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Sify Requests 15-Day Extension For Annual Report Submission To SEC

Sify Limited has filed for a fifteen day extension with the U.S. Securities and Exchange Comission related to the submission of its annual report for the fiscal year ended March 31, 2007.

One Response to “Sify Requests 15-Day Extension For Annual Report Submission To SEC”

  1. Compliance to local government regulations like Clause 49, disclosure of financial statements etc are increasingly becoming stringent in India. Companies listed on the stock exchange overseas or in India have to adhere to these compliances for non-conformance which may lead to hefty fines to the tune of crores of rupees.

    The delay maybe due to some inconsistencies.