Coforge closes Cigniti merger, boosts AI-led services scale and margins

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

Coforge Limited has received National Company Law Tribunal approval for the amalgamation of Cigniti Technologies into the company, formally closing the acquisition after meeting all regulatory requirements. The transaction strengthens Coforge’s position as a scaled AI-led engineering, data and cloud services leader with a roughly $2 billion core business built around these offerings.

The integration of Cigniti is already reshaping Coforge’s operations, with cross-selling and large-deal wins driving sharp revenue gains and significant expansion in key client accounts. Profitability has improved markedly as EBITDA margins in the acquired business rose from about 11% to 19% within five to six quarters, and management is positioning this deal as a blueprint for future integrations, including its planned scale-up of AI-native engineering capabilities via Encora.

More about Coforge Limited

Coforge Limited is an AI-native engineering, data and cloud services provider headquartered in India, with a growing presence in key international markets including the U.S. The company focuses on AI-led engineering, digital transformation, and cloud-based solutions across sectors such as healthcare, and has pursued acquisitions as a core strategy to scale its capabilities and client footprint.

Average Trading Volume: 188,916

Technical Sentiment Signal: Hold

Current Market Cap: 404.1B INR

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