UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
SYNTEL, INC.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
87162H103
(CUSIP Number)
*The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class
of securities, and for any subsequent amendment containing information
which would alter disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not
be deemed to be "filed" for the purpose of Section 18 of the Securities
Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of
that section of the Act but shall be subject to all other provisions of
the Act (however, see the Notes).
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SCHEDULE 13G
CUSIP # 87162H103
Item 1: Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Neerja Sethi
Item 2. Check the Appropriate Box if a Member of a Group*
(a) [ ]
(b) [ ]
Item 3. SEC Use Only
Item 4: Citizenship or Place of Organization
United States of America
Number of Shares Beneficially Owned by Each Reporting Person With:
Item 5: Sole Voting Power:
19,786,350
Item 6: Shared Voting Power:
0
Item 7: Sole Dispositive Power:
19,786,350
Item 8: Shared Dispositive Power:
0
Item 9: Aggregate Amount Beneficially Owned by Each Reporting Person:
19,786,350
Item 10: Check Box if the Aggregate Amount in Row (9) Excludes Certain
Shares*
[ ]
Item 11: Percent of Class Represented by Amount in Row (9):
51.8%
Item 12: Type of Reporting Person*
IN
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SCHEDULE 13G - TO BE INCLUDED IN STATEMENTS
FILED PURSUANT TO RULE 13G-1(b) or 13G-2(b)
Item 1(a). Name of Issuer:
Syntel, Inc.
Item 1(b). Address of Issuer's Principal Executive Offices:
2800 Livernois, Suite 400
Troy, Michigan 48083
Item 2(a). Name of Person Filing:
Neerja Sethi
Item 2(b). Address of Principal Business Office or, if None, Residence:
2800 Livernois, Suite 400
Troy, Michigan 48083
Item 2(c). Citizenship:
United States of America
Item 2(d). Title of Class of Securities:
Common Stock
Item 2(e). CUSIP Number:
87162H103
Item 3. Not Applicable.
Item 4. Ownership:
(a) Amount Beneficially Owned:
19,786,350
(b) Percent of Class:
51.8%
(c) Number of shares as to which
such person has:
(i) Sole power to vote or to direct
the vote:
19,786,350
(ii) Shared power to vote or to direct
the vote:
0
(iii) Sole power to dispose or to
direct the disposition of:
19,786,350
(iv) Shares power to dispose or to
direct the disposition of:
0
Item 5: Ownership of Five Percent of Less of a Class.
Not Applicable
Item 6. Ownership of More than Five Percent on Behalf of Another Person:
Not Applicable
Item 7. Identification and Classification of the Subsidiary Which Acquired
the Securities Being Reported on by the Parent Holding Company.
Not Applicable
Item 8. Identification and Classification of Members of the Group.
Not Applicable
Item 9. Notice of Dissolution of Group.
Not Applicable
Item 10. Certifications.
Not Applicable
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief,
I certify that the information set forth in this Schedule 13G is true,
complete and correct.
February 12, 1999
Date
/S/ NEERJA SETHI
Signature
NEERJA SETHI
Name / Title
