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Sify Technologies Limited Concludes Sale of Entire Stake in MF Global Sify Securities India Pvt Ltd


Thursday, 2 Aug 2012 09:42am EDT 

Sify Technologies Limited announced the conclusion of the sale of their entire stake in MF Global Sify Securities India Pvt Ltd as reported earlier in March 2012. Necessary Regulatory and statutory ‘no objection approvals’ for change in control have been received. The aggregate amount received by Sify against the aforementioned stake and the rights therein is INR139 crores (INR1.39 billion) (USD 25 million) in cash. 

Company Quote

1.85
-0.02 -1.07%
18 Jun 2013