UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported) September 30, 2004
-------------------------------
Syntel, Inc.
--------------------------------------------------------------------------------
(Exact Name of Registrant as Specified in Its Charter)
Michigan 0-22903 38-2312018
--------------------------------------------------------------------------------
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
525 E. Big Beaver Road, Suite 300, Troy, Michigan 48083
--------------------------------------------------------------------------------
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code (248) 619-2800
-----------------------------
--------------------------------------------------------------------------------
(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
follwing provisions (see General Instruction A.2. below):
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act (17 CFR 240.13e-4(c))
1
Item 5.02 Departure of Directors or Principal Officers; Election of Directors;
Appointment of Principal Officers.
Syntel, Inc. (the "Company") promoted Keshav Murugesh to Chief Operating
Officer, effective October 1, 2004. Mr. Murugesh is presently serving as the
Company's Chief Financial Officer. The Company has initiated an executive search
for the role of Chief Financial Officer. Mr. Murugesh will continue to exercise
his duties as Chief Financial Officer until a replacement is appointed.
Mr. Murugesh, age 41, joined the Company as Chief Financial Officer in May 2002.
Prior to joining Syntel, Mr. Murugesh served as Vice President, Finance at ITC
Infotech Ltd. in India, from October 2000 to May 2002. Prior to that assignment,
Mr. Murugesh served as Finance Head, Information Systems Business from August
1999 to September 2000 and General Manager-Investments, Financial Services
Division from 1998 to July 1999, both also at ITC. ITC is a large, publicly-held
conglomerate in India with ventures in consumer products, hospitality,
agriculture, information technology and financial services.
Item 9.01 Financial Statements and Exhibits
(c) Exhibits.
Exhibit
Number
99.1 Press Release dated September 30, 2004 announcing
appointment of Keshav Murugesh.
2
SIGNATURES
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.
Syntel, Inc.
-------------------------------------------
(Registrant)
Date September 30, 2004 By /s/ Daniel M. Moore
------------------------- ----------------------------------------
Daniel M. Moore, Chief Administrative
Officer
3
EXHIBIT INDEX
Exhibit No. Description
99.1 Press Release dated September 30, 2004.
4