COFORGE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Coforge Limited has completed the amalgamation of Cigniti Technologies Limited into the company. The Scheme of Amalgamation, sanctioned by the NCLT Chandigarh Bench, has become effective after filing the certified copy of the NCLT Order with the Registrar of Companies, Haryana. Both companies have complied with all conditions specified in Clause 28 of the Scheme. The Appointed Date for the merger is April 1, 2025. Cigniti Technologies Limited stands dissolved as part of the merger without being wound up. The Board will meet on May 5, 2026 to fix the record date for determining which Cigniti shareholders will receive new Coforge equity shares according to the swap ratio outlined in the Scheme.
For Coforge shareholders, the amalgamation expands the company's scale and service capabilities by consolidating Cigniti's business. Cigniti shareholders will receive new Coforge shares per the agreed swap ratio once the record date is set.