Cigniti Technologies Limited has informed the Exchange about Amalgamation/Merger
Awaiting price reaction for this filing.
Cigniti Technologies Limited has filed an application with the National Company Law Tribunal (NCLT), Chandigarh Bench, seeking approval for its proposed amalgamation with Coforge Limited. Under the scheme, Cigniti (the Transferor Company) will merge into Coforge (the Transferee Company), along with their respective shareholders and creditors. This filing follows earlier intimations made on December 27, 2024 and July 18, 2025 regarding the same scheme. The disclosure has been made under SEBI Listing Regulations (Reg 30). No swap ratio or deal value details have been disclosed in this particular filing.
This is a procedural step in Cigniti's merger with Coforge and signals that the deal is progressing through regulatory channels. Shareholders should watch for further updates on the swap ratio, NCLT hearings, and shareholder/creditor approvals, which will determine the actual value received by Cigniti shareholders.