BSE Ltd.

12/15/2023 | Press release | Distributed by Public on 12/15/2023 09:00

Order in the matter of Satyam Computers Services Limited

NOTICES
Notice No. 20231215-38 Notice Date 15 Dec 2023
Category Compliance Segment General
Subject Order in the matter of Satyam Computers Services Limited
Attachments Order in the matter of Satyam Computers Services Limited.pdf ;
Content

To

All Trading Members of the Exchanges<_o3a_p><_o3a_p>

Sub: Order in the matter of Satyam Computers Services Limited.<_o3a_p>

In continuation to the Exchange Notice No. 20231201-49 dated December 01, 2023, on the captioned matter.<_o3a_p>

SEBI vide its order no. WTM / AN / SRO/ SRO /29840/ 2023-24 dated November 30, 2023, has inter-alia stated that, "for the reasons elaborated in paras 93 and 94 of this Order, no directions of restraint/debarment is imposed on B. Suryanarayana Raju (PAN: ACEPB2811N), SRSR Holdings Pvt. Ltd. (PAN: AAKCS0134N), V. Srinivas (PAN: ABEPV4019P) and G. Ramakrishna (PAN : ACAPG1654L) by this Order. For the reasons elaborated in para 67 of this Order, notwithstanding the aforesaid directions, Ramalinga Raju, Rama Raju, V. Srinivas and G. Ramakrishna shall continue to remain under restraint as directed by the Hon'ble Supreme Court till appeals in C.A. Nos. 11298/2017, 8242/2017, 10215/2017, 9493/2017 and 9524/2017 are decided. Directions of restraint/debarment passed in this Order shall be subject to any direction by the Hon'ble Supreme Court in the aforesaid appeals."<_o3a_p>

Now, SEBI vide its email dated December 15, 2023, inter-alia stated that, "in accordance with Hon'ble Supreme Court direction, Vadlamani Srinivas and G. Ramakrishna are under restraint till their civil appeals are adjudicated by Hon'ble Supreme Court."<_o3a_p>

This Order is effective from the date of the order.<_o3a_p>

A copy of the said Order is attached herewith and available on the SEBI website www.sebi.gov.in.<_o3a_p>

Trading members are advised to take note of the same and ensure compliance.<_o3a_p>

<_o3a_p>

Jeevan Noronha Shubham Benere<_o3a_p>

Regulatory Correspondence Regulatory Correspondence<_o3a_p>

Date: December 15, 2023