Latest news with #Coforge
News18
19 hours ago
- Business
- News18
Coforge Stock Split 2025 Record Date: Last Day To Buy Shares For Eligibility, Check Ratio
Last Updated: Coforge Stock Split 2025 Record Date: In FY25, Coforge Ltd. reported remarkable financial growth, with revenue reaching INR 12,050.7 crore (US$ 1.45 billion). Coforge Stock Split 2025 Record Date: Shares of Coforge Ltd will trade ex-date for the stock split tomorrow. The company had earlier decided to declare June 4 as the record date for determining the eligibility of shareholders who are entitled to receive the subdivided equity shares. It means June 03 is the last day to buy the shares of Coforge in order to become eligible for the proposed stock split. With T+1 settlement, shares bought on June 03 will be settled in the company's registrar on June 04. That means you become eligible for the stock split as your name would be on the company's register on June 04. The rule says your shares must be settled before or on June 04. Coforge shares were trading flat on Tuesday morning session at Rs 8,595 apiece, a day before the record date. The scrip opened at Rs 8,640 apiece, against the previous day close at Rs 8,585.50 apiece. Coforge Stock Split Ratio Coforge board approved the stock split in the ratio of 1:5, meaning that one stock with a face value of Rs 10 will be split into five stocks with a face value of Rs 2 each. Earlier, Coforge announced the interim dividends twice of Rs 19 each with different ex-dates. The first interim dividend went to ex-date on January 30, 2025, while the followed one traded ex-date on May 12, 2025. In FY25, Coforge Ltd. reported remarkable financial growth, with revenue reaching INR 12,050.7 crore (US$ 1.45 billion), marking a 32.0% YoY increase in constant currency terms, 31.5% in USD terms, and 33.8% in INR terms. The company achieved an EBITDA of INR 1,998.2 crore, up 31.7% YoY. Q4 FY25 also showed strong performance with revenue at INR 3,409.9 crore (US$ 403.5 million), showing growth of 3.4% QoQ in constant currency, 3.3% in USD terms, and 4.7% in INR terms. The EBITDA for the quarter was US$ 68 million, up 12.2% QoQ and 32.7% YoY, with an EBITDA margin of 16.9%, increasing by 134 bps QoQ. Additionally, the Board recommended an interim dividend of INR 19 per share, with the record date set for 12 May 2025. FY25 was highlighted by the signing of a US$ 1.56 billion TCV deal in Q4 and a 47.7% YoY increase in the order executable book for the next twelve months, positioning Coforge well for strong growth in FY25. The company maintained large deal momentum, signing five significant deals across North America, the UK, and APAC. The order intake for Q4 was US$ 2.1 billion, and the executable order book over the next year reached US$ 1.5 billion, up 47.7% YoY and 10.3% QoQ. Headcount increased to 33,497, with a net addition of 403 sequentially, marking a 35.5% increase since the beginning of the year. Attrition remained low at 10.9%, improving by 60 bps YoY. Coforge also launched a GenAI Center of Excellence in collaboration with ServiceNow to develop AI solutions for the financial services and travel industries. First Published: June 03, 2025, 09:49 IST
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Business Standard
19 hours ago
- Business
- Business Standard
Dividend, stock split, bonus, rights issue: TaMo, TCS & 5 others in focus
Tata Consultancy Services (TCS), Tata Motors, Coforge, and four other companies will be on investors' radar today as they will trade ex-date tomorrow, June 4, 2025. Following recent announcements regarding corporate action such as dividends, bonus issues, and rights issues, drawing attention from investors. It should be noted that the record date and ex-date for the mentioned stocks are the same. Shares trading ex-date for final dividend Inox India has declared a final dividend of ₹2 per share, Tata Motors ₹6 per share, TCS ₹30, and Seshasayee Paper and Boards ₹2.5 per share, according to corporate action data on BSE. These dividends will only be paid to shareholders who own the shares before June 4, 2025, which is the ex-dividend and record date for all four companies. Stock split Information Technology (IT) company Coforge has announced a stock split such that the existing one equity share having a face value of ₹10 will be split into five shares of ₹2 each. The company has fixed the record date for the stock split as June 4, 2025, for determining the entitlement of shareholders for the purpose of split. Bonus issue Additionally, Shalibhadra Finance is expected to be in focus as it has announced a bonus issue in the ratio of 3:1. This means that shareholders will receive 3 bonus shares for every 1 share they already hold, provided they own the shares as of the record date, which is also June 4, 2025. Rights issue Franklin Industries has announced a rights issue involving 48,20,00,000 equity shares with a face value of ₹1 each, amounting to a total issue size of ₹48,20,00,000 crore. A rights issue is a way for a company to raise additional capital by offering new shares to its existing shareholders, usually at a discounted price, in proportion to their current holdings. The ex-date marks the day a stock starts trading without the eligibility for dividends, bonus shares, stock splits, or rights issues. This means that investors who purchase the stock on or after the ex-date will not be entitled to these benefits. To be eligible, an investor must hold the stock before the ex-date. However, the final list of beneficiaries for dividends, stock splits, or rights issues is prepared by the company based on shareholders recorded at the close of the record date.
Economic Times
21 hours ago
- Business
- Economic Times
Coforge shares go ex-split tomorrow, last day to buy for 1:5 stock split eligibility
In a previous official exchange filing, the company stated that the company will sub-divide its existing equity shares in the ratio of 1:5. Coforge will split its shares. Trading will begin on an ex-split basis from June 4, 2025. June 3 is the last day to purchase shares to be eligible for the 1:5 stock split. Shareholders as of the record date will receive subdivided shares. This is Coforge's first stock split. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Coforge stock split history Shares of Coforge will begin trading on an ex-split basis from Wednesday, June 4, 2025, as the company had earlier announced that June 4 would be the record date for determining the eligibility of shareholders entitled to receive the subdivided equity shares in 1:5 today, June 3, becomes the last day for investors to purchase shares of Coforge in order to be eligible for the stock split. Only shareholders whose names appear in the company's records as of the record date will receive the benefit of the subdivided a previous official exchange filing, the company stated that the company will sub-divide its existing equity shares in the ratio of 1:5. This means that each existing equity share with a face value of Rs 10 will be split into five equity shares with a face value of Rs 2 record date is the cut-off date to determine which shareholders are entitled to receive the corporate benefit, in this case, the stock split. Shareholders who hold Coforge shares as of the end of the trading day on June 4, 2025, will be eligible for the on an ex-split basis means that from June 4 onward, the share price will reflect the adjusted value post-split, and any investor buying the stock from that day will not be entitled to the benefit of the split. Only those holding the stock as per the records on the record date will receive the subdivided 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. These actions are undertaken by companies for a variety of structural and market-related reasons, but the entitlement is strictly governed by the record date fixed by the to Trendlyne data, this is the first-ever instance of Coforge splitting its Monday, the shares of Coforge closed flat with a positive bias at Rs 8,600 on the BSE.: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Time of India
21 hours ago
- Business
- Time of India
Coforge shares go ex-split tomorrow, last day to buy for 1:5 stock split eligibility
Shares of Coforge will begin trading on an ex-split basis from Wednesday, June 4, 2025, as the company had earlier announced that June 4 would be the record date for determining the eligibility of shareholders entitled to receive the subdivided equity shares in 1:5 ratio. Therefore, today, June 3, becomes the last day for investors to purchase shares of Coforge in order to be eligible for the stock split. Only shareholders whose names appear in the company's records as of the record date will receive the benefit of the subdivided shares. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Play War Thunder now for free War Thunder Play Now Undo In a previous official exchange filing, the company stated that the company will sub-divide its existing equity shares in the ratio of 1:5. This means that each existing equity share with a face value of Rs 10 will be split into five equity shares with a face value of Rs 2 each. Play Video Pause Skip Backward Skip Forward Unmute Current Time 0:00 / Duration 0:00 Loaded : 0% 0:00 Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions settings , opens captions settings dialog captions off , selected Audio Track Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. The record date is the cut-off date to determine which shareholders are entitled to receive the corporate benefit, in this case, the stock split. Shareholders who hold Coforge shares as of the end of the trading day on June 4, 2025, will be eligible for the split. Trading on an ex-split basis means that from June 4 onward, the share price will reflect the adjusted value post-split, and any investor buying the stock from that day will not be entitled to the benefit of the split. Only those holding the stock as per the records on the record date will receive the subdivided shares. Live Events Also read: CDSL shares witness strong bullish momentum, up 60% from March lows 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. These actions are undertaken by companies for a variety of structural and market-related reasons, but the entitlement is strictly governed by the record date fixed by the company. Coforge stock split history According to Trendlyne data, this is the first-ever instance of Coforge splitting its shares. On Monday, the shares of Coforge closed flat with a positive bias at Rs 8,600 on the BSE. ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
News18
3 days ago
- Business
- News18
Dividend & Stock Split: TCS, Tata Motors, Coforge Among Shares To Trade Ex-Date This Week
Last Updated: From generous dividend payouts to bonus share issues and stock splits, several prominent Indian companies' shares are trading ex-dates for corporate actions. As we step into June 2025, a string of corporate actions is lined up that could influence investor decisions. From generous dividend payouts to bonus share issues and stock splits, several prominent Indian companies' shares are trading ex-dates for corporate actions. A dividend is a portion of a company's profits shared with its shareholders. It can be final or interim and reflects a firm's profitability and shareholder-friendly approach. A bonus issue involves offering additional shares to existing investors free of cost, typically in a set ratio, which increases shareholding without extra investment. Meanwhile, a stock split reduces the face value of a share, increasing the number of outstanding shares and improving liquidity without changing the investment value. Tata Motors has declared a final dividend of Rs 6 per share, with the ex-date set for June 4, 2025. This move indicates the company's steady financial performance and commitment to rewarding its shareholders. With an improving product mix and focus on electric mobility, Tata Motors continues to draw strong investor interest. Coforge Stock Split 2025 Coforge Ltd is slated for a stock split, where each share of face value Rs 10 will be split into five shares of Rs 2 each. This stock split will take effect from June 4, and is expected to increase the affordability and liquidity of Coforge shares in the market. The decision underlines the company's confidence in long-term growth and wider retail participation. TCS Final Dividend 2025 Tata Consultancy Services (TCS), India's IT bellwether, is distributing a final dividend of Rs 30 per share on June 4. Known for its consistent rewards to shareholders, TCS continues to show resilience and strength in its quarterly earnings, which is mirrored in this attractive dividend. Rallis India's Rs 2.5 Dividend Rallis India, a Tata Group company involved in the agriculture solutions space, will pay a final dividend of Rs 2.5 per share on June 5. This comes amid the company's growing focus on innovation and rural expansion, and aligns with its goal to enhance shareholder trust. Other Notable Dividend Announcements Several other companies are also rewarding their investors. Larsen & Toubro will pay a final dividend of Rs 34 per share on June 3. HDFC AMC leads with a hefty Rs 90 dividend on June 6. IndiaMART has not only announced a final dividend of Rs 30 but also a special dividend of Rs 20 per share, totalling Rs 50 on June 6. TAAL Enterprises will distribute an interim dividend of Rs 30, while Dr. Lal PathLabs will offer Rs 6 per share. Bonus Issues And Buybacks Two companies have announced bonus issues. Shalibhadra Finance will offer a 3:1 bonus issue on June 4, meaning shareholders will receive three extra shares for each share held. Shilchar Technologies will issue bonus shares in a 1:2 ratio on June 6. Meanwhile, SIS Ltd is planning a buyback of shares on the same day. Upcoming Bonus, Dividend, Stock Split And Buybacks Company Name Ex Date Purpose Record Date Atishay Ltd 3-Jun-25 Final Dividend – Rs. – 1.0000 3-Jun-25 Capital Infra Trus 3-Jun-25 Income Distribution (InvIT) 3-Jun-25 Larsen & Toubro Ltd 3-Jun-25 Final Dividend – Rs. – 34.0000 3-Jun-25 Nuvama Wealth Management Ltd 3-Jun-25 Interim Dividend – Rs. – 69.0000 3-Jun-25 Rajnish Wellness Ltd 3-Jun-25 Right Issue of Equity Shares 3-Jun-25 Sunshield Chemicals Ltd 3-Jun-25 Final Dividend – Rs. – 2.5000 3-Jun-25 Coforge Ltd 4-Jun-25 Stock Split From Rs.10/- to Rs.2/- 4-Jun-25 Franklin Industries Ltd 4-Jun-25 Right Issue of Equity Shares 4-Jun-25 INOX India Ltd 4-Jun-25 Final Dividend – Rs. – 2.0000 4-Jun-25 Shalibhadra Finance Ltd 4-Jun-25 Bonus issue 3:1 4-Jun-25 Seshasayee Paper and Boards Ltd 4-Jun-25 Final Dividend – Rs. – 2.5000 4-Jun-25 Tata Motors Ltd 4-Jun-25 Final Dividend – Rs. – 6.0000 4-Jun-25 Tata Consultancy Services Ltd 4-Jun-25 Final Dividend – Rs. – 30.0000 4-Jun-25 Jindal Saw Ltd 5-Jun-25 Final Dividend – Rs. – 2.0000 5-Jun-25 Rallis India Ltd 5-Jun-25 Final Dividend – Rs. – 2.5000 5-Jun-25 Bank of Baroda 6-Jun-25 Final Dividend – Rs. – 8.3500 6-Jun-25 Container Corporation of India Ltd 6-Jun-25 Final Dividend – Rs. – 2.0000 6-Jun-25 East India Drums and Barrels Manufacturing Ltd 6-Jun-25 Interim Dividend 6-Jun-25 HDFC Asset Management Company Ltd 6-Jun-25 Final Dividend – Rs. – 90.0000 6-Jun-25 High Energy Batteries India Ltd 6-Jun-25 Final Dividend – Rs. – 3.0000 6-Jun-25 IndiaMART InterMESH Ltd 6-Jun-25 Final Dividend – Rs. – 30.0000 6-Jun-25 IndiaMART InterMESH Ltd 6-Jun-25 Special Dividend – Rs. – 20.0000 6-Jun-25 JSW Energy Ltd 6-Jun-25 Final Dividend – Rs. – 2.0000 6-Jun-25 Dr. Lal PathLabs Ltd 6-Jun-25 Final Dividend – Rs. – 6.0000 6-Jun-25 L&T Technology Services Ltd 6-Jun-25 Final Dividend – Rs. – 38.0000 6-Jun-25 Maithan Alloys Ltd 6-Jun-25 Interim Dividend – Rs. – 7.0000 6-Jun-25 Nicco Parks & Resorts Ltd-$ 6-Jun-25 Interim Dividend – Rs. – 0.4000 6-Jun-25 QGO Finance Ltd 6-Jun-25 Interim Dividend – Rs. – 0.1500 6-Jun-25 Shilchar Technologies Ltd 6-Jun-25 Bonus issue 1:2 6-Jun-25 SIS Ltd 6-Jun-25 Buy Back of Shares 6-Jun-25 Som Datt Finance Corporation Ltd 6-Jun-25 Right Issue of Equity Shares 6-Jun-25 TAAL Enterprises Ltd 6-Jun-25 Interim Dividend – Rs. – 30.0000 6-Jun-25 Tata Steel Ltd 6-Jun-25 Final Dividend – Rs. – 3.6000 6-Jun-25 Technocraft Industries (India) Ltd 6-Jun-25 Interim Dividend – Rs. – 20.0000 6-Jun-25 Toss The Coin Ltd 6-Jun-25 Interim Dividend – Rs. – 0.5000 6-Jun-25 Disclaimer: The views and investment tips by experts in this report are their own and not those of the website or its management. Users are advised to check with certified experts before taking any investment decisions. About the Author Varun Yadav Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian More Stay updated with all the latest news on the Stock Market, including market trends, Sensex and Nifty updates, top gainers and losers, and expert analysis. Get real-time insights, financial reports, and investment strategies—only on News18. Location : New Delhi, India, India First Published: June 01, 2025, 11:11 IST News business » markets Dividend & Stock Split: TCS, Tata Motors, Coforge Among Shares To Trade Ex-Date This Week
