SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
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 2019
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
(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.
On May 15, 2019, 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 5, 2019.
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.
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 15, 2019
|SIFY TECHNOLOGIES LIMITED|
|By:||/s/ MP Vijay Kumar|
|Name: MP Vijay Kumar|
|Title: Chief Financial Officer|
Exhibits filed with this Report
|99.1||Press Release dated May 15, 2019|
For immediate release
Dividend on Equity Shares of the company
for the Year 2018-19
Chennai, May 15, 2019: 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 Equity shareholders of the company.
Further to the adoption of the financial statements for FY 2018-19 prepared under Indian Accounting Standard (Ind-AS), the Board of Directors had recommended a dividend of 12% on the Equity 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 5, 2019.
Dividend will be paid to those shareholders whose names appear on the Register of Members of the company (for India) and Citibank Depository Register (for ADRs) on the Record Date, May 28, 2019. The payment will be disbursed on or before July 12, 2019.
About Sify Technologies
Sify is the largest ICT service provider, system integrator and all-in-one network solutions company on the Indian subcontinent. We’ve also expanded to the United States, with headquarters in the heart of California’s Silicon Valley.
Over 10000 businesses have become Sify customers. We also partner with other major network operators to deliver global network solutions. Our customers can access Sify services via India’s largest MPLS network. Among the very few Enterprise class players in India, Sify, today has presence in more than 1600 cities in India and in North America, the United Kingdom and Singapore.
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, 2018, 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||Grayling Investor Relations||20:20 Media|
|Mr. Praveen Krishna|
|Investor Relations & Public Relations||Shiwei Yin||Nikhila Kesavan|
|+91 44 22540777 (ext.2055)||+1-646-284-9474||+91 9840124036|