United
States
Securities and Exchange Commission
Washington, DC 20549
FORM 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): July 21, 2005
Commission File Number 000-27663
SIFY LIMITED
(Exact name of registrant as specified in its charter)
Not Applicable
(Translation of registrant’s name into English)
Republic of India
(Jurisdiction of incorporation or organization)
Tidel Park, Second Floor
No. 4, Canal Bank Road, Taramani
Chennai 600 113, India
(91) 44-254-0770
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover Form
20-F or Form 40-F. Form 20F þ Form 40 F o
Indicate by check mark whether the registrant by furnishing the information contained in this Form
is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the
Securities Exchange Act of 1934. Yes o No þ
If “Yes” is marked, indicate below the file number assigned to registrant in connection with Rule
12g3-2(b). Not applicable.
TABLE OF CONTENTS
Item 1.01. Entry into a Material Definitive Agreement.
Effective July 21, 2005, Sify Limited (“Sify”) entered into a Termination and Amendment
Agreement (the “Agreement”) with two of its existing investors, Satyam Computer Services Limited
(“Satyam”) and Venture Tech Solutions Private Limited (“Venture Tech”), a copy of which is attached
as Exhibit 99.1. Pursuant to the Agreement, Venture Tech irrevocably terminated all of its rights
and obligations pursuant to the Investor Rights Agreement, dated October 7, 2002, by and among
Sify, Satyam, SAIF Investment Company Limited and Venture Tech.
Item 5.02. Departure of Directors or Principal Officers; Election of Directors.
Mr. Sandeep Reddy resigned from Sify’s Board of Directors effective July 21, 2005. Sify’s
Board is currently comprised of Messrs. B. Rama Raju, R. Ramaraj, T. H. Chowdary, C. B. Mouli, S.
K. Rao, R. D. Thulasiraj and V. Srinivas.
Item 9.01. Financial Statements and Exhibits
(c) Exhibits.
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99.1
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Termination and Amendment Agreement, effective July 21, 2005,
by and among Sify Limited, Satyam Computer Services Limited and Venture Tech
Solutions Private Limited. |
Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly
caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Date: September 7, 2005
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SIFY LIMITED
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By: |
/s/ Anil Ahuja
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Name: |
Anil Ahuja |
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Title: |
Chief Financial Officer |
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