Coforge Secures All Statutory, Regulatory Clearances for Encora Acquisition
Coforge (NSE:COFORGE, BOM:532541) has received regulatory approvals and statutory clearances in multiplejurisdictions to acquire software company Encora, according to a Monday filing to the Indian stock exchanges.In December 2025, Coforge agreed to acquire Encora for $2.35 billion.Once completed, the merger will create a $2.5 billion entity focused on artificial intelligence-led engineering, data, and cloud services, with the transaction expected to close by the end of April.The detailed work plans and governance structures have been established, and the company is confident in achieving its margin guidance as its cost optimization plan is expected to deliver 20%-25% reduction in general and administration costs for the combined business within the projected timelines.