Cigniti Technologies Limited — JV/Acquisition, 18-07-2025: Amalgamation/Merger

Cigniti Technologies and Coforge Limited are pushing forward with their merger! Cigniti has received the green light from major stock exchanges, getting "no adverse observations" from BSE and "no objection" from NSE for its amalgamation with Coforge. This is a significant step, paving the way for the combined entity. The next crucial phase involves seeking approval from the National Company Law Tribunal (NCLT). The companies have six months to file the merger scheme with the NCLT. Keep an eye on further NCLT updates for this integration.