Cigniti Technologies Ltd

Cigniti & Coforge Merger Approved: Key Details & What’s Next 📈

- NCLT Chandigarh approves amalgamation of Cigniti Technologies into Coforge, effective April 1, 2025.

- Cigniti has 28,488 equity shareholders; Coforge has 188,219.

- Scheme targets digital transformation synergies, operational efficiency, and growth acceleration.

- Coforge’s secured creditors (5 entities) hold ₹382.07 crore debt; unsecured creditors total ₹265.97 crore.

- Cigniti’s unsecured creditors (16 entities) hold ₹1.63 crore debt; no secured creditors.

- Notices for shareholder/creditor meetings to be published in Business Standard (English) and Jansatta (Hindi).