Coforge shares came under sharp selling pressure after investor sentiment weakened ahead of a key board meeting scheduled for December 26. The company’s board is set to consider fresh fundraising proposals, raising concerns about possible equity dilution , especially as there are no large capital expenditure requirements or one-off expenses planned. Coforge is also hosting an analyst meet on the same day, adding to near-term uncertainty. While the management has reiterated its long-term guidance of reaching $2 billion in revenue by FY27 , largely through acquisitions, investors remain cautious about the structure and timing of any proposed capital raise.