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Coforge independent director D.K. Singh resigns from board amid governance turmoil

In his resignation letter, Singh cited the “unfortunate events of the past several weeks” and Bhatt’s resignation earlier this week as the reasons behind his decision.

Coforge independent director D.K. Singh resigns from board amid governance turmoil
In his resignation letter, Singh said the decision followed the “unfortunate events of the past several weeks” and Bhatt’s resignation earlier in the week.

“While I welcome constructive debate and different viewpoints, I believe the current circumstances may make it increasingly difficult for me to effectively fulfill my responsibilities as an independent director and, most importantly, to exercise the independent judgment I believe is necessary to act in the best interests of the company and all of its shareholders,” Singh said.

Singh also said that when he joined Coforge’s board in 2024, the company was transitioning from a private equity-led board to a more independent board. While he believed the transition was moving in the right direction, he said it had also created differences and tension, particularly between independent and executive directors.

He said the addition of new board members could again lead to changes in direction and priorities in areas such as strategy, transparency and compensation.

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Reported by @business_today · Syndicated via official news feed

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