Dear Investors,
We would like to inform you about a corporate action announced by Coforge Limited regarding the sub-division (stock split) of its equity shares. Below are the key details and implications for shareholders.
Corporate Action Details
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Type of Corporate Action: Stock Split (Sub-division of Shares)
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Split Ratio: 1:5 (Each equity share of face value ₹10 is split into 5 equity shares of face value ₹2 each)
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Record Date: 4th June 2025
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Ex-Split Date: 4th June 2025
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Effective Date: 4th June 2025
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Eligibility: Shareholders holding shares of Coforge Ltd in their demat account as of the record date
Example: Impact on Shareholding
Assume you hold 100 shares of Coforge Ltd before the record date.
| Before Stock Split | After Stock Split (1:5) | |
|---|---|---|
| Number of Shares | 100 | 500 |
| Market Price (Assumed) | ₹6,000 | ₹1,200 (approx., price adjusted) |
| Total Value | ₹6,00,000 | ₹6,00,000 |
Note: A stock split increases the number of shares while proportionally reducing the share price. Your total investment value remains unchanged immediately after the corporate action.
Credit Timeline
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The stock split will be reflected in your demat account on T+1, where T is the record date (4th June 2025).
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Trading of the split shares is expected to begin from T+2, subject to listing confirmation by the exchange.
(This is subject to exchange circular.)
Portfolio Impact
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Your share quantity will increase, and the market price per share will adjust downward to reflect the split.
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No action is required from your end. Your demat account will be automatically updated.
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Your 5paisa portfolio will reflect the new holdings and the adjusted average cost price.
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This corporate action is neutral in terms of immediate investment value.
Happy Investing,
Team 5paisa