Coforge Limited , a global digital services and solutions provider, is set to reveal its second quarter results for the fiscal year 2026 on October 24. The company's board of directors will convene to approve the unaudited consolidated and standalone financial results for the quarter and half-year ended September 30, 2025.

Key Highlights

• Results Announcement Date: October 24, 2025
• Board Meeting Agenda:
  • Approval of Q2 and H1 FY26 financial results
  • Consideration of second interim dividend for FY26
• Earnings Call: Scheduled for 5 p.m. IST on the same day

Financial Performance

Coforge has shown robust growth in its previous quarter:

Company Overview

Coforge is a prominent player in the IT services sector:

• Global Clientele: Serves over 260 clients worldwide
• Workforce: Exceeds 32,000 employees
• Specializations: AI, cloud, data, and automation solutions

Stock Performance

The company's stock has shown mixed performance:

Investors and analysts are awaiting the Q2 results and the potential announcement of a second interim dividend, which could provide insights into the company's financial health and future outlook.

The National Company Law Tribunal (NCLT) Chandigarh Bench has given the green light for Coforge Limited to convene meetings of its equity shareholders, secured creditors, and unsecured creditors to consider the proposed merger with Cigniti Technologies Limited. This development marks a significant step forward in the amalgamation process between the two IT services companies.

Key Details of the NCLT Order

The NCLT order, dated October 17, 2025, comes in response to a joint application filed by both companies under the Companies Act, 2013. The scheme involves the amalgamation of Cigniti Technologies (transferor company) into Coforge Limited (transferee company) with an appointed date of April 1, 2025.

Stakeholder Meetings

The NCLT has directed the following meetings to be convened:

Creditor and Shareholder Information

As of July 18, 2025, the companies reported the following stakeholder numbers:

Merger Benefits

The proposed amalgamation is expected to bring several benefits:

1. Empowering digital transformation through synergies in AI-led assurance and IT solutions
2. Accelerating growth by creating scaled-up verticals in Retail, Technology, and Healthcare
3. Enhancing efficiency in customer approach with a broader service portfolio
4. Streamlining corporate structure and reducing administrative duplication
5. Improving working capital and cash flow management

Next Steps

The NCLT has appointed Mr. LN Gupta as the Chairperson and Advocate Yashraj Singh as the Scrutinizer for the meetings. The companies are required to:

1. Publish advertisements about the meetings in specified newspapers
2. Send notices to all stakeholders at least one month before the meeting date
3. Provide free copies of the scheme to stakeholders upon request
4. File an affidavit reporting compliance with directions at least 7 days before the meetings

Recent Corporate Action

In a separate development, Coforge Limited's ESOP Allotment Committee approved the allotment of 198,489 equity shares on October 17, 2025, under the company's Employee Stock Option Plan. This allotment has increased Coforge's paid-up share capital to 334,794,549 equity shares with a face value of Rs. 2 each, totaling Rs. 669,589,098.

As the merger process progresses, stakeholders of both Coforge Limited and Cigniti Technologies will play a crucial role in determining the future of this significant corporate action in the Indian IT services sector.