Sify Technologies Ltd. Regains NASDAQ Compliance After Board Restructuring

Reuters
07/10
Sify Technologies Ltd. Regains NASDAQ Compliance After Board Restructuring

Sify Technologies Limited, a prominent integrated information communications technology solutions provider, has announced its return to compliance with Nasdaq's listing requirements. The company had faced non-compliance issues following the resignation of Dr. Ajay Kumar from its Board of Directors, which left the Board without the required number of independent directors. On June 20, 2025, Sify addressed this by appointing Dr. Ram Sewak Sharma as an independent director and member of the Audit Committee. This move has been acknowledged by the Nasdaq, confirming Sify's compliance with the necessary governance rules. The company continues to be listed on the Nasdaq Capital Market under the symbol "SIFY".

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sify Technologies Limited published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9492427-en) on July 10, 2025, and is solely responsible for the information contained therein.

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