Satyam results on Sept. 29

Sep 22, 2010 |

Correspondent

For the first time since its founder admitted to falsifying the company’s accounts, Satyam Computer will come out with its financials for fiscal years 2008-09 and 2009-10 on September 29. The board of Satyam, now acquired by Mahindra Group and since renamed Mahindra Satyam, will review the audited accounts of the company and the same would be submitted to the Company Law Board, a senior company official said. Satyam’s founder, Mr B. Ramalinga Raju, had in January 2009 admitted to fudging the company's accounts for years. “The official process of merger of Mahindra Satyam and Tech Mahindra will begin soon after that,” a source said.

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