Coforge Shares Go Ex-Split from June 4: Last Day to Buy for 1:5 Stock Split Eligibility

Investors eyeing Coforge shares should note that today, June 3, 2025, is the last day to buy shares to be eligible for the company’s upcoming 1:5 stock split.

From Wednesday, June 4, 2025, Coforge shares will begin trading on an ex-split basis, as per the company's earlier announcement. This means that only those shareholders who own Coforge shares as of the record date (June 4) will receive the benefit of the stock split.

What is the Stock Split?

Coforge will sub-divide each of its equity shares in the ratio of 1:5. This means:

• One share of face value ₹10 will be split into five shares of ₹2 each.

• There is no change in the total value of investment or the company’s market capitalization.

The record date, June 4, is used to determine which shareholders are eligible for the benefit. Anyone purchasing shares on or after June 4 will not be eligible for the split.

What Does "Ex-Split" Mean?

When a stock goes ex-split, it means the stock starts trading at its new adjusted price, post-split. In Coforge's case, from June 4, the stock price will reflect the reduced face value and increased number of shares.

For example, if a shareholder owns 1 share worth ₹8,600 (closing price on June 2), after the split, they will have 5 shares worth approximately ₹1,720 each, keeping the total investment value unchanged.

Why Do Companies Split Stocks?

Stock splits are a common practice to:

• Make shares more affordable for retail investors.

• Increase liquidity.

• Attract more trading activity.

Despite the stock split, the overall value of a shareholder’s investment remains the same.

A First for Coforge

According to Trendlyne data, this is the first time Coforge is splitting its shares. On Monday, June 2, 2025, Coforge shares closed slightly higher at ₹8,600 on the Bombay Stock Exchange (BSE).