Date: October 23, 2026
Board Meeting Outcomes
- The Board of Directors at its meeting held on October 23, 2026 took note of the completed voluntary liquidation/winding up of Digital Mobile Innovations Italy S.R.L.
- This was a stepdown wholly owned subsidiary located in Italy.
- The action was taken to streamline the entity structure and enhance operational efficiency.
- The liquidation was conducted in accordance with applicable laws and regulations of Italy.
Disinvestment / Strategic Actions
- Entity involved: Digital Mobile Innovations Italy S.R.L. (Italian subsidiary)
- Ownership status: Stepdown wholly owned subsidiary (part of Encora group prior to acquisition)
- Transaction type: Voluntary liquidation/winding up
- Initiation timeline: Liquidation process was initiated in September 2025 (prior to Coforge's acquisition of Encora)
- Completion status: Process has been completed and the entity has been formally dissolved/closed
- Strategic rationale: Streamline entity structure and enhance operational efficiency
Other Operational / Legal / Strategic Disclosures
- Digital Mobile Innovations Italy S.R.L. was part of the Encora group prior to Coforge's acquisition of Encora
- The liquidation process was initiated before the acquisition date by Coforge