Coforge Ltd - 532541 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Coforge successfully closed the Encora acquisition, funded by a $550 Mn three-year loan at 4.6% interest, with Encora financials to consolidate from May 1, 2026. This is expected to have a significant positive impact on FY'27 growth and margins due to 20-25% G&A cost synergies.
Apr 23 2026 10:04:00
Coforge Limited
Coforge successfully closed its Encora acquisition, securing a $550 million three-year loan at 4.6% interest and canceling all QIP plans. The integration is ahead of schedule, with Encora financials to be consolidated from May 1, 2026, targeting 20-25% G&A cost synergies.
Apr 23 2026 10:04:00
Coforge Limited
Coforge board approved the appointment of Ms. Shweta Jalan and Mr. Atin Hirachand Jain as Non-Executive Non-Independent Directors. Both appointees are associated with Advent Private Equity, bringing significant investment expertise to the board. The appointments are effective April 23, 2026.
Apr 23 2026 09:04:00
Coforge Limited
Coforge allotted 9.38 crore equity shares for ₹17,032 crores via a preferential issue. This was part of a share swap arrangement, with shares allotted to Encora Holdco and AI Altius Parent.
Apr 23 2026 09:04:00
Coforge Limited
Coforge allotted 9.38 crore equity shares for ₹17,032 crores via a preferential issue. This was part of a share swap arrangement, with shares allotted to Encora Holdco and AI Altius Parent.
Apr 23 2026 09:04:00
Coforge Ltd - 532541 - Creation Of Hypothecate/Mortgage/ Pledge And/Or Create Charge Required To Secure The Loan Facility Of Up To USD 550 Million
Coforge board approved a USD 550 million loan facility at a 4.6% fixed interest rate for the Encora acquisition. The company also issued 9.38 crore preferential shares worth ₹1,703.26 crore to Encora Holdco and AI Altius Parent.
Apr 23 2026 08:04:00
Coforge Ltd - 532541 - Infusion Of Funds And Subscription To Shares Of Encora US Holdco, Inc. ('Company 1') And Encora Holdings Limited
Coforge board approved a USD 550 million loan facility at a 4.6% fixed interest rate for the Encora acquisition. The company also issued 9.38 crore preferential shares worth ₹1,703.26 crore to Encora Holdco and AI Altius Parent.
Apr 23 2026 08:04:00
Coforge Ltd - 532541 - Announcement under Regulation 30 (LODR)-Memorandum of Understanding /Agreements
Coforge board approved a USD 550 million loan facility at a 4.6% fixed interest rate for the Encora acquisition. The company also issued 9.38 crore preferential shares worth ₹1,703.26 crore to Encora Holdco and AI Altius Parent.
Apr 23 2026 07:04:00
Coforge Limited
Coforge board approved a USD 550 million loan facility at a 4.6% fixed interest rate to fund the Encora acquisition. The company also completed the preferential allotment of 9.38 crore shares for ₹17,032.60 crores, and appointed two new non-executive directors.
Apr 23 2026 07:04:00
Coforge Limited
Coforge board approved a USD 550 million loan facility at a 4.6% fixed interest rate to fund the Encora acquisition. The company also completed the preferential allotment of 9.38 crore shares for ₹17,032.60 crores, and appointed two new non-executive directors.
Apr 23 2026 07:04:00
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