SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Coforge gets nod to raise up to Rs 375 crore through various instruments

06 Jul 2021 Evaluate

Coforge has received approval from board to raise up to Rs 375 crore through various instruments. The board has approved subject to applicable laws and receipt of shareholders and other necessary approvals 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 (QIP) or any other mode, subject to a limit of an amount not exceeding Rs 375 crore.

It has received board approval to raise funds through QIPs or to undertake an issuance of depository receipts (American Depository Receipts or Global Depository Receipts) in one or more tranches through a transfer of existing equity shares by eligible shareholders.

Coforge (Formerly known as NIIT Technologies) is a leading global IT solutions organization, enabling its clients to transform at intersect of unparalleled domain expertise and emerging technologies to achieve real-world business impact.

Coforge Share Price

1246.80 -46.15 (-3.57%)
22-Apr-2026 10:03 View Price Chart
Peers
Company Name CMP
TCS 2568.00
Infosys 1274.80
HCL Tech. 1310.90
Wipro 204.20
Tech Mahindra 1458.30
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×