Sify Technologies Ltd. Regains Compliance with Nasdaq Minimum Bid Price Requirement [Yahoo! Finance]
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: Yahoo! Finance
As announced in July 2024, the Company was notified by Nasdaq that it was not in compliance with the Minimum Bid Price Requirement, as the closing bid price of the Company's American Depositary Shares ("ADSs") had been below $1.00 for 30 consecutive business days. Effective October 4, 2024, the Company effected a 1-for-6 ratio change of its ADSs. The Notification Letter confirmed that the Company evidenced a closing bid price of the Company's ADSs on Nasdaq at or greater than the $1.00 per ADS minimum requirement for 10 consecutive business days from October 4, 2024 to October 17, 2024 and that the Company has regained compliance with the Minimum Bid Price Requirement. About Sify Technologies Limited A multiple years winner of the Institute of Director's Golden Peacock award for Corporate Governance, Sify Technologies Limited is a comprehensive ICT service & solution provider. With cloud at the core of its solutions portfolio, the Company is focused on the changing ICT requirem
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- Sify-built Data Center for the Supreme Court of India goes LiveGlobeNewswire
- Shareholders in Sify Technologies (NASDAQ:SIFY) are in the red if they invested three years ago [Yahoo! Finance]Yahoo! Finance
- Sify Technologies Partners with Cisco ThousandEyes to Help Enterprises Accelerate their Digital Transformation JourneyGlobeNewswire
SIFY
Sec Filings
- 10/22/24 - Form 6-K
- 10/21/24 - Form 6-K
- 10/1/24 - Form 6-K
- SIFY's page on the SEC website