01:28 PM EDT, 07/24/2024 (MT Newswires) -- Sify Technologies ( SIFY ) said Wednesday the Nasdaq has notified the company of its noncompliance with the $1 a share minimum bid price rule for continued listing on the exchange.
The company said it was given until Jan. 15 next year to regain compliance.
Shares of the company were down more than 5% in recent trading.
Price: 0.44, Change: -0.03, Percent Change: -5.78