COFORGENSECoforge LimitedMediumNeutral
Announced Tue, 4 Nov · 23:59 IST

Coforge Limited has informed the Exchange regarding Notice of Court Convened General Meeting to be held on December 06, 2025

Board & Shareholder Meetings View source PDF

COFORGE · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Coforge Limited has notified the exchanges about an NCLT-convened meeting of its equity shareholders scheduled for Saturday, December 6, 2025, at 10:30 AM (IST) via video conferencing. The meeting has been ordered by the NCLT Chandigarh Bench on October 17, 2025, to seek shareholder approval for the proposed amalgamation of Cigniti Technologies Limited (Transferor Company) with Coforge Limited (Transferee Company). The cut-off date for e-voting eligibility is November 29, 2025, with remote e-voting open from December 3 to December 5, 2025, conducted via NSDL. Mr. L.N. Gupta (retired IAS) has been appointed as Chairperson and Mr. Yashraj Singh as Scrutinizer for the meeting. The rationale cited includes creating AI-led digital engineering and assurance capabilities, forming three new scaled verticals (Retail, Technology, Healthcare), expanding US market presence, and achieving operational and cost efficiencies.

Likely market impact

This is a procedural milestone in the Coforge-Cigniti merger process; shareholder approval is a critical step before the NCLT grants final sanction. If the scheme is approved, Coforge shareholders will see the combined entity expand into AI-led assurance services with new verticals, but the merger remains subject to further regulatory and NCLT approvals before becoming effective.