Coforge Limited
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Coforge Q4 FY26 Earnings Conference Call Transcript Released
Coforge Limited released the transcript for its Q4 FY26 earnings conference call, held on May 05, 2026. The transcript is available on the company's investor relations website. This follows the Board meeting and is in compliance with SEBI regulations.
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Coforge Limited Publishes Audited Financial Results for Q4FY26 in Business Standard
Coforge Limited has published its audited financial results for the quarter and year ended March 31, 2026. The results were announced in Business Standard (English) and Business Standard (Hindi) on May 7, 2026, as per SEBI regulations.
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Coforge Q4 FY26 Earnings Conference Call Audio Transcript Available
Coforge Limited released the audio transcript for its Q4 FY26 earnings conference call held on May 05, 2026. The transcript is available on the company's investor relations website.
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Coforge sets May 16, 2026, as Record Date for Cigniti Amalgamation
Coforge Limited has set May 16, 2026, as the record date for determining eligibility of Cigniti shareholders to receive equity shares under the 1:1 amalgamation scheme. The interim dividend proposal has been deferred to a future board meeting.
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Coforge Limited Board Approves Q4 FY26 Results, Defers Dividend Amidst Amalgamation
Coforge Limited's Board approved Q4 FY26 audited results on May 5, 2026. May 16, 2026, is the record date for Cigniti's amalgamation (1:1 ratio). Dividend proposal deferred. Q4 consolidated revenue: ₹44,504 crore; FY26 consolidated revenue: ₹164,027 crore.
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Coforge FY26 Revenue Up 35.9% to ₹16,420.7 Cr; PAT Soars 91.6% to ₹1,555.7 Cr
Coforge reported FY26 revenue of ₹16,420.7 crore, up 35.9% YoY, and FY26 PAT of ₹15,557 crore, up 91.6% YoY. Q4 FY26 revenue increased 30% YoY to ₹4,450.4 crore, with PAT up 144.8% QoQ. The company expects over 20.5% EBITDA in FY27, backed by a $1.75 billion executable order book.
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Coforge Board Approves Audited FY26 Results; Sets May 16 Record Date for Amalgamation
Coforge's Board approved audited FY26 results. Consolidated revenue for Q4FY26 was ₹44,504 crore, with profit after tax at ₹6,123 crore. For FY26, revenue reached ₹164,027 crore, and profit after tax was ₹15,557 crore. May 16, 2026, is set as the Record Date for Cigniti's amalgamation with Coforge (1:1 ratio).
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Coforge completes Cigniti Technologies amalgamation; record date to be fixed May 5
Coforge Limited's amalgamation with Cigniti Technologies Limited is now effective as of May 5, 2026, following NCLT approval and ROC filing. The appointed date is April 1, 2025. Coforge's board will meet on May 5, 2026, to fix the record date for issuing new shares.
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Coforge Limited Completes Cigniti Technologies Acquisition
Coforge Limited has completed its acquisition of Cigniti Technologies, receiving final approval from the NCLT. The appointed date for the amalgamation is April 01, 2025. The combined entity aims to strengthen its AI-led Engineering, Data, and Cloud services. The acquisition is expected to drive significant revenue and margin growth.
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Coforge Recognized as Leader and Star Performer in Everest Group's Duck Creek Services PEAK Matrix® Assessment 2026
Coforge recognized as a Leader and Star Performer in Everest Group's Duck Creek Services PEAK Matrix® Assessment 2026. The award highlights sustained momentum in the Duck Creek services market, driven by AI-native engineering and specialized delivery capabilities for P&C insurance carriers. Investments in proprietary accelerators and Agentic AI-led solutions are key contributors.
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Coforge Completes Encora Acquisition, Secures $550M Loan, Cancels QIP
Coforge successfully closed the Encora acquisition, allotting shares at ₹1815.91. A $550 million loan replaced QIP plans. Encora's financials consolidate from May 1, 2026, impacting FY'27 results. Expected synergies are 20-25% on G&A. Vijay Verma joins Senior Management.
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Coforge Approves Encora Acquisition Funding, Loan Facility & Director Appointments
Coforge Limited's Board approved a second amendment to the Encora acquisition SSPA. The company will avail a USD 550 million loan facility and has completed the acquisition by allotting 9,37,96,508 equity shares worth ₹1,70,32,60,16,842. Shweta Jalan and Atin Hirachand Jain were appointed as Additional Directors.
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Coforge Approves Encora Acquisition Funding, Secures USD 550M Loan, Appoints Directors
Coforge approved a second amendment to the Encora acquisition SSPA, clarified funding, and secured a USD 550 million loan. The company allotted 9.38 crore shares valued at ₹17,032.60 crore to Encora entities. Coforge also infused USD 550 million into the target companies and appointed Shweta Jalan and Atin Jain as additional directors.
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Coforge Approves Encora Acquisition Funding, Loan Facility, and Board Appointments
Coforge Limited's Board approved a second amendment to the SSPA for the Encora acquisition, finalized the allotment of 9,37,96,508 equity shares worth ₹1,70,32,60,16,842, and secured a USD 550 million loan facility. The company also appointed Shweta Jalan and Atin Hirachand Jain as Additional Directors.
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Coforge Approves ₹17,032 Crore Share Allotment & ₹4,583 Crore Loan Facility for Encora Acquisition
Coforge Limited approved a ₹17,032 crore preferential allotment of equity shares and a ₹5,157 crore loan facility for the acquisition of Encora entities. The company also completed the acquisition and appointed Shweta Jalan and Atin Hirachand Jain as Additional Directors.
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Coforge Approves Encora Acquisition Funding, Loan Facility, and Director Appointments
Coforge Limited's Board approved a second amendment to the SSPA for the Encora acquisition and a USD 550 million loan facility. The company completed the acquisition by allotting 9.37 crore shares worth ₹17,032.60 crore and will subscribe USD 550 million to target companies. Shweta Jalan and Atin Jain were appointed as Additional Directors.
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Coforge Launches Voyager.AI and FlightFlex.AI for Airlines
Coforge has launched two new AI-native solutions, Voyager.AI and FlightFlex.AI, for airlines. Voyager.AI focuses on personalized customer offers, while FlightFlex.AI addresses disruption recovery. These solutions aim to enhance customer experience and operational efficiency.
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Coforge sees resignations of EVP & Head M&A and Head of Investor Relations
Coforge Limited announced resignations of Anup Kumar (EVP & Head M&A) and Manish Hemrajani (Head of Investor Relations). Both will cease employment on April 17, 2026. Kumar was instrumental in five acquisitions and integrating Cigniti during his tenure.
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Coforge Allots 39,681 Shares Under ESOP Scheme
Coforge Limited allotted 39,681 equity shares under its ESOP 2005 scheme on April 15, 2026. This increases the paid-up share capital to 33,58,50,618 equity shares. The company is proceeding with the listing and trading approvals.
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Coforge to Host Analyst/Investor Call on March 31, 2026 Financials on May 5
Coforge Limited will host an Analyst/Investor Conference Call on May 05, 2026, to discuss financial results for the quarter and year ended March 31, 2026. The call will feature management commentary and a Q&A session.
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Coforge Ltd. submits SEBI Regulation 74(5) Certificate for Q4 FY26
Coforge Limited submitted its SEBI Regulation 74(5) certificate for the quarter ended March 31, 2026. The certificate was provided by the registrar, MUFG Intime India Private Limited, confirming dematerialisation and processing of securities.
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Coforge Secures All Approvals for Encora Acquisition, Transaction Set to Close
Coforge Limited has secured all regulatory approvals for its Encora acquisition. The transaction is expected to close by the end of April 2026, creating a $2.5 billion (₹20,800 crore) AI-native tech services firm. Cost optimization efforts are on track to reduce G&A costs by 20-25%.
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Coforge Secures Exchange Approval for Preferential Issue, Nears Encora Acquisition Completion
Coforge received exchange approval for a preferential issue, paving the way for its Encora acquisition. The company will allot 93,796,508 equity shares at ₹1,815.91 each. Closing formalities are expected within 15 days.
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Coforge Launches AI Mod Squads: Outcome-Based Subscription Model for AI Services
Coforge launched AI Mod Squads, a subscription-based delivery model for AI services. It uses AI agents and engineers for outcome-driven pricing, replacing T&M. Early results show a 70% cycle time reduction in banking and 50% faster underwriting in insurance. The service is available immediately.
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Coforge Promotes Sunil Fernandes to Chief Operating Officer (COO)
Coforge Limited has promoted Sunil Fernandes to Chief Operating Officer (COO). Fernandes will oversee global delivery and operations, focusing on AI-native practices. He previously served as EVP - Global Delivery Head and Chief Delivery Officer. The company aims to accelerate AI adoption and enhance client outcomes.
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Coforge Partners with Solstice Innovations to Enhance P&C Insurance Modernization with AI
Coforge partners with Solstice Innovations to accelerate AI-led core insurance modernization for P&C insurers. Coforge will establish a Center of Excellence using its Forge-X AI platform to enhance client onboarding and system integration for Solstice's Equinox platform. The collaboration aims to reduce implementation costs and speed up transformations.
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Coforge Secures RBI Approval for Encora Acquisition's Overseas Investment
Coforge Limited received RBI approval for Overseas Direct Investment exceeding USD One Billion for the Encora acquisition. This follows previous approvals from the US, Australia, and shareholder votes. Other regulatory approvals are in advanced stages.
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Coforge Appoints Vivek Sharma as Independent Director for 5 Years
Coforge Limited appointed Vivek Sharma as an Additional Non-Executive Independent Director for a 5-year term starting April 1, 2026. Sharma brings expertise in AI, data science, and digital transformation, with prior experience at Kaiser Permanente, JetBlue Airways, Disney, and Yahoo.
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Coforge Board Meeting on May 5 to Approve Q4 FY26 Results, Interim Dividend
Coforge Limited's Board will meet on May 5, 2026, to approve Q4 and FY26 financial results and consider an interim dividend for FY25-26. A post-results conference call is scheduled for the same day. The trading window closes April 1, 2026.
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Coforge Limited: NCLT Reserves Order on Cigniti Technologies Amalgamation Scheme
Coforge Limited announced that the NCLT has reserved its order on the proposed amalgamation scheme of Cigniti Technologies Limited with Coforge. Statutory authorities have also given their no-objection. Further updates will be provided upon receipt of the NCLT order.
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Coforge Adopts ServiceNow AI Platform to Modernize Global Employee Experience
Coforge Limited successfully rolled out the ServiceNow AI-powered HR Service Delivery platform globally for its 35,000+ employees. The platform unifies HR processes like onboarding and performance management using AI and automation to enhance employee experience and operational efficiency.
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Coforge Limited Announces Change of RTA and Investor Fund Transfer Notice
Coforge Limited has published a notice regarding changes to its Registrar & Transfer Agent (RTA). The notice also details the transfer of equity shares to the Investor Education and Protection Fund, KYC requirements, and a special window for physical share transfer requests. This information was published in Business Standard (Hindi and English).
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Coforge Completes RTA Change to MUFG Intime India Private Limited Effective March 19, 2026
Coforge Limited has completed its transition to MUFG Intime India Private Limited as its new Registrar and Transfer Agent (RTA), effective March 19, 2026. Shareholders should direct all future RTA-related correspondence to the new agent. A special window for physical share transfer requests (pre-April 1, 2019) is open until February 4, 2027.
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Coforge Appoints Rajan Khattar as Senior Management Personnel
Coforge Limited has appointed Rajan Khattar as Senior Management Personnel, effective March 16, 2026. He joins as Executive Vice President & Business Head, bringing over 25 years of IT services and technology consulting experience.
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Coforge Wins ServiceNow Partner Award for CRM Domain Expertise in APAC
Coforge Limited received the 2026 ServiceNow Partner Award (APAC) for Domain Expertise in CRM. This award highlights their proficiency in AI-led customer experience transformation and CRM solutions on the ServiceNow AI Platform. The recognition underscores their ability to drive customer satisfaction and loyalty through innovation and expertise.
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Coforge Shareholders Approve Transaction with Over 99% Voting in Favor
Coforge Limited's postal ballot concluded on February 27, 2026, with shareholders approving the grant of special rights and covenants under an SSPA. Over 99% of votes were cast in favor of the transaction. Detailed results are available on the company and NSDL websites.
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Coforge Confirms Post-Preferential Issue Shareholding of 20.85% for Investors
Coforge Limited disclosed post-preferential issue shareholding percentages for investors. Encora Holdco Ltd. (UK) will hold 8.20% and AI Altius Parent (Cayman) Limited will hold 12.65%. This aggregates to 20.85% of the fully diluted capital, totaling 355,995,919 equity shares.
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Coforge Partners with VHC Health for Digital Transformation in Healthcare
Coforge Limited has entered a strategic partnership with VHC Health to be its Digital and IT Services provider. The collaboration focuses on transforming VHC Health's provider experience through enhanced digital infrastructure, cloud migration, and cybersecurity services. The partnership aims to improve caregiver experience and operational resilience.
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Coforge Secures $158 Million 5-Year Contract with UK Client
Coforge Limited has secured a $158 million, five-year contract with a UK-based client, commencing April 2026. The company expects ancillary revenue expansion from this client. This deal is attributed to AI-led demand for innovation and resiliency in the European market, with Coforge leveraging its AI platforms.
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Coforge Limited Receives NSE Sustainability Rating of 76 for FY25
Coforge Limited received an NSE Sustainability Rating of 76 for FY25, an 8-point increase from the previous year. The rating was independently assigned by NSE Sustainability Ratings and Analytics Limited based on public information.
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Coforge Expands CodeInsightAI with Agentic AI for Enterprise Modernization
Coforge Limited has enhanced its CodeInsightAI platform with Agentic AI capabilities for enterprise modernization. This AI-first platform automates reverse and forward engineering of legacy systems. It supports multiple programming languages and is now available on AWS and Azure Marketplace.
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Coforge to Participate in Investor Meet/Conferences in Mumbai on Feb 09, 2026
Coforge Limited will participate in an investor meet and conferences in Mumbai on February 09, 2026. The event will be in-person, featuring one-on-one and group meetings.
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Coforge Secures Early US HSR Approval for Encora Acquisition
Coforge Limited received early termination of the HSR Act waiting period in the US for its Encora acquisition. The approval was effective January 28, 2026, ahead of the expected timeline. The company is awaiting further regulatory approvals in other jurisdictions.
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Coforge Limited: Newspaper Publication on Postal Ballot & E-Voting
Coforge Limited announced the publication of a notice regarding postal ballot and remote e-voting facility for its members. The information was published in Business Standard (English and Hindi) newspapers.
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Coforge Named Leader in ISG Provider Lens 2025 Multi Public Cloud Services
Coforge Limited has been named a Leader in the ISG Provider Lens 2025 Multi Public Cloud Services report for the US and UK. The recognition covers Consulting and Transformation Services and Managed Services for the midmarket. The report highlights Coforge's AI-native cloud operations and platform engineering capabilities.
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Coforge Limited Announces Notice of Hearing for Cigniti Technologies Amalgamation
Coforge Limited is proceeding with the amalgamation of Cigniti Technologies Limited. The National Company Law Tribunal has directed a hearing on March 06, 2026, for the scheme petition. Newspaper advertisements were published on January 28, 2026.
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Coforge Board Approves Amendment to Acquisition SPA, Seeks Shareholder Nod
Coforge's Board approved an amendment to its acquisition SSPA, revising investor director nomination rights. Shareholders will vote via postal ballot from Jan 29 to Feb 27, 2026, on granting special rights, including director appointments, subject to shareholding thresholds. No change in company control is expected.
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Coforge Board Approves Amendment to Acquisition Agreement and Special Rights for Investors
Coforge Limited's Board approved an amendment to its acquisition agreement with Encora entities. The amendment revises director nomination rights for investors, adjusting fall-away thresholds to 10% and 15% of share capital. Shareholder approval via postal ballot is sought, with voting from January 29 to February 27, 2026.
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Coforge Shareholders Approve Key Acquisition Resolutions via Postal Ballot
Coforge Limited's postal ballot concluded on January 25, 2026. Shareholders approved increasing authorized share capital, preferential share issuance, investment limit enhancement, and capital raising. However, the resolution for special rights in the Encora acquisition failed to pass with 68.5% of votes. The company is proceeding with other acquisition requirements.
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Coforge Partners with Innovaccer to Accelerate AI in Healthcare
Coforge and Innovaccer partner to accelerate AI transformation in healthcare. They launched G-Forge, a joint initiative to help organizations scale AI and improve decision-making. Coforge will be Innovaccer's platinum implementation partner and establish a Healthcare AI Center of Excellence.
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