Tech mahindra
Tech mahindra

Satyam receives SEBI approval

Hyderabad, 22 April 2009: Satyam Computer Services Ltd. (NYSE: SAY; BSE: SATYAM; NSE: SATYAMCOMP) (the "Company"), announced today that the Securities and Exchange Board of India (the “SEBI”) had, by letter dated 20 April, 2009 (the “SEBI Letter”), as clarified by a letter dated 21 April, 2009 (the “SEBI Clarification Letter”), granted certain relaxations/exemptions/permissions from strict compliance with applicable SEBI regulations in connection with the process followed by the Company pursuant to Regulation 29A of the SEBI Takeover Regulations to select an investor.

As previously disclosed by the Company, SEBI had previously granted certain in-principle exemptions/relaxations from applicable SEBI regulations and guidelines in connection with the process to be followed by the Company pursuant to Regulation 29A of the SEBI Takeover Regulations to select an investor.

This press release, the SEBI Letter and the SEBI Clarification Letter are being furnished to the U.S. Securities and Exchange Commission (the “SEC”) on Form 6-K, and are available to the public over the Internet on the SEC’s website at

Satyam Contacts:

For clarifications, write to us at Or contact our global Satyam PR representatives at:


Archana Muthappa



Bob Olivier



Sandeep Thawani



Dan Bleakman



Reshma Wad Jain



Tech Mahindra represents the connected world, offering innovative and customer-centric information technology services and solutions, enabling Enterprises, Associates and the Society to Rise™. We are a USD 4.2 billion company with 107,200+ professionals across 90 countries, helping over 818 global customers including Fortune 500 companies. Our innovation platforms and reusable assets connect across a number of technologies to deliver tangible business value to our stakeholders. Tech Mahindra is also amongst the Fab 50 companies in Asia as per the Forbes 2016 List.

We are part of the USD 17.8 billion Mahindra Group that employs more than 200,000 people in over 100 countries. The Group operates in the key industries that drive economic growth, enjoying a leadership position in tractorsutility vehicles,after-marketinformation technology and vacation ownership.

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