Proceeding of NCLT Equity Shareholder Meeting and Unsecured Creditor Meeting held on December 06,2025
Awaiting price reaction for this filing.
Cigniti Technologies held two NCLT-ordered meetings on December 6, 2025 to seek approval for its amalgamation into Coforge Limited under Sections 230-232 of the Companies Act, 2013. The equity shareholders' meeting ran from 3:00 PM to 3:27 PM, and the unsecured creditors' meeting ran from 4:30 PM to 4:40 PM, both conducted via video conferencing. Remote e-voting on the NSDL platform was open from December 3 to December 5, 2025, with additional e-voting facilitated for 15 minutes after each meeting concluded. Both meetings were chaired by Mr. L.N. Gupta, a former NCLT member, with Mr. Yashraj Singh acting as scrutinizer. The actual voting results (how shareholders and creditors voted) are not disclosed in this filing and are expected to be announced separately.
This is a procedural milestone in Cigniti's proposed merger into Coforge. If the scheme receives the required majority approval and subsequent NCLT sanction, Cigniti shareholders will be issued Coforge shares as per the swap ratio and Cigniti will cease to be a separately listed entity. Investors should watch for the voting result announcement to gauge shareholder sentiment on the deal.