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Coforge gets nod to raise Rs 340 crore through bonds

17 Apr 2021 Evaluate

Coforge has received approval from board of directors to raise Rs 340 crore through allotment of 3400 Listed, Rated, Redeemable Non-Convertible Bonds of face value of Rs 10 lakh each on Private Placement Basis. The Board of Directors of the Company at its meeting held today i.e. April 17, 2021, considered and approved the same.

Coforge was earlier known as NIIT Technologies.

Peers
Company Name CMP
TCS 2498.05
Infosys 1180.65
HCL Technologies 1438.60
Wipro 197.70
Tech Mahindra 1830.00
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