Management Change9 Sept 2026, 07:30 am
Coforge Chairperson Resigns; Interim Appointed
AI Summary
Coforge Ltd announced the resignation of its Non-Executive Independent Director and Chairperson, Mr. O P Bhatt, effective immediately. The resignation follows concerns identified in an internal audit review regarding the presentation of the Board Evaluation Report. The Board has noted the resignation and thanked Mr. Bhatt for his services. Concurrently, the Board has designated Mr. Vivek Sharma, a Non-Executive Independent Director, as the interim Chairperson until January 31, 2027. Mr. Bhatt also ceases to be a member of the company's committees. The company has provided additional details as required by SEBI Listing Regulations.
Key Highlights
- Coforge Chairperson Mr. O P Bhatt resigns effective immediately.
- Resignation follows internal audit concerns on Board Evaluation Report presentation.
- Mr. Vivek Sharma appointed interim Chairperson until January 31, 2027.
- Mr. Bhatt also ceases committee memberships.
- No material reason for resignation other than stated.
Price Impact
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