InvestorQ : Is it true that Baring Private Equity has exited Coforge?
Mary Joseph made post

Is it true that Baring Private Equity has exited Coforge?

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Arusha Ray answered.
4 weeks ago
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Baring Private Equity Asia, through its entity Hulst BV sold 5.12% stake in Coforge for Rs.1,008 crore. Hulst sold 31 lakh shares at an average of Rs.3,250.58 per share via open market transactions. Hulst BV previous held 64% stake in Coforge. Just last week, Hulst BV sold another 3.14% stake in Coforge in the market worth Rs.616 crore.

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