Coforge Gets BSE, NSE Nod For Merger With Cigniti Technologies

Coforge Ltd. on Friday said it has received approvals from the BSE and National Stock Exchange to amalgamate Cigniti Technologies Ltd. with itself. The company got a “no adverse observations” letter from BSE and a “no objection” letter from NSE, it said in an exchange filing.

In December, Coforge’s board had cleared the merger, saying the move would enhance its service offerings, tap AI-led opportunities, and strengthen its presence across sectors and geographies, especially in the US market.