Coforge Chair Resigns Amid Audit Concerns

Coforge chairman Om Prakash Bhatt has resigned from his position, effective September 8, 2026. This decision follows an internal audit that identified concerns regarding the management and presentation of a board evaluation report. The audit specifically noted issues with the disclosure of material information about Bhatt's own performance to the board.

Bhatt, who previously chaired the State Bank of India, had been leading Coforge's board since 2024, with his term set to conclude in April 2027. The company's board discussed the audit's findings with Bhatt before he submitted his resignation. In his letter, Bhatt stated his belief that his continued presence would not be conducive to the board's effective functioning.

In response to the vacancy, Coforge has appointed Vivek Sharma, a non-executive independent director, as the interim chair. Sharma will serve in this capacity until January 31, 2027. The company has not provided further details on the specific undisclosed performance information.