Government Pension Fund Global (Norway) cut its stake in Coforge from 2.42% to 1.10%, selling 58,26,498 shares. The sovereign wealth fund now holds 48,87,957 shares.
An IT services company providing end-to-end software solutions and consulting services to global clients across multiple sectors. Coforge operates subsidiaries in the US, Singapore, Australia, UK, Germany, and Thailand to deliver projects and support its international expansion. The company serves prominent customers in aviation, financial services, and travel industries, maintaining strategic partnerships with leading IT firms worldwide and ranking among India's top software exporters.
Norway's sovereign wealth fund, managed by Norges Bank Investment Management. World's largest SWF with over USD 2 trillion in assets, invested across 8,700+ companies globally including Indian equities.
