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Cigniti Technologies informs about update on board meeting

05 May 2026 Evaluate
Further to announcement dated May 1, 2026, Cigniti Technologies has informed that Cigniti Technologies (Transferor Company) and Coforge (Transferee Company) have filed the certified copy of the NCLT Order with the Registrar of Companies, Haryana. With this filing, the Transferee Company and the Company have now complied with all the conditions specified in clause 28 of the Scheme. Accordingly, the Scheme has become effective, and consequently, the Company stands amalgamated with the Transferee Company and dissolved without being wound up. In accordance with the Scheme, the Appointed Date is April 1, 2025. Pursuant to the above, the meeting of the Board of Directors of the Company scheduled to be held on May 5, 2026 to consider the financial results of the Company is no longer required and accordingly stands cancelled. The financial results of the Company for the relevant period shall be subsumed in, and approved as part of, the standalone financial results of the Transferee Company. Further, the Board of Directors of the Transferee Company, at its meeting scheduled to be held on May 5, 2026, will consider the fixing of the record date for the purpose of determining the shareholders of the Company whose equity shares shall stand cancelled and to whom new equity shares of the Transferee Company shall be issued and allotted in accordance with the swap ratio set out in the Scheme. This intimation is also being made available on the Company’s website at www.cigniti.com.

The above information is a part of company’s filings submitted to BSE.

Cigniti Technologies Share Price

1274.15 118.90 (10.29%)
06-May-2026 15:45 View Price Chart
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