The committee, headed by Sebi's Southern Region General Manager A Sunil Kumar, has reached Hyderabad and will start the investigation soon, a senior Sebi official said.
Sebi formed the special team following the confession by the IT-major's Chairman B Ramlinga Raju yesterday admitting gross manipulations in the company's balance sheets in the past several years.
Shares of Satyam had slumped to a 10-year low on Wednesday following the developments in the company.