R C Sinha, Maytas Infra Chairman resigns

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Maytas Infra
Hyderabad, Jan 8: R C Sinha, Chairman and Non Executive Director of Construction firm, Maytas Infra Ltd has resigned from his post on Thursday, Jan 8 stating personal reasons.

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As of Sept 2008, Maytas Infra's shareholding pattern was: Ramalinga Raju's son Teja Raju held 2.53 per cent stake, while the entire promoter group, which includes other members of the Raju family, holds over 36 per cent.

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Satyam to meet the press at 5 pm

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Meanwhile, Satyam Computers will hold a press meet at 5 pm on Thursday, Jan 8, a day after the firm's Chairman quit after disclosing that profits had been falsely inflated for years.

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Senior management, likely to include interim CEO Ram Mynampati, will address the media, a spokeswoman said.

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OneIndia News (With inputs from Agencies)

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