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Ananda Raju Vegesna News

Sify Tech to issue equity shares of Rs 397 crore
Sify Technologies Ltd has said it is proposing to issue equity shares up to an aggregate of approximately $86 million (around Rs 397.49 crore) to a group of investors affiliated with Sify’s promoter group. The proceeds from the proposed issuance will be utilised for working capital, ongoing capital expenditure and future expansion. The promoter group entities affiliated with Raju Vegesna, Chief