Sify announces Dividend on Equity Shares of the company for the Year 2018-19
May 15 2019 - 7:51AM
Sify Technologies Limited (NASDAQ NM: SIFY), headquartered in
Chennai, India, a leader in Managed Enterprise, Network, IT
and Software services in India with global delivery capabilities,
announced its Dividend payout to all Equity shareholders of the
company.Further to the adoption of the financial statements for FY
2018-19 prepared under Indian Accounting Standard (Ind-AS), the
Board of Directors had recommended a dividend of 12% on the Equity
Shares. The quantum of dividend per ADS shall be equivalent to INR
1.20 (INR ONE AND PAISE TWENTY) per ADS.This is subject to the
approval of the shareholders to be sought at the Annual General
Meeting scheduled on Friday, July 5, 2019. Dividend will be
paid to those shareholders whose names appear on the Register of
Members of the company (for India) and Citibank Depository Register
(for ADRs) on the Record Date, May 28, 2019. The payment will be
disbursed on or before July 12, 2019.
About Sify
Technologies:Sify is the largest ICT service provider,
system integrator and all-in-one network solutions company on the
Indian subcontinent. We’ve also expanded to the United States, with
headquarters in the heart of California’s Silicon Valley.Over 10000
businesses have become Sify customers. We also partner with other
major network operators to deliver global network solutions. Our
customers can access Sify services via India’s largest MPLS
network. Among the very few Enterprise class players in India,
Sify, today has presence in more than 1600 cities in India and in
North America, the United Kingdom and Singapore.Sify, Sify
Technologies, and www.sifytechnologies.com are registered
trademarks of Sify Technologies Limited
Forward Looking
Statements:This press release contains forward-looking
statements within the meaning of Section 27A of the Securities Act
of 1933, as amended, and Section 21E of the Securities Exchange Act
of 1934, as amended. The forward-looking statements contained
herein are subject to risks and uncertainties that could cause
actual results to differ materially from those reflected in the
forward-looking statements. Sify undertakes no duty to update any
forward-looking statements.For a discussion of the risks associated
with Sify’s business, please see the discussion under the caption
“Risk Factors” in the company’s Annual Report on Form 20-F for the
year ended March 31, 2018, which has been filed with the United
States Securities and Exchange Commission and is available by
accessing the database maintained by the SEC at www.sec.gov, and
Sify’s other reports filed with the SEC.For further information,
please contact:
Praveen Krishna
Sify Technologies Limited
+91 9840926523
praveen.krishna@sifycorp.com
Shiwei Yin
Grayling Investor Relations
+1-646-284-9474
Shiwei.Yin@grayling.com
Nikhila Kesavan
20:20 Media
+91 9840124036
nikhila.kesavan@2020msl.com
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