"Satyam has stabilised. It was a normal board meeting.

The main issue was allocation of shares, which is being done," Kiran Karnik, Chairman, Board of Satyam, said in New Delhi

Later Mahindra Satyam in a statement said its board of directors has allotted 19.86 crore additional shares to Venturebay, which would take Tech Mahindra's stake to approximately 43 per cent of the outstanding share capital.

A Tech Mahindra spokesperson said after the preferential allotment Venturebay's stake in Mahindra Satyam would be 42.7 per cent.

Venturebay has deposited Rs 1,152 crore as subscription in the company's public escrow account.

Venturebay had earlier paid Rs 1,756 crore for the 31 per cent stake in Satyam through preferential allotment.