UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of May 2018

 

Commission File Number 000-27663

 

SIFY TECHNOLOGIES LIMITED

(Translation of registrant’s name into English)

 

Tidel Park, Second Floor
No. 4, Rajiv Gandhi Salai, Taramani

Chennai 600 113, India

(91) 44-2254-0770
(Address of principal executive office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F. Form 20-F þ Form 40 F ¨

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1). Yes ¨ No þ

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7). Yes ¨ No þ

 

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934. Yes ¨ No þ

 

If “Yes” is marked, indicate below the file number assigned to registrant in connection with Rule 12g3-2(b). Not applicable.

 

 

 

 

Dividend Announcement

 

On May 10, 2018, Sify Technologies Limited (the “Company”) announced that its Board of Directors has recommended a dividend payout to all holders of Equity Shares and American Depository Shares of the Company. Such dividend is subject to the approval of the shareholders at the Annual General Meeting scheduled to be held on July 6, 2018.

 

A copy of the press release is attached hereto as Exhibit 99.1, which exhibit shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section.

 

 

 

 

Signatures

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

Date: May 10, 2018

 

  SIFY TECHNOLOGIES LIMITED  
       
  By: /s/ MP Vijay Kumar  
    Name: MP Vijay Kumar  
    Title:   Chief Financial Officer  

 

 

 

 

Exhibits filed with this Report

 

Exhibit Number   Description
     
99.1   Press Release dated May 10, 2018

 

 

 

 

Exhibit 99.1

 

 

 

For immediate release

 

Sify announces Dividend on Equity Shares of the company
for the year 2017-18

 

Chennai, May 10, 2018: Sify Technologies Limited (NASDAQ NM: SIFY), 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 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 on Friday, July 6, 2018.

 

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 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’s 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.

Sify, Sify Technologies and www.sifytechnologies.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, 2017, 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:

 

Sify Technologies Limited

Mr. Praveen Krishna
Investor Relations & Public Relations
+91 44 22540777 (ext.2055)
praveen.krishna@sifycorp.com

20:20 Media

Nikhila Kesavan
+91 9840124036
nikhila.kesavan@2020msl.com

 

Grayling Investor Relations

Shiwei Yin
+1-646-284-9474
Shiwei.Yin@grayling.com