Syntel, Inc. (NASDAQ:SYNT) Files An 8-K Other Events

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Syntel, Inc. (NASDAQ:SYNT) Files An 8-K Other Events

Item8.01.

Other Events.

On November 16, 2016, Syntel, Inc. (the Company) issued a press
release announcing a stock repurchase plan under which the
Company may repurchase shares of common stock with a total value
not to exceed $10,000,000.00.A copy of the press release is
attached to this Report as Exhibit 99.1.

The information contained in this Current Report, including
Exhibit 99.1, is being furnished and shall not be deemed to be
filed for the purposes of Section 18 of the Securities and
Exchange Act of 1934 (the Exchange Act) or otherwise subject to
the liabilities of that Section, nor shall it be deemed
incorporated by reference in any filing under the Securities Act
of 1933 or the Exchange Act, except if the Company expressly
states that such information is to be considered filed under the
Exchange Act or incorporates it by specific reference in such
filing.


Item9.01.
Financial Statements and Exhibits.

(d)Exhibits.


Exhibit Number

99.1 Press Release dated November 16, 2016.


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About Syntel, Inc. (NASDAQ:SYNT)

Syntel, Inc. (Syntel) is a global provider of digital transformation, information technology and knowledge process outsourcing services. The Company operates through five segments: Banking and Financial Services, which serves financial institutions around the world; Healthcare and Life Sciences, which serve various companies, including healthcare payers, providers, and pharmaceutical and medical device providers; Insurance, which serve the needs of property and casualty insurers, insurance brokers, personal, commercial, life and retirement insurance service providers; Manufacturing, which provides business consulting and technology services for industrial and automotive clients, and Retail, Logistics and Telecom, which serves a range of retailers and distributors, logistics clients and clients in the telecom industry. The Company offers its products and services under the Syntel brand.

Syntel, Inc. (NASDAQ:SYNT) Recent Trading Information

Syntel, Inc. (NASDAQ:SYNT) closed its last trading session down -0.74 at 19.41 with 1,037,871 shares trading hands.