Coforge Limited has informed the Exchange about Submission of Notice of the Equity Shareholders, Secured Creditors and Unsecured Creditors of Coforge Limited ( Company ) in respect of information regarding meeting convened as per the directions of the Hon ble National Company Law Tribunal, Chandigarh Bench ( NCLT ) in the matter of the Scheme of Amalgamation of Cigniti Technologies Limited with and into Company and their respective shareholders and creditors
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Coforge has informed the exchange about submitting notices for meetings of its equity shareholders, secured creditors, and unsecured creditors. These meetings have been directed by the NCLT Chandigarh Bench in connection with the proposed scheme of amalgamation of Cigniti Technologies Limited with Coforge Limited. The meetings give shareholders and creditors a chance to vote on the merger scheme. This is a standard procedural step under the Companies Act required for any scheme of amalgamation to proceed.
This is a procedural milestone in the ongoing Cigniti merger process, not a new development. The outcome of these meetings (approval or rejection by stakeholders) will be a key gate before the scheme moves to final NCLT approval. Investors should watch for the meeting results as they will determine whether the merger advances.