Sify announces Dividend on Equity Shares of the company for the year 2016-17
May 22 2017 - 12:31PM
Sify Technologies Limited (NASDAQ NM: SIFY), headquarted at
Chennai, India, a leader in Managed Enterprise, Network, IT and
Software services in India with global delivery capabilities,
announced its Dividend payout to all holders of Equity and American
Depository Shares of the company.Further to the adoption of the
financial statements for FY 2016-17 under India GAAP (Ind AS), the
Board of Directors had recommended a dividend of 12% on the Equity
Shares and American Depository 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 July 6,
2017. 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, June 6,
2017. The payment will be disbursed on or before July 12, 2017.It
may be recalled that Sify had on April 25, 2017 announced their
unaudited results under IFRS for the financial year ended March
2017.
About Sify Technologies:Across 1400 cities in
India, more than 9000 Enterprises access Sify’s IT services that’s
focused on the Data Center and Cloud platform and connected through
a pan-India MPLS capable network. The services run the full gamut
from Telecom connectivity services to Data Center transformation
services along with Application and Security Services on the same
infrastructure making it a truly converged ICT solutions and
services provider in India.Sify also builds products that interface
with multiple services in the ICT space; either built inhouse or
collaboratively with the best-of-breed solution providers.Sify,
Sify Technologies and www.sifycorp.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, 2016, 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 44 22540777 (ext.2055)
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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