JSA leads Coforge to close Cigniti acquisition
JSA advised and represented Cigniti Technologies (Transferor) and Coforge (Transferee) in closing Coforge's acquisition of Cigniti, securing shareholder and creditor consent and final approval from the NCLT, Chandigarh (sanctioned 29 April 2026; merger effective 5 May 2026; appointed date 1 April 2025). The scheme used a 1:1 share-exchange ratio and was approved by 99.95% of Cigniti shareholders, creating a ~$2.5 billion AI-native engineering services entity. Coforge is an Indian multinational IT services company.
CounselJSA
SectorTechnology
Sources
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