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Akhil Gupta Appointed Coforge Chairperson, Shares Rise 2% Amid Leadership Change

Akhil Gupta has been appointed Chairperson of Coforge, a role that will commence on 29 September 2026 and span five years. The board announced the appointment in a regulatory filing late last night. Following the announcement, Coforge shares rose as much as 2.3 %, reaching an intraday high of ₹1,813.80 on the National Stock Exchange on Tuesday, 29 September, up from Monday’s closing price of ₹1,773. The move reflects investor confidence in the new leadership for the.

Akhil Gupta brings more than 40 years of experience. He previously served as Vice Chairman of Bharti Enterprises, where he played a pivotal role in the company’s growth from its inception. Gupta also chairs the boards of 360 ONE WAM Ltd and Bharti Life Insurance Ltd. Additionally, he sits on the boards of Zepto, Snapdeal, Eutelsat Communications and Lodha Developers. His extensive governance record is highlighted by Coforge’s statement that he will contribute strategic perspectives and professional expertise to the board.

Vivek Sharma, Non‑Executive Director and interim Chairperson, welcomed the appointment. He said the board had conducted a rigorous global search in partnership with Egon Zehnder, focusing on governance experience, professional expertise and strategic perspectives. Sharma noted that a starting list of 60 candidates was narrowed over time, and Gupta emerged as the unanimous choice of all members of the NRC and the Board. He thanked fellow board members for their weekend and time‑zone work to ensure full support and compliance with NRC and Board processes.

Sudhir Singh, CEO and Executive Director, praised Gupta’s role in guiding Bharti Enterprises through multiple business shifts. He added that as the industry moves into an AI‑led era and Coforge pivots to deliver AI solutions for enterprises, Gupta’s governance experience will be valuable. Singh expressed excitement about the opportunities ahead and welcomed Gupta as a person of calibre who will help realise the promise of AI for enterprises.

Coforge reported a 110 % year‑on‑year surge in profit after tax (PAT) to ₹518.6 crore in the April‑June quarter of FY27. In US dollars, PAT stood at $55.6 million, up 46 % YoY. Revenue rose 49 % YoY to ₹5,527.7 crore, equivalent to $592.2 million, up 33 % YoY. The results reflect the company's focus on digital transformation and AI initiatives, with operating margins improving and client base expanding across sectors.

At 10:27 AM on 29 September, the stock traded 0.42 % higher at ₹1,780.40 per equity share. Over the past week, shares have fallen more than 1 %, and over the month, down 12 %. Year‑to‑date, the share price has risen 7 %. The 52‑week high of ₹2,021.20 was reached on 31 August, while the lowest price of ₹1,008.10 occurred on 17 March. As of 29 September, Coforge’s market capitalisation stood at ₹78,881.11 crore on the NSE.