Coforge Ltd Declares Interim Dividend of Rs 13

Coforge Ltd Declares Rs 13 Interim Dividend for Q2FY22

The Board of Directors of Coforge Ltd (COFORGE) held its meeting on 25 October 2021. It has declared Interim Dividend of Rs 13 per equity share for the financial year 2021-22.

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Coforge Ltd Q2FY22 Result

The company said its consolidated net profit has increased by 21.6 per cent to Rs 146.7 crore for the September 2021 quarter. The company had posted a net profit of Rs 120.7 crore in the second quarter of FY21. Its consolidated gross revenue rose 36 per cent to Rs 1,569.4 crore.

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Coforge Ltd Dividend Record Date

The company in its letter has informed the exchanges that it has fixed 8 November 2021 as the Record date. Consequently, the declared dividend will be paid to those members who hold shares in physical form or in electronic form and whose names appear in the Register of Members of the Company on Record Date.

Moreover, to receive dividend, you must have shares in your demat account on record date. Hence, you should buy shares before ex-dividend date. Note – In conclusion, if you buy shares on ex-dividend date, you will not be eligible to receive dividend. Bookmark our website for latest and upcoming dividend announced by companies in 2021.

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Above all, here is the copy of statement, the company has sent to the exchanges:

Further to our letter dated October 17, 2021 intimating you about the meeting of the Board of Directors of Company, we wish to inform you that the Board has declared Second interim dividend of Rs. 13/- (Rupees Thirteen only) per Equity Share of the Company the face value of Rs. 10/- each fully paid-up, for the financial year 2021-22.

Important Dates

  • Company – Coforge Ltd
  • Script Name – COFORGE (NSE) and 532541 (BSE)
  • Dividend Amount – 13 Rs Per Share
  • Dividend Type – Interim
  • Ex-Dividend Date – 3 November 2021
  • Record Date – 8 November 2021
  • Payment Date – 24 November 2021

Also, you can find more information about Coforge Limited on National Stock Exchange and Moneycontrol – Coforge is an Indian multi national IT company engaged in application development and maintenance, managed services, cloud computing and business process outsourcing to organizations in the financial services, insurance, travel, transportation and logistics, manufacturing and distribution and government sectors.

 

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