Mumbai, March 5 -- The company's board approved sub division of one existing equity share having face value of Rs 10 each into five equity shares of Rs 2 each, subject to approval of the members of the Company. The record date for sub-division / split of existing equity shares will be intimated in due course.

The sub division is expected to be completed within three months from the approval of the members.

Meanwhile, the company's wholly owned subsidiary, Coforge Inc., has agreed to enter into a stock purchase agreement with Rythmos Inc. and its stockholders to acquire all of the outstanding shares of capital stock of Rythmos Inc.

Further, the company's wholly owned -owned step-down subsidiary, Coforge Technologies Australia Pty, has ...