Cigniti Technologies has officially completed its amalgamation with Coforge Limited. With the filing of the NCLT order with the Registrar of Companies, the scheme is now effective as of May 5, 2026, with an appointed date of April 1, 2025. Consequently, Cigniti Technologies stands dissolved without being wound up, and its financial results will now be integrated into the standalone financial statements of the Transferee Company, Coforge Limited.
Completion of Amalgamation
Following the successful filing of the certified NCLT order with the Registrar of Companies, Haryana, the scheme of amalgamation between Cigniti Technologies Limited and Coforge Limited has reached its conclusion. As of May 5, 2026, the scheme is formally effective. Cigniti Technologies has now dissolved without the need for a winding-up process, marking a significant milestone in the integration of the two entities.
Impact on Financial Reporting and Shareholders
Due to the completion of this merger, the board meeting previously scheduled for May 5, 2026, to review the financial results of Cigniti Technologies, stands cancelled. Moving forward, the company’s financial performance will be subsumed within the standalone financial results of Coforge Limited.
The Board of Directors of Coforge Limited is set to meet on May 5, 2026, to determine the record date for the amalgamation. This record date will identify the shareholders entitled to receive new equity shares of Coforge Limited in accordance with the pre-approved swap ratio, while facilitating the cancellation of existing equity shares of the transferor company.
Source: BSE
