StockWatch
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Computers - Software & Consulting
Corporate Action4 Jun 2026, 07:32 am

Coforge Allots 1.26 Cr Shares Post Cigniti Amalgamation

AI Summary

Coforge Ltd has allotted 1,26,71,602 equity shares of Rs. 2 each to the eligible shareholders of Cigniti Technologies Limited, following the scheme of amalgamation. This allotment, based on a 1:1 share exchange ratio, increases Coforge's paid-up share capital to 44,26,71,546 equity shares, aggregating to Rs. 88,53,43,092. The company is completing the necessary formalities for the listing and trading of these new shares.

Key Highlights

  • 1.26 crore equity shares allotted post-amalgamation.
  • Share exchange ratio was 1:1 with Cigniti Technologies.
  • Paid-up capital increased to 44.27 crore shares.
  • Company is seeking listing and trading approvals for new shares.