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Coforge acquires additional 20% stake in Coforge Business Process Solutions

23 Jun 2023 Evaluate

Coforge has acquired the final tranche shares of balance 20% equity shares in Coforge Business Process Solutions (Erstwhile SLK Global Solutions) (Subsidiary Investee Company), thereby aggregating its shareholding to 80% of the total paid up share capital of Coforge Business Process Solutions.

The aggregate consideration paid by the Company for the acquisition of additional 20% of the total issued and paid up share capital of the Coforge Business Process Solutions is Rs 336.94 crore. 

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.

Peers
Company Name CMP
TCS 2083.95
Infosys 1000.95
HCL Technologies 1259.40
Wipro 164.15
Tech Mahindra 1547.00
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