Coforge Limited has allotted 17,695 equity shares under its Employee Stock Option Plan (2005) on February 16, 2026. This allotment increases the company's paid-up share capital to 33,58,00,217 equity shares with a face value of Rs. 2/- each, totaling Rs. 67,16,00,434. The company is completing formalities for listing these shares and will file necessary documents with stock exchanges for trading approvals.
Coforge Limited Allots 17,695 Shares Under Employee Stock Option Plan
Coforge Limited has announced the allotment of 17,695 equity shares under its Employee Stock Option Plan (ESOP) 2005. The ESOP Allotment Committee approved this allotment on February 16, 2026, marking another step in the company's employee incentive program.
Share Capital Update
Following the allotment of these shares, Coforge's capital structure has been updated as detailed below:
Parameter: Details Shares Allotted: 17,695 equity shares Face Value per Share: Rs. 2/- Total Paid-up Share Capital: 33,58,00,217 equity shares Aggregate Value: Rs. 67,16,00,434 ESOP Scheme: Employee Stock Option Plan (2005)
Regulatory Compliance and Next Steps
The company has informed both BSE Limited and the National Stock Exchange of India Limited about this allotment through formal intimation letters. Coforge is currently in the process of completing other formalities related to the issue and listing of the newly allotted shares.
The company will file the necessary documents with the stock exchanges shortly to seek listing and trading approvals for these shares. This process ensures that the newly allotted shares can be traded on the exchanges once all regulatory requirements are fulfilled.
ESOP Implementation
The allotment represents the execution of the company's Employee Stock Option Plan established in 2005. This scheme allows eligible employees to acquire equity shares of the company, aligning employee interests with shareholder value creation.
The intimation was signed by Barkha Sharma, Company Secretary & Compliance Officer, ensuring proper corporate governance and regulatory compliance in the share allotment process.
Coforge Limited has achieved recognition as a Leader in the ISG Provider Lens 2025 Multi Public Cloud Services report for both the United States and United Kingdom regions. The global digital services and solutions provider secured leadership positioning in two critical categories: Consulting and Transformation Services – Midmarket and Managed Services – Midmarket quadrants.
Recognition Details and Evaluation Scope
The comprehensive ISG Provider Lens 2025 report evaluated over 63 providers across multiple categories and regions. Coforge's leadership positioning reflects its strong performance in several key areas including AI-native cloud operations, platform engineering capabilities, and industry-specific transformation services.
Recognition Category: Details Report: ISG Provider Lens 2025 Multi Public Cloud Services Regions: United States and United Kingdom Categories: Consulting & Transformation Services – Midmarket Managed Services – Midmarket Providers Evaluated: 63+ Date: January 29, 2026
Key Strengths and Capabilities
Coforge's leadership positioning stems from its deep domain expertise and ability to combine consulting-led transformation with cloud-native engineering approaches. The company leverages a comprehensive portfolio of industry accelerators alongside open-source delivery platforms and execution models, enabling midmarket enterprises to modernize at scale with improved reliability and stronger business outcome alignment.
Shashank Rajmane, Principal Analyst at ISG for the US region, noted that "Coforge is rapidly growing its public cloud services portfolio by combining vertical IP with AI-native cloudOps to deliver outcome-tied transformations across AWS, Azure and Google Cloud. Its EvolveOps.AI and its open-source platform-engineering approach ensure alignment with client objectives and maximize ROI."
EvolveOps.AI Platform Recognition
The report specifically recognized Coforge's EvolveOps.AI platform for enabling autonomous cloud operations through advanced technological capabilities. The platform incorporates several cutting-edge features that strengthen operational resilience across major cloud environments:
Knowledge graphs for enhanced data relationships
Multimodal AI capabilities
Policy-as-code implementation
Self-healing runbooks for automated problem resolution
Predictive incident management systems
These capabilities deliver measurable improvements in Mean Time to Recovery (MTTR), cost efficiency, and financial governance through Coforge's integrated FinOps-as-a-Service model across AWS, Microsoft Azure, and Google Cloud environments.
Industry Expert Commentary
Meenakshi Srivastava, Lead Analyst at ISG for the UK region, emphasized that "Coforge combines AI-native automation with deep industry expertise and outcome-based engagement models to deliver secure, optimised cloud transformations that accelerate business value and ensure measurable ROI across sectors such as financial services, healthcare, and travel."
Ashish Kumar, Global Business Unit Head – Cloud, AI Infra, Security & ServiceNow at Coforge, expressed satisfaction with the recognition, stating: "We are pleased to be recognized as a Leader by ISG. This underscores our commitment to designing and operating cloud environments that are engineered for resilience, performance and value. Our investments in AI-native platforms, cloud modernization and industry-specific IP enable us to deliver transformation programs that are predictable, secure and strongly aligned to our clients' business objectives."
Strategic Focus and Future Direction
Coforge continues to strengthen its cloud, data, and AI capabilities through an engineering-led approach to transformation and automation-first operations. This strategic focus enables enterprises to accelerate their modernization initiatives while achieving sustained operational excellence across their cloud infrastructure and services.
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