Coforge Limited — JV/Acquisition, 18-07-2025: Amalgamation/Merger
18-07-2025 | 04:43 pm
18-07-2025 | 04:43 pm
Coforge's planned merger with Cigniti Technologies is moving forward! Coforge has received the necessary 'no adverse observations' from BSE and 'no objection' from NSE for their amalgamation scheme. This clears a significant hurdle. Coforge will now prepare to file the scheme with the National Company Law Tribunal (NCLT) for final approvals. The observation letters are valid for six months, giving the company this window to approach NCLT. Future disclosures will detail the merger's rationale and its impact on shareholders.
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