Coforge Allots 14,711 Equity Shares Under ESOP

Coforge Allots 14,711 Equity Shares Under ESOP

The Company has received Share Application Money on account of the said allotment aggregating to Rs. 1,47,110.

FPJ Web DeskUpdated: Tuesday, November 21, 2023, 01:25 PM IST
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Coforge Allots 14,711 Equity Shares Under ESOP | File photo

Coforge Limited on Tuesday announced that the ESOP Allotment Committee has approved the allotment of 14,711 equity shares on November 21, 2023, having face value of Rs 10 each on exercise of options under Employee Stock Option Plan of the Company, the company announced through an exchange filing.

The face value of the equity shares is Rs 10 each.

The Company has received Share Application Money on account of the said allotment aggregating to Rs. 1,47,110.

Consequent to the said allotment the paid-up share capital of the Company has gone up to 6,16,09,175 equity shares of face value of Rs 10 each aggregating to Rs. 61,60,91,750.

We are in process of completing other formalities w.r.t issue and listing of the said shares and will file the necessary documents with the exchange shortly for seeking the listing and trading approvals, the company said in the regulatory filing.

Coforge Limited shares

The shares of Coforge Limited on Tuesday at 1:22 pm IST were at Rs 5,662.80, down by 0.80 percent.

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