Government Pension Fund Global (Norway) decreased its stake in Coforge Limited from 3.49% to 2.42%, selling 1,021,952 shares. The value of the sold shares was approximately ₹191.36 Cr at ₹1873.00 apiece.
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.
