Satyam accepts resignation of Independent Director

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Satyam accepts resignation of Independent Director

Satyam Computer Services Ltd. (NYSE:SAY), a leading global consulting and IT services provider, today announced the resignation of Prof. Mendu Rammohan Rao, Non-Executive & Independent Director, from its Board.

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Satyam Computer Services Ltd. (NYSE:SAY), a leading global consulting and IT services provider, today announced the resignation of Prof. Mendu Rammohan Rao, Non-Executive & Independent Director, from its Board.

Earlier, as widely reported in the media, another independent director, Dr. Mangalam Srinivasan had resigned effective December 25, 2008.  

B. Ramalinga Raju, Chairman and Founder, while thanking them for their valuable contributions, reiterated the importance of attending to the agenda item relating to reconstitution of the Board in the forthcoming Board Meeting. 

Sourced From: IPAN