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Satyam Computer Services Ltd.

Satyam Computer Services Ltd.

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Publicatie datum 13 jan 2009 - 09:47
Statutaire naam Satyam Computer Services Ltd.
Titel Satyam welcomes Government’s move to appoint Directors
Bericht Hyderabad, INDIA, January 9, 2009: Satyam Computer Services Limited (NYSE: SAY) today received a formal communication from the Government of India announcing the decision to nominate up to 10 persons of eminence, to its Board. The current Board has been suspended and the Board meeting originally scheduled for 10th Jan 2009 has been cancelled. The new Board is expected to meet within 7 days of its constitution and take necessary immediate action to ensure uninterrupted operations and restore stakeholder confidence. Welcoming the landmark decision, the company spokesperson stated, that it will go a long way in restoring the confidence of 53,000 employees and their families, 300,000 shareholders and 650 customers across the globe. The company confirmed that the Interim CEO, Mr. Ram Mynampati had earlier written on behalf of the Board to SEBI, Company Law Board, IT Secretary and to Trade bodies like NASSCOM and CII, seeking their recommendations to nominate a representative of their choice, to the Board, as Independent Directors.

Datum laatste update: 27 maart 2025