Coforge Ltd.

Coforge’s wholly owned subsidiary -- Coforge Inc. is all set to enter into a Stock Purchase agreement with Xceltrait Inc. and its stockholders (Stock Purchase Agreement) to acquire all of the outstanding shares of capital stock of Xceltrait Inc. (Proposed Transaction) and completion of closing conditions and closing deliveries as per the Stock Purchase Agreement.

The Proposed Transaction is expected to be completed by February 28, 2025 (or such other date as may have been agreed by Coforge Inc. and the Target Company), subject to the terms and conditions set out in the Stock Purchase agreement.

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.