Satyam Computer Services Ltd.
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Publicatie datum
30 dec 2008 - 13:13
Statutaire naam
Satyam Computer Services Ltd.
Titel
Dilution of Promoter's stake in Satyam possible
Bericht
Satyam Computer Services Ltd. (NYSE:SAY), a leading global consulting and IT services provider, today announced that the stake in the company held by the promoters may have been reduced as a result of routine actions by the promoters’ lenders.
The promoters informed Satyam that all their shares in the company were pledged with institutional lenders, and that some lenders may exercise or may have exercised their option to liquidate shares at their discretion to cover margin calls.
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