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Stock Market & Financial Investment News

News Breaks
February 25, 2013
08:39 EDTSIFYSify Technologies reports NASDAQ staff deficiency letter
Sify Technologies Limited announced that on February 20, it received a NASDAQ staff deficiency letter indicating that the company fails to comply with Listing Rule 5605(c)(2) which requires a listed company to have an audit committee comprised of at least three independent members. The company is in the process of identifying an independent director to be appointed to the company’s audit committee in order to regain compliance with NASDAQ Listing Rule 5605 prior to the expiration of the cure period granted by NASDAQ.
News For SIFY From The Last 14 Days
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June 19, 2015
16:49 EDTSIFYSify Technologies board approves 10% dividend on equity shares for 2014-2015
Sify Technologies announced that further to the recommendation of the Board of Directors for dividend payment of 10% on the Equity Shares and American Depository Shares for the year 2014-15, which was subject to the approval of the shareholders, the shareholders at the Annual General Meeting held on Thursday, June 18 have approved the same. Dividend will be paid earliest by Monday, June 22 to those shareholders whose names appear in the Register of Members of the company and Citibank Depository Register on the Record Date, May 18. Sify also announced the reappointment of Mr. Ananda Raju Vegesna as the Executive Director of the Company for a further period of five years, effective June 22.

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