Coforge confirms that the order concerning the proposed Scheme of Amalgamation with Cigniti Technologies Limited has been reserved for formal pronouncement by the National Company Law Tribunal (NCLT) on March 27, 2026. Statutory Authorities have also recorded no objections to the sanctioning of the Scheme. The company will notify exchanges upon receipt of the official NCLT order.
Update on Cigniti Amalgamation Scheme
Coforge Limited has provided an important update regarding the proposed Scheme of Amalgamation involving Cigniti Technologies Limited (Transferor Company) with and into Coforge Limited (Transferee Company). This restructuring proposal is being processed under Sections 230 to 232 of the Companies Act, 2013.
NCLT Proceedings Status
The company is pleased to inform stakeholders that the order related to the Second Motion Petition connected to this Scheme has been reserved for formal pronouncement by the Hon’ble National Company Law Tribunal (NCLT) today, March 27, 2026.
Statutory Clearances Received
Furthermore, the company has confirmed that the relevant Statutory Authorities have recorded their no-objection to the sanctioning of the Scheme. This follows previous disclosures made between December 2024 and January 2026 detailing the progress of the merger process.
Next Steps
Coforge will notify the Stock Exchanges and update its website immediately upon receipt of the official copy of the Hon’ble NCLT order. The Company Secretary & Compliance Officer, Barkha Sharma, signed off on this corporate disclosure.
Source: BSE
