Sify Shareholders Approve Dividend Payment Of 10%

<p>Sify Technologies Limited announced that further to the recommendation of the Board of Directors for dividend payment of 10 per cent on the Equity Shares and American Depository Shares for the year 2014-15, which was subject to the approval of the shareholders, the shareholders at the Annual General Meeting held on Thursday (18 June) have approved the same.<br><br> Dividend will be paid earliest by Monday, June 22, 2015 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, May 18, 2015.<br><br> Sify also announced the resignation of P. S. Raju as a director from the Board owing to his pre-occupation and the reappointment of Ananda Raju Vegesna as the executive director of the company for a further period of five years, effective 22 June.<br><br>Consequently, the shareholders did not consider his proposed reappointment following retirement by rotation, at the Annual General Meeting and also resolved not to fill up the vacancy as of now.</p>