Correspondence 0001575872-23-000300 from SIFY TECHNOLOGIES LTD (SIFY)
SIFY TECHNOLOGIES LTD
Date: Feb. 22, 2023 · CIK: 0001094324 · Accession: 0001575872-23-000300
AI Filing Summary & Sentiment
File numbers found in text: 000-27663
Letter
VIA EDGAR Division of Corporation Finance Securities and Exchange Commission Attention: Ms. Claire DeLabar Re: Sify Technologies Limited Form 20-F for the Fiscal Year Ended March 31, 2022 Filed June 10, 2022 File No. 000-27663
Dear Ms. DeLabar,
This letter is submitted on behalf of Sify Technologies Limited (the “Company”) in response to the comments of the staff of the Division of Corporation Finance of the Securities and Exchange Commission, as set forth in your letter (the “Comment Letter”) to M P Vijay Kumar dated February 9, 2023 with respect to the Company’s Audited Financial Statements filed along with Form 20-F for the fiscal year ended March 31, 2022. For reference purposes, the relevant text of your letter has been reproduced herein with a response below your comment.
Comment:
Report of Independent Registered Public Accounting Firm, page 104
We note that the report of Manohar Chowdry & Associates, C.A. refers only to the year ended March 31, 2022. We also note that the consent from Manohar Chowdry & Associates, C.A. in Exhibit 15.1 states that the report dated June 10, 2022 is for the three years ended March 31, 2022 and the consent from ASA & Associates LLP in Exhibit 15.2 states that the report dated July 28, 2021 is for the two years ended March 31, 2021 and 2020. Please provide the report from ASA & Associates LLP for the years ended 2021 and 2020 in an amended Form 20-F or revise the report from Manohar Chowdry & Associates, C.A. on page 104 to include all three years presented, whichever disclosure revision reflects the audit work performed by each firm pursuant to Items 8(A)(1) and (2) of Form 20-F. Please also file corrected exhibits, as necessary.
Response:
In response to your comment, the Company is filing an amendment to its Annual Report to provide (i) an audit report from ASA & Associates LLP for the consolidated statements of financial position of the Company as of March 31, 2021 and the related consolidated statements of income, comprehensive income, changes in equity and cash flows for each of the years in the two-year period ended March 31, 2021 and the related notes, and (ii) An actual consent from Manohar Chowdry & Associates, C.A. reflecting that their audit report is for the year ended March 31, 2022.
If you have any questions regarding the above clarifications, please feel free to contact the undersigned at +91 44 2254 0770, ext. 2010.
/s/ M P Vijay Kumar
Name: M P Vijay Kumar
Title: Chief Financial Officer
Sify Technologies Limited
Chennai
India
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SIFY TECHNOLOGIES LIMITED
Tidel Park, Second Floor
No. 4, Rajiv Gandhi Salai, Taramani
Chennai 600 113
India.
VIA EDGAR
February 22, 2023
Division of Corporation Finance
Securities and Exchange Commission
100 F Street, N.E.
Washington D.C. 20549
Attention: Ms. Claire DeLabar
Staff Accountant
Re: Sify Technologies Limited
Form 20-F for the Fiscal Year Ended March 31, 2022
Filed June 10, 2022
File No. 000-27663
Dear Ms. DeLabar,
This letter is submitted on behalf of Sify Technologies
Limited (the “Company”) in response to the comments of the staff of the Division of Corporation Finance of the Securities
and Exchange Commission, as set forth in your letter (the “Comment Letter”) to M P Vijay Kumar dated February 9, 2023 with
respect to the Company’s Audited Financial Statements filed along with Form 20-F for the fiscal year ended March 31, 2022. For reference
purposes, the relevant text of your letter has been reproduced herein with a response below your comment.
Comment:
Report of Independent Registered Public Accounting
Firm, page 104
We note that the report of Manohar Chowdry & Associates, C.A. refers
only to the year ended March 31, 2022. We also note that the consent from Manohar Chowdry & Associates, C.A. in Exhibit 15.1 states
that the report dated June 10, 2022 is for the three years ended March 31, 2022 and the consent from ASA & Associates LLP in Exhibit
15.2 states that the report dated July 28, 2021 is for the two years ended March 31, 2021 and 2020. Please provide the report from ASA
& Associates LLP for the years ended 2021 and 2020 in an amended Form 20-F or revise the report from Manohar Chowdry & Associates,
C.A. on page 104 to include all three years presented, whichever disclosure revision reflects the audit work performed by each firm pursuant
to Items 8(A)(1) and (2) of Form 20-F. Please also file corrected exhibits, as necessary.
Response:
In response to your comment, the Company is filing
an amendment to its Annual Report to provide (i) an audit report from ASA & Associates LLP for the consolidated statements of financial
position of the Company as of March 31, 2021 and the related consolidated statements of income, comprehensive income, changes in equity
and cash flows for each of the years in the two-year period ended March 31, 2021 and the related notes, and (ii) An actual consent from
Manohar Chowdry & Associates, C.A. reflecting that their audit report is for the year ended March 31, 2022.
If you have any questions regarding the above
clarifications, please feel free to contact the undersigned at +91 44 2254 0770, ext. 2010.
/s/ M P Vijay Kumar
Name: M P Vijay Kumar
Title: Chief Financial Officer
Sify Technologies Limited
Chennai
India