TT&A advised Sify Technologies Limited (“Company”) in relation to the rights issue of equity shares by the Company, including equity shared represented by American Depository Shares for an aggregate amount of up to USD 30 million.
TT&A advised the Company in relation to the compliance requirements under Indian law for the rights issue of equity shares and the issuance of the American Depository Shares and changed the ratio of its ADSs to its equity shares.
TT&A Team: Gautam Saha – Joint Managing Partner; Shivranjani Ralawata – Partner and Radhika Sarda – Associate
Sify Technologies Limited is an Indian information and communications technology company providing telecom services, data center services, cloud & managed services, transformation integration services, and application integration services
Inputs from TT&A’s release.
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