IT services firm Coforge independent director DK Singh, who chaired the company’s nomination and remuneration committee (NRC), has resigned from the board with immediate effect, the company noted in a stock exchange filing on Friday, marking the second board-level exit at the IT services company within a week.
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.
