Coforge Limited has successfully completed a preferential issue of equity shares on a private placement basis. Following an agreement dated 26 December 2025, the company allotted a total of 9,37,96,508 equity shares to Encora Holdco Ltd and AI Altius Parent (Cayman) Limited. This strategic infusion of capital, effective 23 April 2026, has increased the total equity share capital of the company to INR 85,92,94,252/-, divided into 42,96,47,126 equity shares.
Details of the Preferential Allotment
Coforge Limited has finalized the issuance of equity shares through a private placement route. On 23 April 2026, the company issued shares to two primary investors, Encora Holdco Ltd and AI Altius Parent (Cayman) Limited. This move is in accordance with the share subscription and purchase agreement originally signed on 26 December 2025.
Breakdown of Shareholding
The allotment involves a combined total of 9,37,96,508 equity shares, representing a 21.83% stake in the company’s post-allotment paid-up equity capital. The specific allocations are as follows:
- Encora Holdco Ltd: Received 3,68,96,613 equity shares, accounting for 8.59% of the total paid-up capital.
- AI Altius Parent (Cayman) Limited: Received 5,68,99,895 equity shares, accounting for 13.24% of the total paid-up capital.
Impact on Equity Capital
As a result of this preferential allotment, the company’s equity structure has expanded. The total equity share capital has increased from INR 67,17,01,236/- (comprising 33,58,50,618 shares) to INR 85,92,94,252/- (comprising 42,96,47,126 shares). Each share carries a face value of INR 2/-. This capital expansion reflects the company’s commitment to strengthening its balance sheet for future operational requirements.
Source: BSE
