Chennai, India, August 21, 2024: Sify Technologies Limited (NASDAQ: SIFY), India’s leading Digital ICT solutions provider with global service capabilities spanning Data Center, Cloud, Networks, Security and Digital services, today announced the appointment of Mr. Sharad Agarwal as the Chief Executive Officer of Sify Infinit Spaces Limited, wholly owned subsidiary of Sify Technologies Limited.
Sharad moves into this role on the strength of his technopreneurship across several domains like ecommerce, logistics, retail, Cloud and Data Center. An active industry veteran, he comes equipped with a combination of sales and project management skills that will help him expand the footprint and acceptance of Sify’s data centers.
Prior to Sify, Sharad was at Vantage, where he was mandated to build their Data Center business. This was preceded by a long stint at Amazon Web Services where he front-ended capacity delivery for an APAC region.
Chairman of Sify, Mr. Raju Vegesna, said, “Sharad brings a valuable blend of entrepreneurial and managerial experience in the data center domain across the APAC region. This diverse background positions him well to drive our strategic initiatives and operational excellence. His insights and proven track record will contribute significantly to advancing our objectives and reinforcing our leadership position in the industry”.
Mr. Agarwal, said, “I have followed Sify’s remarkable journey as they evolved as a Data Center leader. This impressive growth trajectory underscores Sify’s commitment to innovation and excellence. My mandate is to maximize Sify’s potential across the entire ICT value chain by focusing on strategic growth and operational efficiency and by delivering cutting-edge solutions and unparalleled value to our clients and stakeholders.”
About Sify Technologies
A Fortune India 500 company, Sify Technologies is India’s most comprehensive ICT service & solution provider. With Cloud at the core of our solutions portfolio, Sify is focussed on the changing ICT requirements of the emerging Digital economy and the resultant demands from large, mid and smallsized businesses.
Sify’s infrastructure comprising state-of-the-art Data Centers, the largest MPLS network, partnership with global technology majors and deep expertise in business transformation solutions modelled on the cloud, make it the first choice of start-ups, SMEs and even large Enterprises on the verge of a revamp.
More than 10000 businesses across multiple verticals have taken advantage of our unassailable trinity of Data Centers, Networks and Digital services and conduct their business seamlessly from more than 1600 cities in India. Internationally, Sify has presence across North America, the United Kingdom and Singapore.
Sify, www.sify.com, Sify Technologies and www.sifytechnologies.com are registered trademarks of Sify Technologies Limited.
Forward Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The forward-looking statements contained herein are subject to risks and uncertainties that could cause actual results to differ materially from those reflected in the forward-looking statements. Sify undertakes no duty to update any forward-looking statements.
For a discussion of the risks associated with Sify’s business, please see the discussion under the caption “Risk Factors” in the company’s Annual Report on Form 20-F for the year ended March 31, 2024, which has been filed with the United States Securities and Exchange Commission and is available by accessing the database maintained by the SEC at www.sec.gov, and Sify’s other reports filed with the SEC.
For further information, please contact:
Sify Technologies Limited
Mr. Praveen Krishna
Investor Relations & Public Relations
+91 9840926523
praveen.krishna@sifycorp.com
20:20 Media
Nikhila Kesavan
+91 9840124036
nikhila.kesavan@2020msl.com
Published on: 13 November 2024
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Payment Card Industry Data Security Standard (PCI DSS)
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ISO/IEC 27001:2013
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TL 9000:2016-(V) R6.3/R5.7
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Environmental Management systems (EMS)
ISO 14001:2015
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Occupational Health and Safety Management Systems (OH&S)
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Capability Maturity Model Integration (CMMI) framework for software and product development.
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Quality Management System (QMS) standard specifically designed for the telecommunications industry
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Chief Executive Officer
Kamal entered the CEO’s office in 2012 and quickly transitioned it into the most comprehensive ICT solutions and services provider in India.
As CEO, he has successfully led Sify’s transformation from an Enterprise Network and Data Center Service Provider to a Converged ICT Solutions and Services organization. A decade later, under his guidance, Sify has consistently grown in revenue and profitability and has emerged as a preferred Service Provide Partner for Enterprises, Public Sector & Government in India.
Sify is currently uniquely positioned as both Service Provider as well as Systems Integration Partner for organizations in the midst of their digital transformation journey.
Prior to joining Sify, Kamal Nath had a 17-year tenure at HCL Technologies, where in his last assignment as Country Sales & Business Head he led various transformational engagements with large Enterprises, incubated new business services, created innovative business models, and developed new and high-growth vertical customer segments.
Director
C E S Azariah rose through the ranks within India’s oldest financial institution, the State bank of India, before retiring as Chief General Manager. He then joined the Fixed Income, Money Markets, & Derivatives Association of India (FIMMDA), as CEO. At FIMMDA, he was a member of the High Power Committee on Corporate Bonds and Securitization, set up the Corporate Bond Trade Reporting Platform, and drafted the FIMMDA Code of Conduct which has since been mandatory for all G.Secs market participants.
Director
C B Mouli is an expert in taxation and corporate law. He currently chairs the audit committee for Sify in addition to his duties as Director.
C B Mouli is a member of the Institute of Chartered Accountants of India and also holds a Bachelor of Law Degree. He is a partner of C.B. Mouli & Associates, a Chartered Accountants firm. He is also a Director on the Board of Ammana Bio Pharma Limited and Ammana Equity Fund Private Limited.
Director
Dr. T H Chowdary runs the Center for Telecommunication Management and Studies in Secunderabad. His years of service with the government established him as a consummate advisor and mentor for new age industries.
From 1989-1993 he was Chairman of the Bharatiya Vidya Bhavan (the Indian Institute of Culture) Hyderabad, establishing and managing eight public schools in the States of Andhra Pradesh and Karnataka. He also was previously on the Governing Body of the University College of Engineering, Osmania University, and served as a member of the Governing Board of the American Studies Research Center (ASRC), Hyderabad.
Dr. T H Chowdary is a senior member of the IEEE, New York, Fellow of the Institution of Engineers in India, Distinguished fellow of the Institute of Electronics & Telecom Engineers in India, and was a past president of IETE in India. An active philanthropist and community leader, he is Chairman of Pragna Bharati, an association of national intellectuals that publishes articles on different topics in Telugu newspapers.
Executive Director
Ananda Raju Vegesna has served as an Executive Director of Sify since June 2007.
He also serves as Managing Director of Infinity Satcom Universal Private Limited and a Director of Village Inns Limited, Raju Vegesna Infotech & Industries Limited, Raju Vegesna Developers Private Limited, and Ramanand Core Investment Company Private Limited.
