Sify Technologies (SIFY) Board Recommends First Ever Dividend
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Sify Technologies Limited (Nasdaq: SIFY) announced its first ever dividend payout to all holders of Equity and American Depository Shares of the company.
Further to the adoption of the financial statements for FY 2013-14 under India GAAP, the Board of Directors has recommended a dividend of 10% on the paid up capital of the equity shares and ADR holders for the year 2013-14. This is subject to the approval of the shareholders to be sought at the Annual General Meeting scheduled on July 28, 2014.
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, June 20, 2014. The payment will be disbursed on July 30, 2014.
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