Satyam top honchos were selling shares from April

The management of Satyam Computer Services Ltd, which has been having a tough time explaining the motive for the aborted $1.6-billion acquisition of Maytas Infra and Maytas Properties, will probably find it more difficult to explain the offloading of the company’s 6.01 lakh shares by its top management this financial year. To add to its woes, market regulator Securities and Exchange Board of India is studying the corporate governance issue concerning the Maytas deal.