Coforge approves to raise up to Rs 375 crore via depository receipts or QIP


Coforge board approved the fresh issuance of equity shares by the company for the purpose of capital raising including by way of a depository receipts issue or a Qualified Institutions Placement or any other mode subject to a limit of an amount not exceeding Rs 3,750 million.

Coforge was quoting at Rs 4,161.75, down Rs 57.65, or 1.37 percent on the BSE.

News source:- Moneycontrol

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