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Karnik hails Sebi amendment to takeover regulations

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Press Trust of India Mumbai

Satyam Computer Chairman Kiran Karnik today welcomed the Sebi amendment to the takeover regulations.

"I have not seen the Sebi amendment in great detail but welcome this move as it helps us (Satyam board) to move quickly (on the sale process)," Karnik told reporters on the sidelines of the Nasscom summit here.

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"We were waiting for Sebi to come out with its norms as it defines our further process," Karnik said.

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First Published: Feb 13 2009 | 9:11 PM IST

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