Cigniti–Coforge Merger Takes Effect as Tribunal Order Filed, Cigniti Dissolved into Coforge

Cigniti Technologies Limited ( (IN:CIGNITITEC) ) has shared an announcement.

Cigniti Technologies Limited, an IT services provider and now part of Coforge, has operated from key hubs such as Hyderabad and Gurugram, serving enterprise customers with software and digital solutions. Its amalgamation into Coforge positions the combined entity to consolidate financial reporting and align operations under a single listed IT services brand.

Cigniti has informed the exchanges that the NCLT-approved Scheme of Amalgamation with Coforge Limited has become effective following filing of the tribunal’s order with the Registrar of Companies, Haryana. As a result, Cigniti stands amalgamated into Coforge and dissolved without winding up, its standalone board meeting for financial results is cancelled, and its financials will now be included in Coforge’s standalone accounts.

The Coforge board, at its scheduled May 5, 2026 meeting, will consider fixing a record date to determine Cigniti shareholders whose shares will be cancelled and who will receive new Coforge equity shares as per the agreed swap ratio. The update signals a key step in completing the integration process and clarifies the mechanism through which Cigniti investors transition to holding shares in the larger Coforge platform.

More about Cigniti Technologies Limited

Cigniti Technologies Limited, now a Coforge company, operates in the information technology services sector, providing software and digital services through global delivery centers, including its large facility in Hyderabad, India. Coforge, the transferee entity, is an established IT services firm headquartered in Gurugram, indicating a combined focus on technology-led solutions for global enterprise clients.

Average Trading Volume: 7,843

Technical Sentiment Signal: Buy

Current Market Cap: 32.49B INR

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