Sify Technologies Ltd. Announces the Voluntary Delisting Date of its ADS Rights from NASDAQ
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 that it has provided notification to The Nasdaq Stock Market, Inc. ("NASDAQ") of its intent to delist the Company's ADS Rights (as defined below) from the NASDAQ Capital Market.Consistent with the terms of its previously announced rights offering, as disclosed in the prospectus, dated June 3, 2024 (the "Prospectus"), filed by the Company with the Securities and Exchange Commission (the "SEC"), the Company distributed through Citibank, N.A., the depositary for the ADSs, to holders of ADSs, transferable rights to subscribe for new equity shares in the form of ADSs ("ADS Rights"). The ADS Rights are expected to trade on the NASDAQ Capital Market under the symbol SIFYR from June 7, 2024 until June 18, 2024. In order to ensure that ADS Rights holders have sufficient
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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 Commencement of Rights Offering [Yahoo! Finance]Yahoo! Finance
- Sify Technologies Ltd. Announces Commencement of Rights OfferingPR Newswire
- 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