CIGNITITECNSECigniti Technologies LimitedHighNeutral
Announced Mon, 8 Dec, 2025 · 08:00 IST

Cigniti shareholders approve amalgamation with Coforge - 99.95% in favor

Nclt Scheme FiledStrategic Transactions View source PDFExplain this filing
Price reaction

Awaiting price reaction for this filing.

AI summary

Equity shareholders of Cigniti Technologies approved the scheme of amalgamation with Coforge Limited at the NCLT convened meeting on December 6, 2025. The resolution got 99.95 percent votes in favor by value, with about 1.88 crore shares voting in support. Around 68.59 percent of outstanding shares participated. Only 0.05 percent voted against and there were no invalid votes. The scheme was passed with the requisite majority under Sections 230 to 232 of the Companies Act.

Likely market impact

Key milestone cleared in the Cigniti-Coforge merger. Shareholder approval secured; deal still needs NCLT sanction and other regulatory clearances to complete.