Each share will have a face value of Rs 10
Coforge, an IT company, has allotted 19,179 equity shares to its employees on 3 December 2023. This decision from its ESOP Allotment Committee is a part of its Employee Stock Option Plan.
Each share will have a face value of Rs 10, as stated in an exchange filing by the company. Furthermore, the company stated that it is currently in the process of fulfilling additional formalities related to the issuance and listing of the mentioned shares.
Source: HR Katha