Coforge has completed the acquisition of 7,639,492 equity shares aggregating to 27.98% of paid up share capital of Cigniti Technologies (Cigniti). Pursuant to this, Cigniti is on target to become a subsidiary post closure of open offer.
Earlier, on May 2, 2024 the company had entered into share purchase agreements with the promoters and select public shareholders of Cigniti.
Coforge (Formerly known as NIIT Technologies) is a leading global IT solutions organization, enabling its clients to transform at intersect of unparalleled domain expertise and emerging technologies to achieve real-world business impact.