Cigniti files Second Motion Petition with NCLT for Coforge merger scheme

Cigniti Technologies has filed a Second Motion Petition with the NCLT seeking approval for its proposed merger with Coforge Limited under Sections 230 to 232 of the Companies Act, 2013. Cigniti (Transferor Company) will merge into Coforge (Transferee Company). This is a routine procedural step in the amalgamation process, following the earlier First Motion Petition and the shareholder and creditor meetings. Final NCLT approval is still awaited.