Report of Foreign Issuer (6-k)
December 30 2016 - 11:21AM
Edgar (US Regulatory)
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT
TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of December 2016
Commission File Number 000-27663
SIFY TECHNOLOGIES LIMITED
(Translation of registrant’s name
into English)
Tidel Park, Second Floor
No. 4, Rajiv Gandhi Salai, Taramani
Chennai 600 113, India
(91) 44-2254-0770
(Address of principal executive office)
Indicate by check mark whether the registrant files or will
file annual reports under cover Form 20-F or Form 40-F. Form 20-F
þ
Form 40
F
¨
Indicate by check mark if the registrant is submitting the Form
6-K in paper as permitted by Regulation S-T Rule 101(b)(1). Yes
¨
No
þ
Indicate by check mark if the registrant is submitting the Form
6-K in paper as permitted by Regulation S-T Rule 101(b)(7). Yes
¨
No
þ
Notice of Failure to Satisfy a Continued Listing Rule or
Standard
On December 27, 2016, Sify Technologies Limited (the “Company”)
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 Global Select Market pursuant to
Nasdaq Listing Rule 5450(a)(1). The letter also indicated that the Company will be provided with a compliance period of 180 calendar
days, or until June 26, 2017, in which to regain compliance pursuant to Nasdaq Listing Rule 5810(c)(3)(A). The letter further provided
that if, at any time during the 180-day period, the closing bid price of the Company’s common stock is at least $1.00 for
a minimum of ten consecutive business days, Nasdaq will provide the Company with written confirmation that it has achieved compliance
with the minimum bid price requirement.
Signatures
Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly
authorized.
Date: December 30, 2016
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SIFY TECHNOLOGIES LIMITED
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By:
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/s/ MP Vijay Kumar
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Name: MP Vijay Kumar
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Title: Chief Financial Officer
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