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Hot Pursuit
02-Jul-21
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Coforge board to mull fund raising on 6 July
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Coforge on Thursday announced that its board will meet on Tuesday, 6 July 2021, to consider raising funds in one or more tranches.
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In an exchange filing on Thursday, Coforge announced that the meeting of board of directors of the company is scheduled on Tuesday, 6 July 2021, to consider and approve raising of funds in one or more tranches by issuance of equity shares and/or depository receipts and/or other eligible securities.
Shares of Coforge were down 0.03% at Rs 4,196.15 on BSE today.
Coforge is a leading global IT solutions organization. Its proprietary platforms power critical business processes across the financial services and Travel industries. The IT company's consolidated net profit rose 9% to Rs 133 crore on 6% increase in net sales to Rs 1,261.50 crore in Q4 FY21 over Q3 FY20.
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