According to Raju, Ram Mynampati will now act as an interim CEO. Raju said Merrill Lynch could be entrusted to explore merger options and he has asked auditors for restatement of accounts in light of the new facts.
Also read: Consulting stock exchanges to decide course of action: Sebi Satyam: Infy says outsourcing may be hit See Satyam stock at Rs 10: Shankar Sharma Outraged auditors see action from regulators ahead Min of Corp Affairs seeks registrar's report on Satyam LIC still confident about Satyam's potential as a Co FICCI, Nasscom call for revamp of corp governance norms B Ramalinga Raju’s letter to Board
Satyam's Balance Sheet Profit & Loss
To Read Raju's Letter To Board Please Check Attachment.
To Read Ram Mynampati's letter to all employees Please Check Attachment. |
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