Coforge Limited's Board approved a $550 million secured loan facility to fund its acquisition of Encora US Holdco and Encora Holdings.
The company completed the acquisition by allotting 9.38 crore equity shares to Encora Holdco and AI Altius Parent as non-cash consideration.
The Board appointed Shweta Jalan and Atin Hirachand Jain as additional non-executive directors, effective immediately.