Sify Technologies (SIFY) Regains Nasdaq Compliance

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Go back to Sify Technologies (SIFY) Regains Nasdaq Compliance

Sify Technologies Ltd. Regains Compliance with Nasdaq Minimum Bid Price Requirement

October 21, 2024 10:26 AM EDT

CHENNAI, India, Oct. 21, 2024 (GLOBE NEWSWIRE) -- Sify Technologies Ltd. (Nasdaq: Sify) (the Company), a leading integrated information communications technology (or ICT) Solutions and Services provider in India, received a letter (the Notification Letter) from the Listing Qualifications Department of the Nasdaq Stock Market (Nasdaq) on October 18, 2024, informing the Company that it has regained compliance with the minimum bid price requirement for continued listing set forth in Nasdaq Listing Rule 5550(a)(2) (the Minimum Bid Price Requirement) and the matter is closed.

As announced in July 2024, the Company was notified by Nasdaq that it was not in compliance... More