Coforge Ltd

Fund Raise

Coforge Fund Raise

Coforge Limited allotted 1,26,71,602 equity shares to Cigniti Technologies shareholders following their merger. This completes a key milestone in the amalgamation process.

Fund Raise

Coforge Fund Raise

Coforge Limited allotted 3,68,96,613 and 5,68,99,895 equity shares to Encora Holdco Ltd and AI Altius Parent (Cayman) Limited, respectively. The allotment, totaling 21.83% of post-issue capital, was conducted via a preferential issue on April 23, 2026.

Fund Raise

Coforge Fund Raise of ₹17,033 Cr

Coforge Limited allotted 9,37,96,508 equity shares at ₹1,815.91 per share on a preferential basis to Encora Holdco Limited and AI Altius Parent (Cayman) Limited. The transaction, valued at ₹17,032.60 Crore, was executed via a share swap arrangement. This issuance significantly increases the company's paid-up share capital from ₹67.17 Crore to ₹85.93 Crore.

Value

₹17,033 Cr

Fund Raise

Coforge Fund Raise of ₹17,033 Cr

Coforge Limited received in-principle approval for a preferential issue of 93,796,508 equity shares at INR 1,815.91 per share, totaling ₹17,032.60 Crore. The issuance supports the Encora acquisition, with closing formalities expected within 15 days. This milestone completes the regulatory review process for the transaction.

Value

₹17,033 Cr

Execution

15 days