US-based IT major Cognizant Technology Solutions is planning a potential Initial Public Offering (IPO) in the Indian stock exchanges, the company’s Chief Financial Officer Jatin Dalal has said.

Speaking at an investors call post the company’s September quarter earnings, Dalal said the Cognizant’s board and management team have been assessing a “potential primary offering and a secondary listing” in India.

Dalal added that the company is engaging with various stakeholders from both India and the US to evaluate the implications of such an offering and listing.

“The process of a primary offering and a secondary listing in India by an overseas company is complex and involves multiple steps. We view this as a long-term project, subject to market and other factors, and it is still in its earl

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