Digital services and solutions provider Coforge on Thursday acquired an 11 per cent stake in IT company Cigniti Technologies for Rs 426 crore through an open market transaction. According to the bulk deal data available with the NSE, Coforge purchased 30,21,293 shares, amounting to an 11 per cent stake in Cigniti Technologies.
The shares were picked up at an average price of Rs 1,412.25 apiece, taking the transaction value to Rs 426.68 crore. Image: Representational Image From Pexels
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