HYDERABAD, INDIA: As it begins the bidding process to sell 51 per cent stakes in the company, Satyam Computer Services has clamped restrictions on employees regarding sharing of informations pertaining to the goings-on in the company.
Satyam chief executive officer A.S. Murthy, in a letter to the associates, warned them to think twice before they speak to potential investors, analysts, experts and media on predictions, valuation and forecasts, said a media report.
He said they should conform to the strict, restrictive publicity guidelines laid down by the market regulators in the US and India - Securities and Exchange Commission (SEC) of the U.S. and the Securities and Exchange Board of India (SEBI) - where the company’s shares are listed.
Murthy has also reportedly circulated a list of do’s and don’ts. No employee should post restricted information on the Internet nor initiate any meetings with analysts or securities firms, the circular said.
Get most out of your technology infrastructure investments with Dell
About CIOL | Media Kit | Site Map | Contact Us | Help | Write to us | Jobs@CyberMedia | Privacy Policy
Copyright © CyberMedia India Online Ltd. All rights reserved. Usage of content from web site is subject to Terms and Conditions.