Sify receives NASDAQ Staff Deficiency letter
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: GlobeNewswire
Santa Clara, California, April 24, 2020 (GLOBE NEWSWIRE) -- Sify Technologies Limited (NASDAQ: SIFY), headquartered in Chennai, India, received a letter from the Listing Qualifications Department of the Nasdaq Stock Market (“Nasdaq”) indicating that, based upon the closing bid price of the Company’s common stock for the last 30 consecutive business days, the Company did not meet the minimum bid price of $1.00 per share required for continued listing on The Nasdaq Capital Market pursuant to Nasdaq Listing Rule 5550(a)(2). The letter also indicated that the Company will be provided with a compliance period of 180 calendar days in which to regain compliance pursuant to Nasdaq Listing Rule 5810(c)(3)(A). Given the extraordinary market conditions, Nasdaq has determined to toll the compliance periods for the bid price and market value of publicly held shares requirements (collectively, the “Price-based Requirements”) through June 30, 2020. In that regard, on April 16, 2020, Nasdaq file
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News
- 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 Technologies Limited (NASDAQ: SIFY) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- India Colocation Data Center Portfolio 2024-2028: Detailed Analysis of 119 Existing and Upcoming Data Centers with NTT Global Data Centers Being the Largest Operator [Yahoo! Finance]Yahoo! Finance
- Sify Technologies announces the launch of GPU Cloud Sify CloudInfinit+AI [Yahoo! Finance]Yahoo! Finance
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