Coforge Limited — JV/Acquisition, 06-07-2025: Amalgamation/Merger
06-07-2025 | 10:11 am
06-07-2025 | 10:11 am
Coforge Limited has announced a merger with Cigniti Technologies Limited to strengthen their tech services portfolio. The revised share swap ratio is 1 Coforge equity share (face value INR 2) for every 1 Cigniti equity share (face value INR 10), following a share split by Coforge. This merger aims to create synergy and scale expansion, potentially benefiting shareholders through enhanced combined capabilities and market presence. All other terms remain unchanged from the initial agreement.
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