Cigniti Technologies Limited — Board Meeting, 23-07-2025: Outcome of Board Meeting

Cigniti Technologies' board approved financial results for the quarter ended June 30, 2025. Consolidated revenue stood at ₹534.2 Cr, with net profit at ₹65.9 Cr. The board also approved allotting 60,000 ESOP shares.

A key update on the Coforge merger: the revised share swap ratio is now 1 Coforge share (₹2 FV) for every 1 Cigniti share (₹10 FV) post Coforge's split. Regulatory nods from NSE/BSE are in, with NCLT and shareholder approvals next.

Operationally, MUFG Intime India becomes the new RTA from Nov 15. Ms. Naga Vasudha steps down as CS on Aug 31, and Mr. Abhishek Dahia takes over from Sep 1.