KPMG found “misrepresentation” and incorrect representation of data in a board evaluation at Coforge after former chairman OP Bhatt omitted the section showing he had received the lowest performance rating from fellow directors, sources said.
The internal auditor found the issue while reviewing the supporting documents behind the board evaluation as part of its governance audit, according to people familiar with the matter. KPMG reviewed the original evaluation report, board minutes and recordings of the meetings in which the findings were presented, the sources said.
Coforge appointed KPMG Assurance and Consulting Services LLP as its internal auditor for FY26, according to the company's annual report for the year.
The review found that the information presented to the board did not fully reflect what was contained in the original report. The most significant finding was that Bhatt had received the lowest rating for his performance from other directors but that part of the report was not presented to the board, they added.
Bhatt has served as the chairman and chief executive equivalent of the State Bank of India (SBI) from 2006 to 2011, and was on the boards of more than 10 major corporate, financial, and public sector enterprises throughout his career, including Tata Consultancy Services and Oil and Natural Gas Corporation.