In a bid to enhance the shareholders’ value, country’s No. 4 software services exporter, Satyam Computer Services has decided to engage the services of DSP Merrill Lynch.

Earlier on Saturday evening, the company decided to postpone its December 29 meeting and also enlarged the agenda, which was only to discuss the buyback option.

It is learnt that the Satyam Computer Services could also see a change in the composition of its board when it meets on January 10 (as against the earlier date of December 29).

The company had been criticized to erode shareholders’ value, Satyam Computer Services has decided to engage the services of DSP Merrill Lynch.

While lecturing on the current situation of the company, B Ramalinga Raju, chairman and founder of Satyam said, “Satyam has decided to broaden the scope of its deliberations beyond a possible buyback of its stock. Satyam's board of directors recognizes the serious nature of certain questions raised by the events of the last two weeks.”

A statement released by the company adds, “The company intends to address issues arising from a possible dilution of the promoter’s stake in the company.”

Commenting over the question of stepping down of the company’s chairman B Ramalinga Raju, an independent director BS Raju said, “I am not looking for a change in management.”