Satyam Computer Services Ltd has informed that the Board of Directors of the Company allotted 30,27,64,327 equity shares on preferential basis to M/s. Venturbay Consultants Pvt. Ltd a subsidiary controlled by Tech Mahindra Ltd, vide circular resolution dated May 05, 2009.
Further, consequent to the above allotment, the paid up share capital of the Company has gone up from 67,39,58,020 equity shares of Rs 2/- each aggregating Rs 134,79,16,040.00 to 97,67,22,347 equity shares of Rs 2/- each aggregating Rs 195,34,44,694.00.
Further, consequent to the above allotment, the paid up share capital of the Company has gone up from 67,39,58,020 equity shares of Rs 2/- each aggregating Rs 134,79,16,040.00 to 97,67,22,347 equity shares of Rs 2/- each aggregating Rs 195,34,44,694.00.
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