ALPHA TRIBE

Coforge LimitedBoard Meeting, 26-12-2025: Outcome of Board Meeting

26-12-2025 | 05:22 pm

Coforge's Board approved acquiring Encora for ~INR 17,032.60 Cr via share swap, issuing 9.38 Cr new shares at INR 1,815.91 each. This aims to boost AI-led engineering services. Also approved raising up to USD 550 Mn via QIP for debt retirement. Subject to approvals.

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