Coforge Akhil Kumar Gupta appointed
Coforge (COFORGE) said Akhil Kumar Gupta has been appointed. The company is valued at about ₹78,489 crore.
What happened
Coforge (COFORGE) told the exchanges on 28 September 2026 at 10:14 PM that Akhil Kumar Gupta has been appointed.
From the filing: "September 28, 2026, have approved appointment of Mr."
Company snapshot
Coforge is a mid-cap company in the Information Technology sector, with a market value of about ₹78,489 crore.
The stock last traded at ₹1,773, against a 52-week range of ₹1,008.1–₹2,021.2 (12.3% below the high).
Before this filing the shares had moved −6.2% over the month and +21.7% over three months. Average daily turnover over the last 20 sessions was about ₹430 crore.
Promoters held 0.00% at the end of Q1 FY27. Foreign institutions owned 24.31% and domestic institutions 42.62%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 3,689 | 349 | 9.47 |
| Q2 FY26 | 3,986 | 375.8 | 11.21 |
| Q3 FY26 | 4,188 | 250.2 | 7.45 |
| Q4 FY26 | 4,450 | 572.2 | 18.23 |
| Q1 FY27 | 5,528 | 518.6 | 12.34 |
What history shows
BCEIE's records show 8 previous management change filings from the company since May 2026.
After those filings, the stock fell 0.7% on average the next trading day and was down 0.8% on average after five days (7 filings with price data).
Across 49 similar disclosures by other Information Technology companies, shares moved +0.1% on average the next day and +0.2% over five days; 55% of them rose the next day.
Market-wide, 3,833 management change filings with an impact score of 50 or more saw an average next-day move of −0.1%, with 44% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 11 Sept 2026 | Resignation of Director/KMP/SMP | −3.8% | −1.8% |
| 11 Sept 2026 | Resignation of Director/KMP/SMP | −3.8% | −1.8% |
| 11 Sept 2026 | Change in Director(s) of the company. | −3.8% | −1.8% |
| 9 Sept 2026 | Resignation of Director/KMP/SMP | +0.1% | −2.8% |
| 9 Sept 2026 | Resignation of Director/KMP/SMP | +0.1% | −2.8% |
What to watch
- The appointment of a successor and any change in strategy or guidance.
- 23 October 2026: Board meeting — Financial Results.
In the news
Recent coverage elsewhere (links open the original publisher):
- Coforge shares fall over 3% as board exits weigh; FY27 guidance retained
- Coforge extends fall on chairman's exit; Jefferies sees limited impact
- Coforge Transitions AI Strategy From Features to Business Results in Hi-Tech
- Coforge shares gain 3% as company expands AI-powered vehicle inspection capabilities
- Amid board disclosure row, Coforge calls for auditable AI governance as investor concerns linger
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.