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Board Meeting Outcome

Coforge Board Meeting Outcome

Coforge Limited's board approved a $550 million (₹5115.00 Crore) loan facility to fund the acquisition of Encora entities. The company also allotted 9,37,96,508 equity shares on a preferential basis to Encora Holdco and AI Altius Parent for ₹17,032.60 Crore. Additionally, Shweta Jalan and Atin Hirachand Jain were appointed as Additional Directors.

Key figures
Value₹5,115 Cr
Execution period3 years
Source

NSE filing, NSE: COFORGE. Summary written from the filing by ALFA Finder's alert engine.

Read the filing ↗

Coforge Ltd: key numbers

Share price
₹1,961.90
Market cap
₹86,920 Cr
Revenue (annual)
₹16,403 Cr
Net profit (annual)
₹1,556 Cr
P/E (TTM)
44.1×Sector 22.9×
Promoter holding
0.00%+0.00% QoQ
FII holding
24.75%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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09:53 IST BSE
Partnership

Coforge Partnership

Coforge announces a community partnership with Chippenham RFC in UK to support rugby, cricket, and local community development. No financial commitment is disclosed in the announcement.

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