Allotment of Share pursuant to Scheme of Amalgamation
M&A
▲ Positive Development
LOW RISK
📅 Filed on BSE: 04 Jun 2026, 12:14 AM IST · BSE ID: 8f63e959-3429-4669-8ca2-756b179cc3ff
View Original BSE Filing (PDF)
💡
In Simple Terms
Coforge issued 1,26,71,602 new shares to finalize its merger with Cigniti Technologies, increasing its total shares.
🤖 AI Summary
- Coforge allotted 1,26,71,602 new equity shares to Cigniti Technologies Limited shareholders.
- This share allotment is pursuant to the Scheme of Amalgamation between Coforge and Cigniti.
- The share exchange ratio for Cigniti shareholders was fixed at 1:1.
- Paid-up share capital increased to 44,26,71,546 equity shares of Rs. 2 each.
- Total paid-up share capital now aggregates to Rs. 88,53,43,092.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Equity shares allotted to Cigniti shareholders
1,26,71,602 equity shares
Face value per equity share
Rs. 2 each
Total paid-up equity shares of Coforge post-allotment
44,26,71,546 equity shares
Aggregate paid-up share capital of Coforge
Rs. 88,53,43,092
🏢 How This Affects the Company
The amalgamation with Cigniti Technologies is now further formalized, integrating Cigniti's operations and customer base into Coforge's business.
The paid-up share capital of Coforge has increased to Rs. 88,53,43,092, reflecting the equity issued for the acquisition.
👥 What This Means For Shareholders
✅
Action Required
Shareholders of Coforge do not need to take any action based on this specific filing.
👤
Who Is Affected
Eligible shareholders of Cigniti Technologies Limited have been allotted 1,26,71,602 equity shares of Coforge, pursuant to the 1:1 share exchange ratio.
🔍
Management Signal
The management's action signals commitment to completing the amalgamation and integrating acquired entities through defined regulatory processes.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Listing and trading approvals for the newly allotted Coforge shares.
Next quarterly financial results, assessing initial integration impact.
Any further updates on the operational integration of Cigniti into Coforge.
LOW RISK
The filing reports the completion of a procedural step in a previously announced amalgamation, reducing uncertainty.
💡 Investor Takeaway
Coforge has allotted 1,26,71,602 equity shares of Rs. 2 each to Cigniti Technologies Limited shareholders. This increases the total paid-up share capital to 44,26,71,546 equity shares, aggregating to Rs. 88,53,43,092, concluding a key step in the amalgamation.
⚖️ Strengths & Concerns
✅ Positives
- Completion of the share allotment for the Cigniti amalgamation formalizes the integration of the acquired entity.
- The 1:1 share exchange ratio offers Cigniti shareholders direct equity participation in Coforge without fractional shares.
📅 Company Track Record
Previous filings indicated Coforge's successful closure of the Encora acquisition on April 23, 2026, for USD 2.5 billion, with USD 550 million debt secured. All regulatory approvals for a separate acquisition, likely Cigniti, were secured by April 13, 2026, targeting an April 2026 closing.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
How many equity shares did Coforge allot to Cigniti shareholders?
Coforge allotted 1,26,71,602 equity shares of Rs. 2 each, fully paid-up, to eligible shareholders of Cigniti Technologies Limited.
What is the new total paid-up share capital of Coforge after this allotment?
Consequently, the paid-up share capital of Coforge has increased to 44,26,71,546 equity shares of face value of Rs. 2 each, aggregating to Rs. 88,53,43,092.
What was the share exchange ratio for the Coforge-Cigniti amalgamation?
The share exchange ratio for determining the eligibility of Cigniti shareholders for Coforge equity shares was 1:1 pursuant to the Scheme of Amalgamation.
What is the next step for these newly allotted Coforge shares?
Coforge is in the process of completing other formalities with respect to the issue and listing of the said shares, and will file necessary documents for listing and trading approvals.
Questions based on this BSE filing only. For information purposes.