X0201 42003-08-2600001040426SYNTEL INC SYNT0001258241CHOKSI PARITOSH KATEL CAPITAL GROUP235 PINE STREET, 6TH FLOORSAN FRANSISCOCA941041000Common Stock2003-08-265G0E2000D20010DCommon Stock2003-08-265G0E850D19160DCommon Stock2003-08-265G0E2000A2000IBy child 1Common Stock2003-08-274S0160025D400IBy child 1Common Stock2003-08-274S040025.14D0IBy child 1Common Stock2003-08-265G0E850A850IBy child 2Common Stock2003-08-274S010025.11D750IBy child 2Common Stock2003-08-274S075025.1D0IBy child 2Common Stock5000IBy wifeCommon Stock3750IBy IRADirector Stock Option (Right to Buy)81998-11-192007-11-19Common Stock1500DDirector Stock Option (Right to Buy)14.541999-02-132008-02-13Common Stock1500DDirector Stock Option (Right to Buy)13.552003-01-142012-01-14Common Stock10000DDirector Stock Option (Right to Buy)11.242003-08-202012-08-20Common Stock3500DGift to child under the UGMA with the reporting person as the custodian.Transferred by gift.The reporting person disclaims beneficial ownership of these shares.One share of common stock is received for each option exercised.The option vests in annual installments of 25% of the shares subject to the option on the first four anniversary dates of the grant date.Byron S. Collier on behalf of Paritosh K. Choksi2003-08-28