ALPHA TRIBE

Coforge LimitedQIP/Rights/Pref., 26-12-2025: Preferential issue

26-12-2025 | 05:47 pm

Coforge will acquire Encora by issuing 9.38 Cr equity shares at INR 1,815.91 each to investors, valuing the equity at ~INR 17,032.60 Cr. This strategic move aims for AI engineering growth. The company may also raise up to USD 550 Mn via QIP to repay Encora's debt.

No comments yet. Be the first to comment!

All announcements from Coforge Limited