India, May 1 -- Coforge has formally completed its acquisition of Cigniti Technologies, closing a key chapter in a deal that has been closely watched for what it could mean for the company's next phase of growth. The closure follows strong shareholder approval and final clearance from the National Company Law Tribunal (NCLT), marking the completion of all regulatory requirements, including approvals from the Competition Commission of India (CCI) and the Securities and Exchange Board of India (SEBI).

The acquisition comes at a significant moment for Coforge. The company has positioned itself as an Artificial Intelligence (AI)-led engineering, data, and cloud services player, with a USD 2 billion enterprise core built around these capabili...