with Cigniti Technologies Limited after filing the NCLT order with the Registrar of Companies. The scheme became effective with an appointed date of April 1, 2025. The Board will meet on May 5, 2026, to fix the record date for share cancellation and new equity issuance.

Coforge Acquisition Worth ₹1,024 Cr

Coforge Ltd successfully closed the acquisition of Cigniti Technologies Limited following NCLT approval. The transaction involved acquiring a 54% stake for approximately ₹1023.90 Crore. This strategic merger establishes Coforge as a scaled AI-led engineering services leader with an enterprise core of $2 billion.

Value

₹1,024 Cr

Coforge Other Announcement

Coforge has been recognized as a Leader and Star Performer in Everest Group's Duck Creek Services PEAK Matrix® Assessment 2026. The recognition highlights Coforge's sustained momentum in cloud-native modernization and specialized P&C insurance delivery. The company utilizes AI-native engineering and proprietary accelerators to drive significant business outcomes for global insurance carriers.

Execution

2026

Coforge Other Announcement

Coforge Ltd provided an update regarding its board meeting held on April 23, 2026. The company clarified that the meeting commenced at 7:10 am and concluded at 7:35 am, confirming all required disclosures were made within the stipulated timeframe. This is a procedural update with no material financial impact.

Coforge Share Pledge

CSCGlobal Capital Markets (Singapore) Pte. Ltd., acting as an offshore security agent, disclosed an indirect pledge over a 21.83% stake (9,37,96,508 shares) in Coforge Limited. The encumbrance includes a negative pledge and non-disposal covenant pursuant to a facility agreement dated April 21, 2026, for the benefit of lenders including Nomura and MUFG.

Coforge Fund Raise

Coforge Limited allotted 3,68,96,613 and 5,68,99,895 equity shares to Encora Holdco Ltd and AI Altius Parent (Cayman) Limited, respectively. The allotment, totaling 21.83% of post-issue capital, was conducted via a preferential issue on April 23, 2026.

Coforge Acquisition Worth ₹5,115 Cr

Coforge Limited successfully closed the acquisition of Encora, funded via a USD 550 Million (₹5,115 Crore) three-year loan at 4.6% interest. The acquisition adds scaled-up nearshore delivery capabilities in Latin America and is expected to deliver US$2Bn in AI-led revenue by FY27. Financial consolidation begins May 1, 2026.

Value

₹5,115 Cr

Coforge Management Change

Coforge Limited has appointed Ms. Shweta Jalan and Mr. Atin Hirachand Jain, both senior partners at Advent Private Equity, as Non-Executive Non-Independent Directors effective April 23, 2026. These appointments strengthen the board's strategic and private equity expertise.

Coforge Fund Raise of ₹17,033 Cr

Coforge Limited allotted 9,37,96,508 equity shares at ₹1,815.91 per share on a preferential basis to Encora Holdco Limited and AI Altius Parent (Cayman) Limited. The transaction, valued at ₹17,032.60 Crore, was executed via a share swap arrangement. This issuance significantly increases the company's paid-up share capital from ₹67.17 Crore to ₹85.93 Crore.

Value

₹17,033 Cr

Coforge Board Meeting Outcome

Coforge Limited's board approved a $550 million (₹5115.00 Crore) loan facility to fund the acquisition of Encora entities. The company also allotted 9,37,96,508 equity shares on a preferential basis to Encora Holdco and AI Altius Parent for ₹17,032.60 Crore. Additionally, Shweta Jalan and Atin Hirachand Jain were appointed as Additional Directors.

Value

₹5,115 Cr

Execution

3 years

Coforge Product Launch

Coforge launched two AI-native solutions, Voyager.AI and Flightflex.AI, designed for the airline industry. Voyager.AI focuses on real-time personalized passenger engagement, while Flightflex.AI addresses disruption recovery management. These purpose-built solutions aim to enhance customer experience and operational efficiency for airlines worldwide.

Coforge Management Change

Coforge Limited announced the resignations of Anup Kumar (EVP & Head M&A) and Manish Hemrajani (Head of Investors Relations), effective April 17, 2026. Both executives are leaving to pursue other opportunities. This leadership change follows a successful period of acquisitions and revenue scaling under their tenure.

Coforge Employee Stock Options

Coforge Limited has allotted 39,681 equity shares following the exercise of options under its Employee Stock Option scheme. This issuance increases the company's total paid-up share capital from 335,810,937 to 335,850,618 equity shares.

Coforge Employee Stock Options

Coforge Limited allotted 39,681 equity shares on April 15, 2026, under its ESOP Scheme (2005). Consequently, the company's total paid-up share capital increased to 33,58,50,618 equity shares. The company is now completing listing and trading approval formalities with the exchanges.