Investors looking to benefit from Coforge Ltd.’s 1:5 stock split must purchase shares by June 3, 2025, as the stock will begin trading on an ex-split basis from June 4, 2025.
Stock Split Details & Eligibility
Coforge has announced its first-ever stock split, where each existing equity share with a face value of ₹10 will be split into five shares with a face value of ₹2 each.
- Record Date: June 4, 2025
- Ex-Split Date: June 4, 2025
- Last Day to Buy for Eligibility: June 3, 2025
Only shareholders whose names appear in the company’s records as of the record date will receive the subdivided shares.
Market Impact & Trading Adjustments
From June 4 onward, Coforge’s share price will reflect the adjusted value post-split, meaning any investor purchasing shares after this date will not be entitled to the split benefit.
Stock splits are corporate actions that increase the number of shares outstanding while reducing the face value per share, with no change to the company’s overall market capitalization.
Coforge’s Growth & Future Outlook
Coforge has been expanding its presence in the IT services sector, with strong financial performance and increasing investor interest. The stock split aims to enhance liquidity and make shares more accessible to a broader investor base.
For more updates on stock market trends and corporate actions, stay tuned! 🚀
