Record date Intimation
Awaiting price reaction for this filing.
Cigniti Technologies has announced May 16, 2026 as the Record Date for its amalgamation with Coforge. As per the scheme, equity shareholders of Cigniti will receive new equity shares of Coforge at a share exchange ratio of 1:1. This means for every 1 Cigniti share held, eligible shareholders will receive 1 share of Coforge. The Board of Coforge fixed this date at their meeting on May 5, 2026. This record date determines which Cigniti shareholders are eligible to receive the new Coforge shares, as their existing Cigniti shares will be cancelled upon amalgamation completion.
Cigniti shareholders will receive Coforge shares in a 1:1 ratio, effectively exchanging their holdings. Post-amalgamation, Cigniti will cease to exist as a separate listed entity. This provides liquidity for Cigniti shareholders through Coforge shares.