Sify Technologies Ltd. Announces Change of Depositary
Sify Technologies Limited (NASDAQ: SIFY), India's leading Digital ICT solutions provider, has announced the appointment of JPMorgan Chase Bank as its new depositary for its American Depositary Receipt (ADR) program, effective July 23, 2025.
The company has filed a registration statement on Form F-6 with the SEC and entered into an amended deposit agreement with JPMorgan. Current ADR holders are not required to take any action regarding this change, and JPMorgan will notify all registered holders of their appointment as successor depositary.
Sify Technologies Limited (NASDAQ: SIFY), principale fornitore indiano di soluzioni ICT digitali, ha annunciato la nomina di JPMorgan Chase Bank come nuovo depositario per il suo programma di American Depositary Receipt (ADR), a partire dal 23 luglio 2025.
L'azienda ha presentato una dichiarazione di registrazione tramite il modulo F-6 alla SEC e ha sottoscritto un accordo di deposito modificato con JPMorgan. Gli attuali detentori di ADR non devono intraprendere alcuna azione in relazione a questo cambiamento, e JPMorgan informerà tutti i titolari registrati della loro nomina come depositario successore.
Sify Technologies Limited (NASDAQ: SIFY), principal proveedor indio de soluciones digitales de TIC, ha anunciado el nombramiento de JPMorgan Chase Bank como su nuevo depositario para su programa de American Depositary Receipt (ADR), con efecto a partir del 23 de julio de 2025.
La compañía ha presentado una declaración de registro en el Formulario F-6 ante la SEC y ha firmado un acuerdo de depósito enmendado con JPMorgan. Los titulares actuales de ADR no necesitan realizar ninguna acción respecto a este cambio, y JPMorgan notificará a todos los titulares registrados sobre su nombramiento como depositario sucesor.
Sify Technologies Limited (NASDAQ: SIFY), 인도의 선도적인 디지털 ICT 솔루션 제공업체가 JPMorgan Chase Bank를 미국 예탁증서(ADR) 프로그램의 새로운 예탁기관으로 2025년 7월 23일부로 임명했다고 발표했습니다.
회사는 SEC에 Form F-6 등록신고서를 제출하고 JPMorgan과 수정된 예탁계약을 체결했습니다. 현재 ADR 보유자는 이번 변경과 관련하여 별도의 조치를 취할 필요가 없으며, JPMorgan은 모든 등록 보유자에게 후임 예탁기관으로서의 임명을 통지할 예정입니다.
Sify Technologies Limited (NASDAQ : SIFY), principal fournisseur indien de solutions numériques TIC, a annoncé la nomination de JPMorgan Chase Bank en tant que nouveau dépositaire pour son programme d'American Depositary Receipt (ADR), à compter du 23 juillet 2025.
La société a déposé une déclaration d'enregistrement sur le formulaire F-6 auprès de la SEC et a conclu un accord de dépôt modifié avec JPMorgan. Les détenteurs actuels d'ADR n'ont aucune démarche à effectuer concernant ce changement, et JPMorgan informera tous les détenteurs enregistrés de leur nomination en tant que dépositaire successeur.
Sify Technologies Limited (NASDAQ: SIFY), Indiens führender Anbieter digitaler ICT-Lösungen, hat die Ernennung von JPMorgan Chase Bank als neuen Verwahrer für sein American Depositary Receipt (ADR)-Programm bekannt gegeben, wirksam ab dem 23. Juli 2025.
Das Unternehmen hat eine Registrierungserklärung auf Formular F-6 bei der SEC eingereicht und einen geänderten Depotvertrag mit JPMorgan abgeschlossen. Aktuelle ADR-Inhaber müssen im Zusammenhang mit dieser Änderung keine Maßnahmen ergreifen, und JPMorgan wird alle registrierten Inhaber über ihre Ernennung als Nachfolgeverwahrer informieren.
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CHENNAI, India, July 16, 2025 (GLOBE NEWSWIRE) -- Sify Technologies Limited (NASDAQ: SIFY), India’s leading Digital ICT solutions provider with global service capabilities spanning Data Center, Cloud, Networks, Security and Digital services, announced that it has appointed JPMorgan Chase Bank, N.A. (“JPMorgan”) as the successor depositary for the Company’s American Depositary Receipt (the “ADR”) program, effective from July 23, 2025.
The Company has also entered into an amended and restated deposit agreement with JPMorgan. A registration statement on Form F-6 was filed with the Securities and Exchange Commission on July 10, 2025, in connection with the change of depositary, and the form of the amended and restated deposit agreement is filed as an exhibit to Form F-6.
Holders of outstanding ADRs are not required to take any action in connection with the change of depositary. JPMorgan will be notifying all registered holders of ADRs of their appointment as successor depositary.
JPMorgan is a global leader in financial services, offering solutions to the world's most important corporations, governments and institutions in more than 100 countries. JPMorgan has been a leading provider of customized depositary receipt solutions to the world’s largest issuers since 1927.
About Sify Technologies
A multiple year winner of the Golden Peacock award for Corporate Governance from the Institute of Directors, Sify Technologies is India’s most comprehensive ICT service & solution provider. With Cloud at the core of our solutions portfolio, Sify is focused on the changing ICT requirements of the emerging Digital economy and the resultant demands from large, medium and small businesses.
Sify’s infrastructure comprising state-of-the-art Data Centers, the largest MPLS network, partnership with global technology majors and deep expertise in business transformation solutions modelled on the cloud, make it the first choice of start-ups, SMEs and even large Enterprises on the verge of a revamp.
More than 10,000 businesses across multiple verticals have taken advantage of our trinity of Data Centers, Networks and Digital services and conduct their business seamlessly from more than 1,700 cities in India. Internationally, Sify has presence across North America, the United Kingdom, UAE and Singapore.
Sify, www.sify.com, Sify Technologies and www.sifytechnologies.com are registered trademarks of Sify Technologies Limited.
Forward Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The forward-looking statements contained herein are subject to risks and uncertainties that could cause actual results to differ materially from those reflected in the forward-looking statements. Sify undertakes no duty to update any forward-looking statements.
For a discussion of the risks associated with Sify’s business, please see the discussion under the caption “Risk Factors” in the company’s Annual Report on Form 20-F for the year ended March 31, 2025, which has been filed with the United States Securities and Exchange Commission and is available by accessing the database maintained by the SEC at www.sec.gov, and Sify’s other reports filed with the SEC.
For further information, please contact:
| Sify Technologies Limited Mr. Praveen Krishna Investor Relations & Public Relations +91 9840926523 praveen.krishna@sifycorp.com | 20:20 Media Nikhila Kesavan +91 9840124036 nikhila.kesavan@2020msl.com | Weber Shandwick Lucia Domville +1-212 546-8260 LDomville@webershandwick.com |
FAQ
When will JPMorgan become Sify Technologies' (NASDAQ:SIFY) new ADR depositary?
Do Sify Technologies (NASDAQ:SIFY) ADR holders need to take any action due to the depositary change?
What regulatory filings has Sify Technologies (NASDAQ:SIFY) made for the ADR depositary change?
How will Sify Technologies (NASDAQ:SIFY) ADR holders be notified of the depositary change?
