Coforge has accepted the resignation of DK Singh as an independent director and chairperson of its Nomination and Remuneration Committee (NRC), effective September 10, 2026. Singh cited differences and tension between independent and executive directors as the material reason for his departure.

The Board of Directors stated that Singh’s resignation followed an internal audit review of the Board Evaluation Exercise conducted during the July-September 2026 quarter. The internal auditor observed that evaluation reports were available only to the NRC Chair and the Chairman of the Board, and were not shared with other board members, including other independent directors. The auditor noted that the manner in which findings were presented did not cover all relevant aspects.

Board Response to Resignation

The Board disputed Singh’s claim of tension, stating that allegations of differences between independent and executive directors are unfounded. It highlighted that since 2024, the Board has operated with unanimity in approving business strategy and governance decisions. The Board noted that minutes of all meetings reflect cohesion among members.

During this period, the company executed several strategic milestones, including:

• Divestment of the AdvantageGo business
• Exit from the data centre business
• Acquisition of Encora
• Execution of the Sabre contract
• Decision to exit the loss-making India Government business

The Board emphasized that there has been no change in strategic direction or priorities with the addition of new board members. It reiterated that the Board will continue to act in the best interest of all stakeholders with integrity and transparency.

Committee Reconstitution

With Singh’s exit, the Board reconstituted the NRC and Stakeholders’ Relationship Committee (SRC). Ms. Beth Boucher, a Non-Executive Independent Director, was designated as the Chairperson of the NRC.

Mr. Vivek Sharma will serve as interim Chair until January 31, 2027. He will lead a global search for additional independent directors and oversee the process of electing a new Chair, considering both existing and newly appointed directors.

Context on Board Dynamics

Singh’s resignation letter noted that his decision followed the recent resignation of Chairman OP Bhatt earlier in the week. Singh had accepted a five-year second term with the board in February 2026 after completing his first two-year term. Similarly, OP Bhatt had agreed to a five-year second term in July 2026 after completing his first three-year term.

The Board pointed out that the Board Evaluation Report recorded the highest possible score of 5 out of 5 for the performance of the Executive Director (CEO). This rating was given by four Independent Directors and one Executive Director, which the Board cited as evidence of alignment and confidence between independent and executive directors.

The Board Meeting that approved these changes commenced at 5:45 pm and concluded at 5:51 pm on September 11, 2026.

Coforge announced TechCon 2026, its flagship global technology event scheduled for September 15-16, 2026. The initiative aims to help enterprises move from AI experimentation to widespread operational adoption across multiple regions.

The event will take place simultaneously in India, North America, the UK, Europe, Australia, and LATAM. It brings together the company's 46,000 employees alongside technology leaders, clients, hyperscalers, and ecosystem partners.

Workforce Readiness Focus

Company leadership stated that the primary barrier to AI adoption is no longer technology but the ability to reinvent operating models and business processes. TechCon is designed to develop workforce capabilities required to build intelligent enterprises.

Sudhir Singh, Chief Executive Officer and Executive Director, emphasized the need for talent and operational discipline to deploy AI responsibly. He noted that the company is building the skills and engineering discipline necessary to embed intelligence into business operations effectively.

Key Event Components

The centerpiece of TechCon 2026 is a company-wide AI hackathon that attracted more than 3,000 participants. An Innovation Showcase will highlight how AI can transform operations, accelerate decision-making, and unlock new sources of growth.

Sunil Fernandes, Chief Operating Officer, described the AI era as creating a competitive reset across industries. He stated that TechCon builds the skills and ecosystem partnerships needed to help clients operationalize intelligence across the enterprise.

About Coforge

Coforge describes itself as an AI-native engineering services leader. The company uses AI and hyperspecialized industry expertise to engineer autonomous enterprises. Its solutions combine AI agents with an AI-enabled workforce, including specialized Full Delivery Engineers in hybrid pod-based delivery units.

The company focuses on trusted AI, ensuring solutions are secure, governed, and enterprise-grade. It aims to deliver measurable business outcomes such as lower operating costs, faster cycle times, and sustained margin growth.