Coforge Limited (NSEI:COFORGE) made an offer to acquire a 26% stake in Cigniti Technologies Limited (BSE:534758) for INR 10.1 billion on May 2, 2024. Coforge Limited will acquire upto 7.16 million shares at INR 1,415 each. As of June 25, 2024, Competition Commission of India (CCI) has approved acquisition of certain equity shares of Cigniti Technologies by Coforge.

IIFL Securities Limited (NSEI:IIFLSEC) acted as financial advisor to Coforge Limited (NSEI:COFORGE). Link Intime India Pvt. Ltd. acted as registrar to Coforge.