Coforge Limited has announced the allotment of 1,45,189 equity shares under its Employee Stock Option Plan (ESOP) 2005 scheme on December 14, 2025. The ESOP Allotment Committee approved this share allotment following the exercise of stock options by eligible employees.

Share Allotment Details

The newly allotted shares carry specific parameters that impact the company's capital structure:

Updated Share Capital Structure

Following this allotment, Coforge Limited's share capital has been revised upward. The company's paid-up share capital now stands at enhanced levels:

Listing and Trading Formalities

Coforge Limited is currently in the process of completing the necessary formalities for the issue and listing of these newly allotted shares. The company has indicated that it will file the required documents with stock exchanges shortly to seek listing and trading approvals for the allotted shares.

The communication was signed by Barkha Sharma, Company Secretary and Compliance Officer of Coforge Limited, and has been submitted to both BSE Limited and National Stock Exchange of India Limited for their information and records.

In a series of significant corporate developments, Coforge Limited has secured resounding approvals from both its equity shareholders and unsecured creditors for the proposed amalgamation with Cigniti Technologies Limited. These decisions mark crucial steps forward in the company's strategic plans.

Shareholder Approval

The shareholder meeting, which utilized both remote e-voting and e-voting during the session, saw an impressive turnout and a near-unanimous decision in favor of the amalgamation. Here's a breakdown of the voting results:

The overwhelming support from shareholders, with 99.70% of valid votes cast in favor of the resolution, significantly surpasses the required three-fourth majority threshold for such corporate actions.

Unsecured Creditors' Approval

In a separate meeting held on the same day, December 6, 2025, Coforge's unsecured creditors also unanimously approved the proposed scheme of amalgamation. The meeting was conducted through video conferencing as directed by the NCLT Chandigarh Bench. Key details of this approval include:

• Unsecured debt worth INR 2,40,80,03,073 represented
• 100% voting in favor of the resolution

This unanimous support from unsecured creditors further solidifies the path forward for the amalgamation.

Implications of the Amalgamation

While specific details of the amalgamation scheme were not provided in the immediate reports, such corporate actions typically aim to:

• Enhance operational efficiencies
• Combine complementary strengths
• Improve market positioning
• Potentially create shareholder value through synergies

The strong backing from both shareholders and unsecured creditors suggests confidence in the strategic rationale behind the merger between Coforge Limited and Cigniti Technologies Limited.

Next Steps

With approvals secured from both shareholders and unsecured creditors, the amalgamation process will likely move to the next phases, which may include:

• Further regulatory approvals from relevant authorities
• Legal proceedings to finalize the merger
• Integration planning between the two companies

Investors and market watchers will be keen to observe how this amalgamation unfolds and its potential impact on Coforge's market position and financial performance in the coming quarters.

As this corporate action progresses, stakeholders should stay tuned for further announcements regarding the implementation timeline and specific terms of the amalgamation.