Cigniti Technologies has filed a second motion petition with the National Company Law Tribunal (NCLT) on December 16, 2025, seeking approval for its proposed amalgamation with Coforge Limited. This regulatory filing represents a significant procedural milestone in the ongoing merger process between the two technology companies.

Regulatory Filing Timeline

The company has maintained comprehensive disclosure practices throughout the amalgamation process. The filing details reveal an extensive timeline of regulatory communications:

Scheme of Amalgamation Details

The proposed scheme involves the amalgamation of Cigniti Technologies Limited (Transferor Company) with and into Coforge Limited (Transferee Company). The scheme encompasses both companies' respective shareholders and creditors under sections 230 to 232 and other applicable provisions of the Companies Act, 2013, along with rules made thereunder.

NCLT Approval Process

The second motion petition filing with the NCLT represents a crucial step in obtaining court approval for the proposed amalgamation. Corporate amalgamations in India require multiple stages of regulatory approval, including court sanctions and compliance with various legal requirements. The NCLT plays a pivotal role in approving such corporate restructuring activities.

Corporate Communication

The disclosure was signed by Abhishek Dahia, Company Secretary and Compliance Officer, demonstrating the company's commitment to maintaining transparency with stakeholders. The communication was addressed to both BSE Limited and National Stock Exchange of India Limited, ensuring comprehensive market notification.

The company's systematic approach to regulatory compliance and transparent disclosure practices reflects its dedication to completing the amalgamation process in accordance with all prescribed legal and regulatory requirements.

Cigniti Technologies Limited (CTL) has conducted meetings of equity shareholders and unsecured creditors on December 06, 2025, to approve the proposed scheme of amalgamation with Coforge Limited. The meetings were held under the directions of the National Company Law Tribunal (NCLT), Chandigarh Bench, as per sections 230-232 of the Companies Act, 2013.

Key Details of the Meetings

• Purpose: To approve the Scheme of Amalgamation of Cigniti Technologies with and into Coforge Limited
• Venue: Video Conference (VC) / Other Audio-Visual Means (OAVM)
• Participants: Equity Shareholders and Unsecured Creditors of Cigniti Technologies Limited
• Date: December 06, 2025
• E-voting Period: December 03-05, 2025
• E-voting Platform: NSDL
• Regulatory Compliance: Conducted pursuant to NCLT order dated October 17, 2025

Public Notification

Prior to the meetings, the company had taken steps to ensure widespread awareness:

• Newspaper Publications:
  • Business Standard (English)
  • Jansatta (Hindi)

Corporate Action and Stock Exchange Notification

Cigniti Technologies had informed the stock exchanges about this development:

• Stock Exchanges Notified:
  • BSE Limited
  • National Stock Exchange of India Limited

These meetings mark a step in the proposed amalgamation process between Cigniti Technologies and Coforge Limited. The company's decision to conduct the meetings via video conferencing and provide remote e-voting facilities demonstrates its commitment to shareholder accessibility and participation.

Stakeholders may look out for further updates regarding the outcome of these meetings and subsequent steps in the amalgamation process. The company's approach in communicating these developments through multiple channels underscores its commitment to transparency and regulatory compliance.