Coforge Limited has informed the Exchange about Issuance of Equity Shares of the Company on a Preferential Basis pursuant to a Share Swap Arrangement

Coforge Limited has informed the stock exchange that it is issuing equity shares on a preferential basis as part of a share swap arrangement. In a share swap, the company pays for an acquisition by giving its own shares to the seller instead of cash. The announcement confirms the share issuance has been initiated, but does not disclose the name of the target entity, the deal size, or the swap ratio. Retail investors should look for a follow-up disclosure detailing the target company and valuation.