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Coforge–Cigniti Amalgamation Becomes Effective as NCLT Order Filed

Story Highlights
  • Coforge confirms its NCLT-sanctioned merger with Cigniti is now effective, with Cigniti dissolved into Coforge from an appointed date of April 1, 2025.
  • Coforge’s board will set a record date to cancel Cigniti shares and issue new Coforge equity under the swap ratio, advancing integration of the combined entity.
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Coforge–Cigniti Amalgamation Becomes Effective as NCLT Order Filed

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Coforge Limited ( (IN:COFORGE) ) has shared an announcement.

Coforge Limited has announced that its court-approved Scheme of Amalgamation with Cigniti Technologies Limited has become effective following the filing of the National Company Law Tribunal’s order with the Registrar of Companies in Haryana. With all scheme conditions met, Cigniti has now been legally merged into Coforge and stands dissolved without winding up, with an appointed date of April 1, 2025.

The Coforge board is meeting on May 5, 2026 to fix the record date that will determine which former Cigniti shareholders will have their existing equity cancelled and receive new Coforge shares based on the agreed swap ratio. The completion of this amalgamation marks a significant step in integrating the two businesses and sets the stage for aligning shareholder structures and realizing planned synergies under the combined entity.

More about Coforge Limited

Coforge Limited is an Indian IT services and digital solutions company headquartered in the National Capital Region, serving global enterprises across sectors with technology, consulting, and outsourcing services. The company is listed on the BSE and NSE, and focuses on driving digital transformation and operational efficiency for its clients.

Average Trading Volume: 192,510

Technical Sentiment Signal: Hold

Current Market Cap: 401.7B INR

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

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