Merger5 May 2026, 07:31 am
Coforge: Cigniti Technologies Amalgamation Effective
AI Summary
Coforge Ltd. announced that the scheme of amalgamation of Cigniti Technologies Limited with Coforge has become effective. The certified copy of the NCLT Order has been filed with the Registrar of Companies, Haryana. All conditions specified in Clause 28 of the Scheme have been complied with, leading to the dissolution of Cigniti Technologies without being wound up. The appointed date for the scheme is April 1, 2025. The Board of Directors will consider and fix the record date on May 5, 2026, for determining shareholders of Cigniti Technologies for share cancellation and issuance of new Coforge shares as per the swap ratio.
Key Highlights
- Cigniti Technologies amalgamated with Coforge; scheme effective.
- NCLT Order filed with Registrar of Companies, Haryana.
- Appointed date for the scheme is April 1, 2025.
- Board to fix record date on May 5, 2026, for share issuance.
- Cigniti Technologies dissolved without being wound up.