Expleo Solutions to consolidate operations, close Coimbatore competence centre
Expleo Solutions Limited has received board consent to close its Competence Centre in Coimbatore, Tamil Nadu, India. This decision, announced on October 21, 2025, aims to consolidate the Coimbatore Centre with the company's MEPZ branch office in Chennai. The company anticipates this move will enhance delivery efficiency and administrative oversight. The exact closure date will be communicated later.
The Coimbatore Competence Centre contributed INR 5.43 million in revenue (representing 0.05% of total turnover) and INR 29.11 million to the net worth for the fiscal year 2024-25, as of March 31, 2025. This information was detailed in disclosures under SEBI Regulations, 2015.
The company will make further information available on its investor relations website as required.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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