Gregory Burns

Mihir Thakker

Gopal Bajaj

Greg Burns

Jonathan Atkin

Sri Kant

- Sify Infinit Spaces Limited (SISL), a subsidiary of SIFY, is proposing an **Initial Public Offering (IPO)** of its equity shares on the BSE Limited and National Stock Exchange of India Limited.  **[1094324_0001575872-25-000613_sify074_ex99-1.htm:1]** **[1094324_0001575872-25-000613_sify074_ex99-3.htm:2]** 
- The IPO will comprise a **fresh issue of Equity Shares** by SISL and an **offer for sale by certain existing shareholders**.  **[1094324_0001575872-25-000613_sify074_ex99-1.htm:1]** **[1094324_0001575872-25-000613_sify074_ex99-3.htm:2]** 
- The board of directors of SISL approved the IPO on **September 25, 2025**.  **[1094324_0001575872-25-000613_sify074_ex99-1.htm:1]** **[1094324_0001575872-25-000613_sify074_ex99-3.htm:2]** 
- Existing investors, Kotak Special Situations Fund (KSSF) and Kotak Data Centre Fund (KDCF), have consented to SISL raising capital through the IPO, aggregating up to **INR 25,000,000,000** (including a possible pre-offering placement of up to **INR 5,000,000,000**) and an offer for sale by existing holders aggregating up to **INR 12,000,000,000**.  **[1094324_0001575872-25-000613_sify074_6k.htm:2]** **[1094324_0001575872-25-000613_sify074_6k.htm:3]** **[1094324_0001575872-25-000613_sify074_ex99-1.htm:4]** 
- If the IPO proceeds as a "Qualified IPO," all Convertible Compulsorily Debentures (CCDs) issued under the KSSF DSA and KDCF DSA would be **converted into Equity Shares**, leading to the termination of these agreements.  **[1094324_0001575872-25-000613_sify074_6k.htm:3]**

SIFY TECHNOLOGIES (SIFY)