Wednesday, April 15, 2009

Satyam seeks appointment of more directors on board

15 Apr 2009, PTI

NEW DELHI: Satyam Computer Services today sought Company Law Board (CLB) nod to appoint four new directors on its board.


The Hyderabad-based company has approached CLB for appointment of Vineet Nayyar, Ulhas N Yargop, C P Gurunani and Sanjay Kalra, all senior functionaries of Tech Mahindra, on the board of Satyam.

This follows Tech Mahindra emerging as the highest bidder for acquiring Satyam Computer Services on Monday.

CLB is likely to give its decision on the plea of Satyam tomorrow.

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