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CCI approves acquisition of certain equity shares of Cigniti by Coforge
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....CI approves acquisition of certain equity shares of Cigniti by Coforge <br>News and Press Release<br>Dated:- 26-6-2024<br><BR>The Competition Commission of India (CCI) has approved acquisition of cert....
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....ain equity shares of Cigniti Technologies Limited (Cigniti) by Coforge Limited (Coforge). The proposed transaction relates to the acquisition of at least 50.21% and up to 54% shareholding on a fully ....
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....diluted basis of Cigniti by Coforge pursuant to the execution of share purchase agreements and mandatory open offer in accordance with the Securities and Exchange Board of India (Substantial Acquisiti....
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....on of Shares and Takeovers) Regulations, 2011 (Proposed Combination). Coforge is a public company, and its equity shares are listed on the National Stock Exchange of India Limited (NSE) and BSE Limit....
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....ed (BSE). Coforge including its affiliates, is engaged in the provision of information technology (IT) and IT enabled services (ITES) and its sub-segments, in India. Cigniti is a public company and i....
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....ts equity shares are listed on NSE and BSE. Cigniti including its affiliates, is engaged in the provision of IT and ITES and its sub-segments, in India. Detailed order of the CCI will follow.<BR> New....
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....s - Press release - PIB....