Coforge Limited has intimated the stock exchanges about the grant of employee stock options approved by its Nomination and Remuneration Committee.

Approval Details

The grant was approved through a resolution passed by the Nomination and Remuneration Committee on June 16, 2026.

Grant Details

The company made seven separate grants (Grant 168 through Grant 176) totaling 703,500 options:

  • Grant 168: 265,000 options
  • Grant 169: Number not specified in available data
  • Grant 170: 61,000 options
  • Grant 171: Number not specified in available data
  • Grant 172: 50,000 options
  • Grant 173: 190,000 options
  • Grant 174: 130,000 options
  • Grant 175: Number not specified in available data
  • Grant 176: 4,500 options

Financial Parameters

  • Exercise Price: ₹1,391 per option for all grants

Vesting Schedule

Two distinct vesting structures were implemented:

Performance-based vesting for Grants 168-171, 175-176:

  • Options determined based on performance for FY27 and FY28: 100% vesting on July 31, 2028
  • Options determined based on performance for FY29 and FY30: 100% vesting on July 31, 2030

Performance-based vesting for Grants 172-174:

  • FY27 performance-based options: 50% on July 31, 2027 + 50% on April 1, 2028
  • FY28 performance-based options: 50% on July 31, 2028 + 50% on April 1, 2029
  • FY29 performance-based options: 50% on July 31, 2029 + 50% on April 1, 2030
  • FY30 performance-based options: 50% on July 31, 2030 + 50% on April 1, 2031

Exercise Period

Two exercise period structures:

  • For Grants 168-171, 175-176: 5 years from each vesting date or 7 years from the grant date (June 16, 2026), whichever is earlier
  • For Grants 172-174: By December 31st of the year of vesting of the options