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Sify Technologies appoints JPMorgan as new depositary for ADR

Source Decision Insights Record Published July 16, 2025 Companies 1
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5th article in the last 90 days, one of 5 articles referencing Sify Technologies. Previous coverage: EXL, Proficio, Nokia: code migration, XDR, and 5G updates - Week of June 2, 2025 (Jun 2025).

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Sify Technologies Limited appointed JPMorgan Chase Bank, N.A. as the new depositary for its American Depositary Receipt (ADR) program, effective July 23, 2025. This decision follows an amended and restated deposit agreement initiated by Sify and filed with the Securities and Exchange Commission on July 10, 2025.

Holders of outstanding ADRs will not need to take action regarding this change, as JPMorgan will notify all registered ADR holders of their new role. JPMorgan has been a provider of customized depositary receipt solutions for significant issuers since 1927.

Sify Technologies, a provider of Information and Communication Technology (ICT) solutions in India, focuses on evolving business requirements across various sectors. With more than 10,000 businesses using its infrastructure, Sify continues to enhance its service reach through a robust network of Data Centers, and digital services across India and internationally.

Press release, provided by Globe Newswire on behalf of Sify Technologies. Read the original.

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