Cigniti Technologies Ltd., a subsidiary of Coforge, has announced the scheduling of a meeting for its Unsecured Creditors in compliance with the directions of the Hon’ble National Company Law Tribunal (NCLT). This meeting is part of the ongoing Scheme of Amalgamation between Cigniti Technologies and Coforge Limited, aimed at integrating the two companies and benefiting their shareholders and creditors. The NCLT issued its order on October 17, 2025, mandating this meeting to take place on December 6, 2025, at 4:30 PM IST via Video Conferencing.
Following the tribunal's directives, the notice for the meeting is being dispatched electronically to all unsecured creditors registered with Cigniti Technologies. This process aligns with the Companies Act, 2013, and the Securities and Exchange Board of India (SEBI) regulations, ensuring that the meeting will facilitate e-voting for participants. Creditors will also receive an Explanatory Statement, which details the proposed Scheme and includes necessary financial documents to aid in the decision-making process.
As part of the preparation for this significant meeting, the company will implement remote e-voting from December 3, 2025, to December 5, 2025, allowing creditors to cast their votes conveniently. Cigniti Technologies has emphasized transparency by making all relevant documents, including the notice and financial statements, available on its official website. This meeting marks a crucial step in the merger process, and the approval of the Scheme is essential for both companies moving forward.