Syntel 8-K 2009
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported) April 27, 2009
(Exact Name of Registrant as Specified in Its Charter)
(State or Other Jurisdiction of Incorporation)
(Registrants Telephone Number, Including Area Code)
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligations of the registrant under any of the following provisions (see General Instruction A.2. below):
Paul R. Donovan, a director of Syntel, Inc. (Syntel), announced on April 27, 2009 that he is not standing for re-election to the Board of Directors of Syntel at Syntels 2009 Annual Meeting of Shareholders. His term of office as a director will expire as of Syntels 2009 Annual Meeting of Shareholders on June 2, 2009. Mr. Donovans decision not to stand for re-election does not arise from any disagreement on any matter relating to the Companys operations, policies, or practices.
With his decision not to stand for re-election, there will be a vacancy in Syntels Board of Directors. The Board of Directors has also increased the size of the Board from six to seven directors, effective as of the 2009 Annual Meeting of Shareholders, which will create an additional vacancy. Syntels Board of Directors has determined to fill those two vacancies by nominating George R. Mrkonic, Jr. and Keshav Murugesh to stand for election at the 2009 Annual Meeting of Shareholders. In addition, the remaining current members of Syntels Board of Directors, Paritosh K. Choksi, Bharat Desai, Prashant Ranade, Vasant Raval, and Neerja Sethi, have been nominated to stand for re-election at Syntels 2009 Annual Meeting of Shareholders.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.