Tech Mahindra, the new owner of Satyam, is likely to have full-board representation on the scam-tainted company soon as the government withdraws its six board members anytime next month.

The company got the indication from Company Law Board that once the four Tech Mahindra nominees join the Satyam board in 1 June, CLB may direct the government - nominated board members to resign and ask Tech Mahindra to have the entire board representation any day after that.

It may give the direction after getting status report from the company. But at the moment there was no such request either from the government or any of the board members appointed by it.

Thier (the government-inducted board’s) job is done. There is a new owner now, there is stability in the company”.

The company, according to sources, is also looking at changing the brand of Satyam like name and logo as it perceives the word fraud is now associated with it forever.

These are long term policy decisions and can only happen once Tech Mahindra fully takes over. Also Satyam Computer Services’ has more than 10,000 excess staff and revenues remained on a downward slope.

The government quickly stepped in and sacked the board to limit damage to India’s once-shining IT sector. Satyam lost some customers and the company was yet to stem the losses.