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Mid-Tier IT Firm Completes the Acquisition of a 54 Per Cent Stake in Cigniti Technologies

The final tranche of the acquisition was completed on December 20, 2024, through an off-market transaction, with Coforge purchasing an additional 59,54,626 equity shares, representing 21.62 per cent of Cigniti’s expanded voting share capital.

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The company acquired a total of 1,48,75,357 equity shares, which amounts to 54 per cent of the expanded voting share capital of Cigniti.

 

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