Amalgamation
As filed · Amalgamation/Merger
M&AWatchMajormateriality 81 out of 100
What happened
FactAmalgamation/Merger. Regulations, 2015 as amended (“Listing Regulations”) – Scheme of Amalgamation. “1 (One) equity share of the Transferee Company of INR 2/- (Rupees Two) each fully paid up for every 1.
Why it matters
CapitSignal interpretationA merger fixes a share-exchange ratio, which permanently sets how much of the combined company existing holders own.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Order Book
WithdrawnEarlierQ2 FY26
Order intake of $514 Mn during the quarter
NowQ2 FY26
Five large deals signed during the quarter
Change
FactGuidance withdrawn
Implication
CapitSignal interpretationDetected a change between two statements on this topic.confidence 60%
Earlier statement · Q2 FY26Latest statement · Q2 FY26
Guidance
RevisedEarlierFY25
AI-led engineering + Data + Cloud services alone are likely to deliver US$2Bn revenue in FY'27.
NowFY25
AI led product engineering business is likely to be a US$1.25Bn+ business
Change
FactTarget revision
Implication
CapitSignal interpretationThe earlier statement projected US$2Bn revenue from AI-led engineering, Data, and Cloud services by FY'27, while the current statement projects US$1.25Bn+ for AI-led product engineering alone.confidence 90%
Earlier statement · FY25Latest statement · FY25
Guidance
RevisedEarlierFY25
Cloud services a ~US$500Mn business
NowFY25
Data engineering a ~US$250Mn+ business
Change
FactTarget revision
Implication
CapitSignal interpretationThe earlier statement projected cloud services as a ~US$500Mn business, while the current statement projects data engineering as a ~US$250Mn+ business.confidence 90%
Earlier statement · FY25Latest statement · FY25
Watch next
Fact- Swap ratio and its valuation basis
- Regulatory and NCLT approvals required
- Appointed date
- AI led product engineering business is likely to be a US$1.25Bn+ business (management committed by FY27)
- AI-led engineering + Data + Cloud services alone are likely to deliver US$2Bn revenue in FY'27. (management committed by FY27)
Evidence
- Coforge Limited has informed the Exchange about amendment in scheme of Amalgamation/Merger(opens the original filing in a new tab)
- Earlier statement · Q2 FY26
- Latest statement · Q2 FY26
- Earlier statement · FY25
- Latest statement · FY25
- Earlier statement · FY25
- Latest statement · FY25
How CapitSignal classified this
- Reasoning:
- MERGER base 74; +2 corroborating keywords; +5 quantified amount; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 90%