Coforge shares in focus as board to consider stock split today
Coforge shares will be in focus on Tuesday, March 4, as the company’s board meets to evaluate a proposal for altering its share capital through a stock split or subdivision of its existing equity shares with a face value of Rs 10 each.
«The meeting of the Board of Directors of the company is scheduled to be held on Tuesday, March 04, 2025, inter alia, to consider the proposal for altering the share capital of the company by subdivision/split of the existing equity shares of face value Rs 10/- each, fully paid-up, in such a manner as may be determined by the Board of Directors, subject to the approval of the shareholders and any approvals, as may be required under applicable law,» the company said in an exchange filing.
The Board will determine the final structure of the split. In compliance with regulations, the company has closed its trading window for designated persons and their immediate relatives.
A stock split typically aims to make shares more affordable and increase market liquidity.
Also Read:Stocks in news: Paytm, RBL Bank, REC, ASK Automotive, Intellect Design
Stock Trading
Maximise Returns by Investing in the Right Companies
By — The Economic Times, Get Certified By India's Top Business News Brand
Stock Trading
Renko Chart Patterns Made Easy
By — Kaushik Akiwatkar, Derivative Trader and Investor
Stock Trading
Candlesticks Made Easy: Candlestick Pattern Course
By — elearnmarkets, Financial Education by StockEdge
Stock Trading
Dow Theory Made Easy
By — Vishal Mehta, Independent Systematic Trader
Stock