Coforge shares go ex-split tomorrow, last day to buy for 1:5 stock split eligibility
[hfe_template id='11223']
[ad_1]
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. 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. The record date is the cut-off date to determine which shareholders are entitled to receive the corporate benefit, in this case,...