Coforge confirms no share encumbrance in Cigniti Technologies for FY26

1 min read     Updated on 10 Jun 2026, 01:54 AM
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Coforge Limited confirmed to BSE and NSE that it did not encumber any shares in Cigniti Technologies Limited during FY26. The disclosure was filed under SEBI takeover regulations by Barkha Sharma, Company Secretary & Compliance Officer. Coforge holds the status of a promoter and person having control over Cigniti Technologies.

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Coforge Limited has confirmed that it did not encumber any shares in Cigniti Technologies Limited during the financial year ended March 31, 2026. The disclosure, submitted to BSE Limited and National Stock Exchange of India Limited, was made under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation requires promoters and persons in control of a company to declare whether they have pledged or created any charge on their shares during the financial year.

The filing was addressed to the Department of Corporate Services at both exchanges. Coforge Limited identified itself as a promoter and a person having control over Cigniti Technologies Limited, as well as a person acting in concert with the promoter. The company explicitly stated that no encumbrance of shares was made directly or indirectly during the specified period.

Regulatory Filing Details

The disclosure was signed by Barkha Sharma, Company Secretary & Compliance Officer of Coforge Limited. The communication was dispatched from Noida and copied to the Members of the Audit Committee of Cigniti Technologies Limited, located in Gurugram.

Entity Role Exchange Scrip Code
Coforge Limited Promoter / Person having control 532541 (BSE) / COFORGE (NSE)
Cigniti Technologies Limited Target Company -

The confirmation provides assurance to shareholders regarding the unencumbered status of shares held by the promoter group during FY26.

Historical Stock Returns for Coforge

1 Day5 Days1 Month6 Months1 Year5 Years
+2.58%-2.30%+6.22%-24.23%-21.41%+79.42%

Does the unencumbered status of Coforge's shares indicate a potential increase in acquisition appetite or stake expansion in Cigniti Technologies?

How might this clean shareholding structure influence Coforge's ability to secure future financing for corporate development or strategic investments?

Will Coforge maintain its current level of control over Cigniti Technologies, or are there plans to alter the promoter status in the upcoming fiscal year?

Coforge opens fourth public library in Vasant Kunj, New Delhi

1 min read     Updated on 08 Jun 2026, 04:42 PM
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Coforge inaugurated its fourth public library in Vasant Kunj, New Delhi, on June 5, 2026. The 10,000 sq. ft. facility features over 15,000 titles and is part of the company's CSR initiative. The library is open 365 days a year and offers free entry and reading.

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Coforge inaugurated its fourth public library in Vasant Kunj, New Delhi, on June 5, 2026, expanding its Corporate Social Responsibility (CSR) footprint in India. The facility, located on the first floor of Vasant Square Mall, serves dense population clusters and underserved communities where access to quality reading infrastructure is limited. This is the third library established by the company in the Delhi-NCR region, following openings in Noida and Gurugram, and the fourth overall in India.

The library was inaugurated by the Hon'ble Chief Minister of Delhi, Smt. Rekha Gupta. In a message shared after the launch, she commended Coforge for recognizing the transformative power of books and connecting citizens with learning opportunities. The initiative aims to provide a gateway to knowledge, equality, and opportunity for the local community, including youth, children, and senior citizens.

Anuradha Sehgal, Chief Brand & Sustainability Officer of Coforge, emphasized that the locations are selected with a clear social objective. The library in Vasant Kunj is designed as a shared space for the community to discover new ideas and learn from diverse perspectives. Sudhir Singh, CEO and Executive Director of Coforge, stated that the company measures its growth by the progress of the communities it is part of, viewing growth and responsibility as the same journey.

The facility spans 10,000 sq. ft. and features a curated collection of more than 15,000 titles across genres such as fiction, self-help, business, and technology. It includes a dedicated children's zone with 4,500 books and a seating capacity of 170 people. Entry and reading are free, while borrowing books requires a fully refundable deposit, though no deposit is taken from students of government schools.

Feature Details
Location Vasant Square Mall, Vasant Kunj, New Delhi
Area 10,000 sq. ft.
Collection Over 15,000 titles
Children's Books 4,500
Seating Capacity 170 people
Timings 9:00 AM to 8:00 PM, 365 days a year

Coforge plans to expand this network of free public libraries across India, starting with the Delhi NCR region. The initiative aligns with the company's focus on creating enduring value for society and the planet.

Historical Stock Returns for Coforge

1 Day5 Days1 Month6 Months1 Year5 Years
+2.58%-2.30%+6.22%-24.23%-21.41%+79.42%

What is the projected timeline and financial allocation for Coforge's planned expansion of the library network beyond the Delhi NCR region?

How will Coforge measure the social impact and community engagement levels of these libraries to determine the success of the initiative?

Will the company introduce digital integration, such as e-books or learning portals, to complement the physical collections in future libraries?

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1 Year Returns:-21.41%