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Coforge Advances Amalgamation with Cigniti Technologies

Story Highlights
  • Coforge Limited held a secured creditors’ meeting for its merger with Cigniti Technologies.
  • The meeting, including e-voting, marks progress in the amalgamation process, impacting stakeholders.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Coforge Advances Amalgamation with Cigniti Technologies

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Coforge Limited ( (IN:COFORGE) ) has issued an update.

Coforge Limited announced the successful completion of a secured creditors’ meeting, held under the direction of the National Company Law Tribunal, to discuss the proposed amalgamation with Cigniti Technologies Limited. The meeting, conducted via video conferencing, included a scrutinized e-voting process, which is a significant step in the amalgamation process, potentially impacting stakeholders by streamlining operations and expanding market reach.

More about Coforge Limited

Coforge Limited operates in the technology and IT services industry, offering a range of services including digital transformation, cloud services, and IT consulting. The company focuses on providing innovative solutions to enhance business processes and improve customer experiences across various sectors.

Average Trading Volume: 61,994

Technical Sentiment Signal: Buy

Current Market Cap: 661.9B INR

Learn more about COFORGE stock on TipRanks’ Stock Analysis page.

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