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The Hindu·3 min read·medium

After O.P. Bhatt, Coforge NRC chair D.K. Singh resigns amid board tensions

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PTI
After O.P. Bhatt, Coforge NRC chair D.K. Singh resigns amid board tensions
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Coforge's non-executive director D.K. Singh has resigned following the departure of Chairman O.P. Bhatt, citing internal board tensions. The company has refuted these claims, attributing the exits to governance lapses identified during an internal audit.

Why it matters

This high-level boardroom fallout highlights ongoing corporate governance challenges and leadership instability within a major IT services firm.

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In another major boardroom fallout at Coforge, its non-executive independent director and Nomination and Remuneration Committee Chairperson D.K. Singh has resigned, alleging "differences and tension" between independent and executive directors.

The IT services firm, however, refuted Mr. Singh’s claims as "unfounded" and an "afterthought", saying his resignation followed an internal audit review that flagged governance lapses in how he and former Chairman O.P. Bhatt handled a board evaluation exercise.

The development comes just days after Mr. Bhatt abruptly stepped down as Chairman of Coforge following the internal audit’s findings that he and Mr. Singh withheld crucial board evaluation reports, including the lowest rating assigned to the Chairman’s category, from other board members.

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