AG真人官方

Sify Technologies Ltd. Regains Compliance with聽NASDAQ Listing Requirements

CHENNAI, India, July 10, 2025 (GLOBE NEWSWIRE) -- Sify Technologies Ltd. (Nasdaq: Sify) (the 鈥淐ompany鈥�), a leading integrated information communications technology (or ICT) Solutions, received a letter (the 鈥淣otification Letter鈥�) from the Listing Qualifications Department of the Nasdaq Stock Market (鈥淣asdaq鈥�) on July 8, 2025聽notifying the Company that it had regained compliance with the continued listing requirements under Nasdaq Listing Rules 5605(b)(1) and 5605(c)(2) (the 鈥淩ules鈥�), requiring the majority of the Board to be composed of independent directors and the Audit Committee to comprise at least three independent directors, respectively.

The Company had previously notified Nasdaq on May 21, 2025, that, consequent to the resignation of Dr. Ajay Kumar from the Company鈥檚 Board of Directors (the 鈥淏oard鈥�), the Company was in non-compliance with the Rules. On June 5, 2025, Nasdaq confirmed the Company鈥檚 non-compliance with Nasdaq鈥檚 independent director and audit committee composition requirements under the Rules.

Subsequently, on June 20, 2025, the Company appointed Dr. Ram Sewak Sharma to the Board as an independent director and a member of the Audit Committee, as disclosed in the Company鈥檚 Form 6-K filed with the Securities and Exchange Commission on June 24, 2025.

The Notification Letter confirmed that the Company鈥檚 appointment of Dr. Ram Sewak Sharma evidenced compliance with the Nasdaq Rules and that the matter was closed.

The Company remains listed on the Nasdaq Capital Market under the trading symbol: 鈥淪IFY鈥�.

About Sify Technologies

A multiple year winner of the Golden Peacock award for Corporate Governance from the Institute of Directors, Sify Technologies is India鈥檚 most comprehensive ICT service & solution provider. With Cloud at the core of our solutions portfolio, Sify is focused on the changing ICT requirements of the emerging Digital economy and the resultant demands from large, medium and small businesses.聽

Sify鈥檚 infrastructure comprising state-of-the-art Data Centers, the largest MPLS network, partnership with global technology majors and deep expertise in business transformation solutions modelled on the cloud, make it the first choice of start-ups, SMEs and even large Enterprises on the verge of a revamp.

More than 10,000 businesses across multiple verticals have taken advantage of our trinity of Data Centers, Networks and Digital services and conduct their business seamlessly from more than 1,700 cities in India. Internationally, Sify has presence across North America, the United Kingdom, UAE and Singapore.

Sify, , Sify Technologies and are registered trademarks of Sify Technologies Limited.

Forward Looking Statements

This press release contains forward-looking statements within the meaning of Section聽27A of the Securities Act of 1933, as amended, and Section聽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鈥檚 business, please see the discussion under the caption 鈥淩isk Factors鈥� in the company鈥檚 Annual Report on Form 20-F for the year ended March 31, 2025, 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鈥檚 other reports filed with the SEC.

For further information, please contact: