Satyam Computer Services Ltd said on Tuesday it plans to list its American Depository Shares on Euronext in Amsterdam.
As the New York Stock Exchange, Euronext and NSE are affiliated entities, upon listing on Euronext, it would establish its association with all three exchanges under one group, strengthening its presence in these three important markets, Satyam said in a communique to the Bombay Stock Exchange.
With the Euronext listing, Satyam would become the first Indian company to list on three major exchanges around the world, making itself globally-tradeable entity.
"A Euronext listing
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is a significant and exciting move for the company, reinforcing our position as a global organisation," Satyam Chairman Ramalinga Raju said.