JP Morgan flagged appointment of Akhil Gupta as additional non-executive independent director and chairperson of Coforge, following prior board exits

Tue 29 Sep 2026

Heard on Live TV News Channel between 08:20:45 - 08:22:00 IST.

• Coforge's earlier chairperson Bhatt resigned after KPMG's internal audit flagged misrepresentation and omission of a key performance review finding.
• DK Singh, chairman of the nomination and remuneration committee, also resigned.
• JP Morgan noted the appointment of Akhil Gupta, former vice chairman of Bharti Enterprises and board member of Lodha Developers, Vodafone Idea (Yuthalsath Communications), Zepto and Snapdeal, as additional director and chairperson.
• JP Morgan said Coforge's board backfilled the chair position earlier than the guided three-month timeframe and could appoint another board member soon.
• The anchor called this a positive development given Gupta's track record, saying focus should now shift back to core performance, AI traction and the company's five-year goals.

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