Sify Technologies Ltd. Announces Plans for Rights Offering to Shareholders
The Company today announced that it has filed a Registration Statement on Form F-1 (the "Registration Statement") with the Securities and Exchange Commission for a rights offering (the "Rights Offering") to holders of its equity shares and American Depositary Shares ("ADSs").
- The Company today announced that it has filed a Registration Statement on Form F-1 (the "Registration Statement") with the Securities and Exchange Commission for a rights offering (the "Rights Offering") to holders of its equity shares and American Depositary Shares ("ADSs").
- The Rights Offering will include an over-subscription right, which will permit each rights holder that exercises its subscription rights in full the option to purchase additional equity shares or ADSs, as the case may be, that remain unsubscribed at the expiration of the Rights Offering.
- The Rights Offering will not commence until the Registration Statement has been declared effective by the Securities and Exchange Commission.
- The record date for the distribution of the rights, the dates for both the subscription period and expiration of the Rights Offering and other pricing information will be included in the Company's final prospectus relating to the Rights Offering.