Description

BSE has sought clarification from Coforge Ltd regarding news articles appearing in various media channels to verify accuracy and inform investors.

Summary

BSE Limited has issued a surveillance notice seeking clarification from Coforge Ltd (Scrip Code: 532541) regarding news articles that appeared in various newspapers, websites, and television channels. The Exchange is verifying the accuracy of these news reports to inform members and investors appropriately. As of the notice date, the reply from Coforge Ltd is still awaited.

Key Points

  • BSE Surveillance Department has sought clarification from Coforge Ltd
  • Action taken to verify news articles appearing across multiple media platforms
  • Company reply is pending as of notice issuance
  • Notice issued under BSE’s surveillance function to protect investor interests
  • News article referenced appears on Moneycontrol website

Regulatory Changes

No regulatory changes introduced in this circular.

Compliance Requirements

  • Coforge Ltd is required to provide clarification to BSE regarding the news articles in question
  • Company must respond to BSE’s queries to verify accuracy of media reports

Important Dates

  • Notice Date: December 26, 2025
  • Reply Status: Awaited from Coforge Ltd

Impact Assessment

Market Impact: Medium - The circular indicates BSE is investigating news reports about Coforge Ltd, which may create uncertainty among investors until clarification is received. The pending response suggests potential material information that needs verification.

Investor Impact: Investors in Coforge Ltd should await the company’s official clarification before making investment decisions based on the news articles in question. The exchange’s proactive verification demonstrates market surveillance effectiveness.

Company Impact: Coforge Ltd is under scrutiny to provide accurate information and clarify media reports, which is part of standard disclosure and transparency requirements for listed companies.

Impact Justification

Exchange surveillance action to verify news accuracy; reply pending from company which may affect investor sentiment