Coforge Limited has announced key leadership changes involving the departure of two senior personnel. Anup Kumar, EVP & Head of M&A, and Manish Hemrajani, Head of Investors Relations, have both resigned from their respective positions, effective from the close of business on April 17, 2026. Anup Kumar leaves after a successful two-year tenure marked by significant inorganic growth and corporate expansion for the firm.
Strategic Leadership Transition
Coforge has confirmed the departure of two prominent members of its senior leadership team. Anup Kumar, who served as the EVP & Head of M&A, and Manish Hemrajani, Head of Investor Relations, both concluded their tenures with the company as of the close of business on April 17, 2026. The firm officially notified the stock exchanges of these changes on April 18, 2026.
Reflecting on M&A Growth
In his resignation note, Anup Kumar highlighted a period of intense growth and transformation for the company. During his two-year stint, Coforge executed five major acquisitions, including Xceltrait, TMLabs, Rythmos, Opt ML, and Encora, while also successfully integrating Cigniti. Additionally, the company divested the Advantage Go business to focus on its core service portfolio.
Financial and Strategic Impact
Under the leadership of the M&A team, Coforge experienced substantial scale, with revenue growing from $1.1 billion in May 2025 to $2.5 billion following the completion of the Encora transaction. Anup Kumar cited his intention to pursue an entrepreneurial path as the primary driver for his decision to step down as the company prepares to finalize its latest strategic acquisitions.
Source: BSE
