Cigniti Technologies Limited has informed the Exchange that Record date for the purpose of Record Date for issue of equity shares pursuant to Scheme of Amalgamation is 16-May-2026.
Awaiting price reaction for this filing.
Cigniti Technologies has announced that May 16, 2026 is the Record Date for determining shareholder eligibility in the amalgamation with Coforge. Cigniti has already been amalgamated into Coforge, and its equity shareholders will receive Coforge shares at a 1:1 exchange ratio. This means for every 1 Cigniti share held, eligible shareholders will receive 1 Coforge share. The Board of Coforge fixed this record date at their meeting on May 5, 2026. The filing is submitted under SEBI Regulation 42 of the Listing Regulations.
Cigniti shareholders who held shares as of May 16, 2026 will have their Cigniti shares cancelled and receive corresponding Coforge shares. Cigniti's listing may be delisted post-completion of the amalgamation process.