11:01 AM EDT, 10/21/2024 (MT Newswires) -- Sify Technologies ( SIFY ) said Monday it has regained compliance with the Nasdaq's minimum bid price requirement for continued listing.

Sify ( SIFY ) said the closing bid price of its American depositary shares was at least $1 per ADS for 10 consecutive business days from Oct. 4 to Oct. 17, the company said, citing a notification letter received Friday.

Shares of the company fell 7.4% in recent trading.

Price: 3.60, Change: -0.29, Percent Change: -7.35