Pursuant to Regulation 30 and other applicable provisions of the SEBI Listing Regulations, Coforge has informed that: (a) The Company, through its wholly owned subsidiary, Coforge Inc., has agreed to enter into a stock purchase agreement with Rythmos Inc. and its stockholders(‘Stock Purchase Agreement’) to acquire all of the outstanding shares of capital stock of Rythmos Inc. (‘Rythmos Transaction’), subject to completion of closing conditions and closing deliverables as per the Stock Purchase Agreement; and (b) The Company, through its wholly-owned step-down subsidiary, Coforge Technologies Australia Pty, has agreed to enter into a share sale agreement with TMLabs Pty and its shareholders (‘Share Sale Agreement’) to acquire all of the outstanding shares of TMLabs Pty (‘TMLabs Transaction’), subject to completion of closing conditions and closing deliverables as per the Share Sale Agreement. Further the details required to be disclosed in terms of Regulation 30 of SEBI Listing Regulations read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated July 13, 2023 are enclosed as Annexure A (Details of the Rythmos Transaction) and Annexure B (Details of the TMLabs Transaction).
The above information is a part of company’s filings submitted to BSE.