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