Sify Technologies (SIFY) has released an update.
Sify Technologies Ltd. has announced the key dates for its upcoming rights offering, where shareholders can purchase new equity shares or American Depositary Shares (ADSs) at a set price, with the subscription period slated from June 7 to June 21, 2024. The proceeds from this offering are intended to fund the expansion of the company’s network services, data centers, and digital services. This offering is dependent on the effectiveness of a registration statement filed with the SEC and is not yet available for sale.
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