Sify Technologies Ltd. Receives NASDAQ Notification Regarding Minimum Bid Price Deficiency

July 25, 2024

https://www.globenewswire.com/news-release/2024/07/24/2917990/29606/en/Sify-Technologies-Ltd-Receives-NASDAQ-Notification-Regarding-Minimum-Bid-Price-Deficiency.html

CHENNAI, India, July 24, 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 from the Listing Qualifications Department of the Nasdaq Stock Market (“Nasdaq”) indicating that, based upon the closing bid price of the Company’s American Depositary Shares (“ADSs”) for the last 31 consecutive business days, the Company did not meet the minimum bid price of $1.00 per share required for continued listing on The Nasdaq Capital Market pursuant to Nasdaq Listing Rule 5550(a)(2).  

Read more at globenewswire.com

NASDAQ and NYSE quotes and data are delayed 15 minutes unless indicated otherwise. Market data and exchange information are provided for informational purposes only and is not intended for trading purposes. Neither 24/7 Market News Editors, 247 Market News, or data and content providers shall be liable for any errors or omissions, delays, misquotes or other market information relayed in any press materials. You should Use Realtime data to conduct due diligence before investing or trading, and trading in any stock is risky you could lose all your money.