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Coforge Clarifies Investor Board Representation Rights in Postal Ballot Update

Story Highlights
  • Coforge clarified changes to investor director-appointment rights linked to shareholding thresholds.
  • The company confirmed original intent remains intact and that new thresholds apply broadly beyond secondary transfers.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Coforge Clarifies Investor Board Representation Rights in Postal Ballot Update

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Coforge Limited ( (IN:COFORGE) ) just unveiled an update.

Coforge Limited has issued a clarification to the stock exchanges regarding the wording in the explanatory statement of its December 26, 2025 postal ballot notice, specifically concerning the rights of certain investors and sellers to appoint directors to the company’s board and key committees. The company has clarified that investors’ board representation will reduce to one director, who will also sit on the audit committee, if their aggregate holding falls below 15% of the share capital, and all such rights will cease if their holding falls below 5%; it further emphasized that these threshold-related changes apply more broadly and are not confined only to secondary share transfers, while confirming that the substance and intent of the original communication remains unchanged.

More about Coforge Limited

Coforge Limited is an India-based global IT services and consulting company that provides technology solutions and digital services to clients across multiple sectors. Listed on both the BSE and NSE, it focuses on delivering specialized IT offerings and maintains a significant presence in key Indian technology hubs such as Greater Noida and Gurugram.

Average Trading Volume: 70,628

Technical Sentiment Signal: Buy

Current Market Cap: 568.7B INR

Find detailed analytics on COFORGE stock on TipRanks’ Stock Analysis page.

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