Sify Technologies Limited 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 2017-18 under Indian Accounting Standard (Ind-AS), the Board of Directors had recommended a dividend of 12% on the face value of 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 for Friday, July 6, 2018.
The 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 28, 2018. The payment will be disbursed on or before July 12, 2018.
About Sify Technologies
Sify Technologies Limited (NASDAQ NM: SIFY), is an acknowledged ICT leader in the Telecom and Data Center centric IT services space with global delivery capabilities. Among the very few Enterprise class players in India, Sify, today has the presence in more than 1550 cities in India and offices in North America, United Kingdom and Singapore.
More than 8500 Enterprises access Sify’s IT services that focused on the Data Center and Cloud platform and connected through India’s largest MPLS network. As a truly converged ICT solutions and services provider, Sify is the preferred IT Services partner with a full suite of services ranging from Telecom connectivity services to Data Center transformation services along with Application and Security Services delivered on the same infrastructure.