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UNCOVERED: Op bhatt - The Untold Story

Coforge shares fall over 3%. What are Jefferies, Emkay saying after Chairman, independent director exit?

Coforge shares fell after independent director and NRC chairperson DK Singh resigned, days after chairman OP Bhatt stepped down, raising concerns over the board changes. However, the company reiterated its FY27 guidance, retaining its targets of 20.5–21% consolidated EBITDA margin.

The Economic Times

Coforge appoints Egon Zehnder to recruit two independent directors

Coforge is hiring Egon Zehnder to find two new independent directors. This follows the recent resignations of its chairman and a committee head. An internal audit flagged governance lapses in their board evaluation handling. The company stated these issues do not impact its operations or financials. Coforge's financial guidance and…

The Economic Times

Coforge says independent director resigns over internal tensions

DK Singh’s resignation follows the exit of former chairman Om Prakash Bhatt on Tuesday. Singh and Bhatt, under Bhatt's instructions, had suppressed certain material information from the company's board evaluation report. This was questioned by the firm's internal auditor KPMG, as ET reported exclusively on Thursday.

The Economic Times

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Coforge shares rise 2% as Nuvama, other brokerages say concerns around Chairman's resignation are overdone

Coforge shares recovered after brokerages retained Buy calls, saying concerns over Chairman Om Prakash Bhatt’s resignation are overdone. Nuvama and Motilal Oswal see limited business impact and remain positive on the company’s growth outlook.

The Economic Times

Adani-Hindenburg case verdict: Key takeaways

The Hindu decodes the key takeaways from the Supreme Court’s verdict in the Adani-Hindenburg case

The Hindu

Adani-Hindenburg case | Petitioner alleges links between SC’s expert committee members and Adani, wants fresh panel

Petitioner urges SC to form fresh expert committee to investigate Adani-Hindenburg case, citing conflict of interest in current one. Members of current committee include O.P. Bhatt, J.P. Devadhar, K.V. Kamath, Nandan Nilekani and Somasekhar Sundaresan

The Hindu

Petition alleges ‘conflict of interest’ in SC-appointed panel to investigate Adani Group

A new petition filed in the Supreme Court has alleged “conflict of interest” involving members of the expert committee set up to investigate allegations against the Adani Group.

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