Coforge independent director resigns citing board tensions after chairman's exit
· Business · Economic Times, Moneycontrol
IT firm Coforge announced non-executive director DK Singh's resignation, citing tensions between independent and executive directors. This follows chairman Om Prakash Bhatt's recent departure after withholding his poor board evaluation rating. The company faces governance challenges amid these high-profile exits. Coforge shares had dropped 7% earlier when Bhatt resigned over audit concerns.
Why it matters
The leadership turmoil raises corporate governance questions at a major IT services provider, potentially affecting investor confidence and operations.
Read the original report — Economic Times
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