Coforge Limited has announced the effective date for its amalgamation with Cigniti Technologies Limited, following the filing of the certified copy of the National Company Law Tribunal (NCLT) order with the Registrar of Companies, Haryana. This marks the completion of all conditions specified in Clause 28 of the Scheme of Amalgamation.
The amalgamation, sanctioned under sections 230 to 232 of the Companies Act, 2013, by the NCLT Chandigarh Bench, results in Cigniti Technologies being dissolved without being wound up, effective from the appointed date of April 1, 2025.
Coforge’s Board of Directors is scheduled to meet on May 5, 2026, to determine the record date for the purpose of cancelling the equity shares of Cigniti Technologies’ shareholders and issuing new equity shares of Coforge in accordance with the swap ratio set out in the Scheme.
The company has made this announcement available on its website, www.coforge.com, for public access.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).