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Sify Technologies Concludes Sale Of Entire Stake In MF Global India
 
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Sify Technologies Concludes Sale Of Entire Stake In MF Global India  
 
   
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Friday, August 03, 2012 Sify Technologies Limited (NASDAQ Global Markets: SIFY), a leader in Managed Enterprise, Network and ICT Services in India, today 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 Rs.139 crores (USD 25 million) in cash.



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