BSECigniti Technologies LtdMinimalNeutral
Announced Wed, 28 Jan · 17:55 IST

Intimation of Newspaper Publication

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Cigniti Technologies Ltd has informed the stock exchanges about newspaper advertisements published on January 28, 2026 in Financial Express (English) and Jansatta (Hindi) regarding the NCLT hearing notice for its proposed merger. The National Company Law Tribunal (NCLT), Chandigarh Bench, through an order dated January 09, 2026, has scheduled the hearing of the Company Scheme Petition for March 06, 2026. The proposed scheme is for the amalgamation of Cigniti Technologies (the Transferor Company) with Coforge Limited (the Transferee Company), along with their respective shareholders and creditors. The amalgamation is being pursued under sections 230 to 232 of the Companies Act, 2013. This filing is a regulatory compliance disclosure made under Regulation 30 of the SEBI Listing Regulations, 2015.

Likely market impact

This is a procedural update confirming the NCLT hearing date of March 6, 2026 for the proposed merger of Cigniti Technologies into its parent Coforge Limited. Shareholders should track this date as a key milestone, as a favourable NCLT order will move the amalgamation closer to completion, potentially affecting share-swap ratios and the shareholding structure of the merged entity.