Coforge creditors unanimously approve Cigniti amalgamation

Coforge Limited announced the unanimous approval of its scheme of amalgamation with Cigniti Technologies Limited by both secured and unsecured creditors. The meetings, convened by direction of the National Company Law Tribunal (NCLT), Chandigarh Bench, were held on December 06, 2025, through video conferencing.

During the secured creditors' meeting, all five participating creditors, representing a total secured debt of INR 3,82,07,27,619, voted in favor of the resolution, achieving 100% approval. Similarly, all 24 participating unsecured creditors, representing a total unsecured debt of INR 2,40,80,03,073, also voted unanimously in favor, securing 100% approval. No invalid votes were recorded in either category.

The resolutions grant the board of directors or any delegated director/officer the authority to finalize the scheme, make necessary modifications, and ensure its implementation, subject to approvals from the NCLT and other regulatory bodies. Yashraj Singh, advocate, served as the scrutinizer for both meetings, confirming the fairness and transparency of the e-voting process.