Motilal Oswal Mutual Fund has reported a minor reduction in its shareholding of Coforge Ltd. The divestment, carried out through open market transactions, involved the sale of 55 equity shares. Following this transaction on April 30, 2026, the mutual fund’s collective stake in the IT company remains stable at approximately 6.0080%. This adjustment reflects standard portfolio management activities by the various schemes managed by the fund house.
Details of the Divestment
In a recent disclosure, Motilal Oswal Asset Management Company Limited confirmed that schemes under its management have executed a sale of 55 equity shares of Coforge Ltd. The disposal was conducted via market transactions, representing a marginal change of 0.0001% in the total shareholding of the company.
Shareholding Post-Transaction
Prior to this disposal, the various schemes of Motilal Oswal Mutual Fund held a total of 2,58,13,477 shares, accounting for 6.0080% of the target company’s equity. After the transaction concluded on April 30, 2026, the remaining holding stands at 2,58,13,532 shares (noting the adjusted post-disposal figure reported in the official filing), which continues to represent 6.0080% of the total voting capital of the firm.
Company Fundamentals
The total equity share capital of Coforge Ltd remains unchanged at 42,96,47,126 shares, with a face value of Rs. 2 per share. The management of the schemes, including the Motilal Oswal Midcap Fund, Flexi Cap Fund, and several Index and ETF offerings, maintains this significant position as part of their diversified investment strategy in the IT services sector.
Source: BSE
