All efforts are being made to ensure that Satyam's employees are paid their salaries on time, the board said.

The board is still searching for a new chief executive and new financial officer. It did not confirm as interim CEO Ram Mynampati, a former Satyam business unit head. The board said it was interested in bringing in "fresh blood" for the CEO role.

Until a new CEO and CFO are appointed, the board will meet weekly to address ongoing issues, it said.

The board members have been in contact with customers, who in turn have expressed their continued support. The board also has not heard of deliveries to customers being affected in any way, it added.