Sify Technologies Limited Subsidiary IPO Filing
Sify Technologies Limited announced that its wholly owned subsidiary, Sify Infinit Spaces Limited (SISL), has filed a draft red herring prospectus on October 17, 2025, with the Securities and Exchange Board of India, BSE Limited, and the National Stock Exchange of India Limited. The filing is in connection with SISL's proposed initial public offering (IPO) of equity shares. The IPO is expected to include a fresh issue of equity shares aggregating up to ₹25,000 million (₹2,500 crores) and an offering of equity shares aggregating up to ₹12,000 million (₹1,200 crores) by certain existing shareholders. The IPO is subject to regulatory approvals, market conditions, and other considerations. The announcement clarifies that it does not constitute an offer to sell or solicit securities in the United States or any other jurisdiction where such actions would be unlawful. The securities have not been and will not be registered under the U.S. Securities Act of 1933 or in any other jurisdiction outside India.