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Coforge boardroom rift deepens as NRC chair Singh quits
Bengaluru: Coforge boardroom tensions deepen as independent director and Nomination and Remuneration Committee (NRC) chair DK Singh resigned with immediate effect, citing “differences and tension” between independent and executive directors and concerns over changes in strategy, transparency and compensation. Singh’s resignation comes days after chairman OP Bhatt stepped down and amid an internal audit review that the company says raised concerns involving the board chairman and NRC chair.
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thehindubusinessline.com
Coforge chairman Om Prakash Bhatt resigns after audit
Coforge chairman Om Prakash Bhatt has resigned after an internal audit raised concerns over the handling of a board evaluation report.
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m.economictimes.com
Coforge shares crash 9% after Chairman Om Prakash Bhatt resigns post audit
Coforge shares fell after Chairperson Om Prakash Bhatt resigned. An internal audit identified concerns regarding the board evaluation process and its presentation. Bhatt stated…
