Sify announces dividend on Equity Shares of the company for the third year in a row
May 16 2016 - 8:56AM
Sify Technologies Limited (NASDAQ NM: SIFY), headquartered at
Chennai, India, a leader in Managed Enterprise, Network, IT and
Software services in India with global delivery capabilities,
announcedits dividend payout for the third year in a row to all
holders of Equity and American Depository Shares of the company.
Further to the adoption of the financial statements for FY
2015-16 under India GAAP (Ind AS), the Board of Directors had
recommended a dividend of 10% on the Equity Shares and American
Depository Shares. The quantum of dividend per ADS shall be
equivalent to INR 1 (INR ONE) per ADS.
This is subject to the approval of the shareholders to be sought
at the Annual General Meeting scheduled on July 4, 2016.
Dividend will be paid to those shareholders whose names appear
in the Register of Members of the company (for India) and Citibank
Depository Register (for ADRs) on the Record Date, May 27, 2016.
The payment will be disbursed onJuly 8, 2016.
It may be recalled that Sify had on April 22, 2016announced
their unaudited resultsunder IFRS for the financial year ended
March 2016. About Sify Technologies
Sify is among the largest integrated ICT Solutions and Services
companies in India, offering end-to-end solutions with a
comprehensive range of products delivered over a common telecom
data network infrastructure reaching more than 1300 cities and
towns in India. This telecom network today connects 38 Data Centers
across India including Sify's 6 Tier 3 Data Centers across the
cities of Chennai, Mumbai, Delhi and Bengaluru.
A significant part of the company's revenue is derived from
Enterprise Services, comprised of Telecom services, Data Center
services, Cloud and Managed services, Applications Integration
services and Technology Integration services. Sify also provides
services that cater to the burgeoning demands of the SMB community,
much of it on its Cloud services platform.
Sify is ISO 9001:2008 certified for Enterprise Sales,
Provisioning, support and customer relationship management of ICT
solutions and services including VPN, Network, Voice, Data Center
hosting, Integration services, security services and managed
services. Sify has been certified in ISO / IEC 20000 - 1:2011 and
ISO/IEC 27001:2013 certified for Internet Data Center operations.
Sify has been certified in SSAE16 SOC2 Type II for Cloud
Infrastructure and in TL 9000 for Enterprise Network Services,
Network Integration Services including Design, Implementation and
Support services. The latter certification is telecommunication
industry's quality system standard that expands the requirements of
the International Standards Organization's ISO 9000 quality
management standard in use by industries worldwide. Sify has
Unified License to operate NLD (National Long Distance), ILD
(International Long Distance) services and ISP services and offers
VoIP backhaul for international carriers. With the Sify Cable
landing station and partnerships with submarine cable companies
globally, Sify is present in almost all the spheres of the ICT eco
system. Sify has an expanding base of Managed Services customers,
both in India and overseas, and is India's first enterprise managed
services provider to launch a Security Operations Center (SOC) to
deliver managed security services. The software team develops
applications and offers services to improve business efficiencies
of its current and prospective client bases. Sify also offers
services in the specialized domains of eLearning, both in India and
globally. For more information about Sify, visit
www.sifycorp.com
CONTACT: Mr. Praveen Krishna
Investor Relations & Public Relations
+91 44 22540777 (ext.2055)
praveen.krishna@sifycorp.com
Grayling Investor Relations
Ms. Truc Nguyen (ext. 418)
+1-646-284-9400
truc.nguyen@grayling.com
20:20 MSL
Nikhila Kesavan
+91 9840124036/ nikhila.kesavan@2020msl.com
Indravati Iyer
+91 9500050541/ indravati.iyer@2020msl.com
Sify Technologies (NASDAQ:SIFY)
Historical Stock Chart
From Mar 2024 to Apr 2024
Sify Technologies (NASDAQ:SIFY)
Historical Stock Chart
From Apr 2023 to Apr 2024