Cognizant evaluating potential primary offering, secondary listing in India: CFO Jatin Dalal
New Delhi: US-based IT major Cognizant, which has a substantial number of employees in India, is actively exploring the possibility of a primary offering and a secondary listing in India, a top company official said.
A primary offering typically involves raising new capital by issuing new shares, thereby increasing the company’s share capital, whereas a secondary listing involves selling already issued shares in a new market.
