Sify Technologies Ltd. Announces Commencement of Rights Offering
Sify Technologies Limited - American Depository Shares, each represented by one Equity Share (SIFY)
US:NASDAQ Investor Relations:
cloud.sify.com/investor-relations.html
Company Research
Source: PR Newswire
CHENNAI, India, June 7, 2024 /PRNewswire/ -- Sify Technologies Ltd. (Nasdaq: Sify) (the "Company"), a leading integrated information communications technology (or ICT) Solutions and Services provider in India, today announced the commencement of its previously announced rights offering.In the rights offering, the Company will distribute, at no charge, (1) to the holders of its equity shares, transferable rights to subscribe for new equity shares and, (2) through Citibank, N.A., the depositary for the ADSs (the "Depositary"), to holders of ADSs, transferable rights to subscribe for new equity shares in the form of ADSs. Holders of ADSs will receive 1.36364 ADS rights for each ADS owned of record at 5:00 p.m. (New York City time) on May 31, 2024, which is the ADS record date. One (1) ADS right will entitle the holder of such right to subscribe for and purchase one new ADS at a price of US$0.14 per ADS (the "ADS Subscription Price"). The ADS Subscription Price includes the Depositary fee
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SIFY
News
- Sify Technologies Limited (NASDAQ: SIFY) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Sify Technologies Ltd. Announces the Voluntary Delisting Date of its ADS Rights from NASDAQPR Newswire
- Sify Technologies Ltd. Announces Commencement of Rights Offering [Yahoo! Finance]Yahoo! Finance
- Sify Technologies Limited (NASDAQ: SIFY) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Investors three-year losses continue as Sify Technologies (NASDAQ:SIFY) dips a further 42% this week, earnings continue to decline [Yahoo! Finance]Yahoo! Finance
SIFY
Sec Filings
- 6/11/24 - Form SC
- 6/7/24 - Form 25
- 6/7/24 - Form 6-K
- SIFY's page on the SEC website