Coforge says chairman OP Bhatt instructed to hide audit findings from other board members
By
, ET Bureau
Synopsis
Coforge chairman OP Bhatt resigned two days after board evaluation findings were withheld. The internal audit revealed these crucial reports were not shared with other directors. Key investors confronted Bhatt with the review's findings concerning his performance. Bhatt's reappointment as an independent director failed to secure sufficient shareholder support. The company stated the board evaluation process is separate from financial reporting.
