Satyam's next board meeting on Saturday-member

Satyam Computer Services Ltd (SATY.BO: Quote, Profile, Research) will hold its next board meeting on Saturday and the company had receivables of 17 billion rupees ($347 million), a new board member said on Thursday.

"Satyam has receivables of 1700 crore rupees (17 billion rupees)," Deepak Parekh, who was appointed to the firm's board by the government on Sunday, told reporters.

He spoke before a meeting with federal Corporate Affairs Minister Prem Chand Gupta.

Asked when the next board meeting would be held, Parekh said "Saturday".