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Coforge Limited ( (IN:COFORGE) ) has issued an update.
Coforge Limited has issued a correction to its earlier disclosure on a proposed preferential issue of equity shares, specifically revising the post-merger shareholding figures for investors Encora Holdco Ltd. (UK) and AI Altius Parent (Cayman) Limited. While the pre-preferential and post-preferential (pre-merger) holdings remain unchanged, the company has adjusted the post-merger number of shares for both investors, clarifying that each will hold the same number of shares post-merger as in the pre-merger scenario, resulting in stake percentages of 8.36% and 12.89% respectively, with all other details of the original board outcome remaining intact.
More about Coforge Limited
Coforge Limited is an India-headquartered information technology services company, operating through facilities in Special Economic Zones and corporate offices in Greater Noida and Gurugram. Listed on both BSE and NSE, it provides IT and digital services to global clients, positioning itself within the broader technology and outsourcing industry.
Average Trading Volume: 61,084
Technical Sentiment Signal: Strong Buy
Current Market Cap: 582.1B INR
For detailed information about COFORGE stock, go to TipRanks’ Stock Analysis page.