Coforge has acquired 7,639,492 equity shares aggregating to 27.98% of paid up share capital of Cigniti Technologies. Consequently, the existing five out of six directors of Cigniti have resigned and Coforge has appointed Executive Director, Non-Executive Director and Independent Director on the board. In May 2024, the company had announced about entering into share purchase agreements with the promoters and select public shareholders of Cigniti Technologies and trigger of an open offer pursuant to execution of such share purchase agreements . Powered by Capital Market - Live News

Coforge has on 04 July 2024, acquired 3,021,293 equity shares aggregating to 11.07% of current paid up share capital & 10.97% of the expanded capital of Cigniti Technologies as per draft letter of open offer dated 16 May 2024. The purchase was made on the floor of the stock exchanges and was pursuant to the Share Purchase Agreement entered into with select public shareholders.Powered by Capital Market - Live News

Coforge received the Great Place To Work� Certification� from the esteemed Great Place To Work India for the fourth consecutive year. Great People co-create Great Workplaces and this prestigious recognition underscores Coforge`s unwavering commitment to fostering a positive, engaging, and supportive work environment. Coforge continues to prioritize employee satisfaction, growth, and the well-being of its employees and meets the institute`s stringent assessment criteria.The Great Place To Work Assessment is considered a `Gold Standard` in workplace Culture assessment. Great Place To Work measured employee perceptions among 5000 Coforge employees using the rigorous Great Place To Work Trust Index™ Employee Survey.Powered by Capital Market - Live News

Coforge has been honored with the Intelligent Automation award from Pegasystems, the leading enterprise AI decisioning and workflow automation platform provider, for its work in demonstrating exceptional capabilities in delivering end-to-end automation solutions for a leading American insurance company. Coforge`s automation solutions, based on Pega, helped the firm to optimize business processes, enhance customer experiences, and drive operational efficiency to support their clients in achieving significant business outcomes. The Coforge leadership team received the trophy at the Partner Excellence Awards during PegaWorld iNspire in Las Vegas. The Pega Partner Awards celebrate organizations that empower Pega customers to thrive by offering innovative solutions that enhance customer agility and drive competitive advantagePowered by Capital Market - Live News

Coforge will hold a meeting of the Board of Directors of the Company on 22 July 2024.Powered by Capital Market - Live News