Coforge: Secured creditors approve Cigniti amalgamation scheme

Nclt Scheme FiledListed Co AcquisitionStrategic Transactions View source PDF Explain this filing

COFORGE · price

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

Price reactionminutes from the announcement price · days from the prior close

-4.0%Reaction day

₹1948.00

prior close

₹1938.10

announcement price

After-mkt

timing

Nifty Midcap 150market · index membership as recorded later (tracked since Jun 2026)+0.4%-4.3% vs market

Computers - Software & Consulting peers, median of 64sector+0.0%-4.0% vs sector

On the reaction day the stock moved 4.3 pts less than Nifty Midcap 150 and 4.0 pts less than its Computers - Software & Consulting peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-2.7

10m

-2.5

15m

-2.6

30m

-3.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-4.0+0.4-4.3+0.0-4.0

Next day

-6.4-0.6-5.9-1.0-5.4

-5.4+0.3-5.7-0.1-5.3

-4.8+1.5-6.3+0.1-4.9

-3.9+1.4-5.3+0.1-4.0

-4.4+0.6-5.0-0.6-3.8

-4.9+0.3-5.2-0.4-4.5

15d

-14.5+2.0-16.6-0.9-13.7

-13.8+0.7-14.5-3.2-10.7

-20.5+2.0-22.5-7.6-12.9

-40.0-4.9-35.1-20.6-19.4

UpDownMarket · Nifty Midcap 150Sector · Computers - Software & Consulting peers, median of 64Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Coforge secured creditors unanimously approved (100 percent) the Scheme of Amalgamation with Cigniti Technologies at the NCLT convened meeting on December 6, 2025. All 5 secured creditors, representing about 38.2 crore rupees in secured debt, voted in favor with zero against and zero invalid votes. This is a key step in the NCLT approval process for the merger.

Likely market impact

Positive step toward NCLT sanction of the Cigniti merger; further NCLT hearings and shareholder or unsecured creditor approvals still pending.