Sify Technologies Regains Compliance With Nasdaq Listing Rule

MT Newswires Live

2024/10/21

Sify Technologies (SIFY) said Monday it has regained compliance with the Nasdaq's minimum bid price requirement for continued listing.

Sify said the closing bid price of its American depositary shares was at least $1 per ADS for 10 consecutive business days from Oct. 4 to Oct. 17, the company said, citing a notification letter received Friday.

Shares of the company fell 7.4% in recent trading.

Price: 3.60, Change: -0.29, Percent Change: -7.35

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