Coforge shares slide 5.24% following Chairman OP Bhatt's resignation over board evaluation gaps
On Wednesday, shares of Coforge declined by 5.24% to end at ₹1,846.90, following the immediate resignation of its Chairman, OP Bhatt. The ex-State Bank of India Chairman relinquished his positions as Non-Executive Independent Director and Board Chairman due to issues raised regarding the firm's board evaluation procedure. An internal audit had identified discrepancies in the evaluation process and the sharing of related details.
by shortkt.com✓