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Related party transaction: (Tables)
 12 Months Ended
Mar. 31, 2025
Disclosure of related parties [Abstract]  
Disclosure of detailed information about related parties [text block]
The related parties where control / significant influence exists are subsidiaries and associates. Key management personnel are those persons having authority and responsibility for planning, directing and controlling the activities of the entity, directly or indirectly, including any director whether executive or otherwise. Key management personnel include the board of directors and other senior management executives. The other related parties are those with whom the Group has had transaction during the years ended March 31, 2025, 2024 and 2023 are as follows:
 
 
 
 
 
 
% of Ownership interest
 
 
 
 
Particulars 
 
 
Country
of incorporation


March 31, 2025
 
 
March 31, 2024
 
Holding Company
 
 
 
 
 
 
 
 
 
 
 
 
Infinity Satcom Universal Private Limited
 
 
India
 
 
 
 
 
 
 
 
 
Raju Vegesna Infotech & Industries Private Limited (Subsidiary of Infinity Satcom Universal Private Limited)
 
 
India
 
 
 
 
 
 
 
 
 
Ramanand Core Investment Company Private Limited (Subsidiary of Raju Vegesna Infotech & Industries Private Limited)
 
 
India
 
 
 
 
 
 
 
 
 
Subsidiaries
 
 
 
 
 
 
 
 
 
 
 
 
Sify Technologies (Singapore) Pte. Limited
 
 
Singapore
 
 
 
100
 
 
 
100
 
Sify Technologies North America Corporation
 
 
USA
 
 
 
100
 
 
 
100
 
Sify Data and Managed Services Limited
 
 
India
 
 
 
100
 
 
 
100
 
Sify Infinit Spaces Limited
 
 
India
 
 
 
100
 
 
 
100
 
Sify Digital Services Limited
 
 
India
 
 
 
100
 
 
 
100
 
Patel Auto Engineering Company (India) Private Limited*
 
 
India
 
 
 
-
 
 
 
-
 
SKVR Software Solution Private Limited
 
 
India
 
 
 
100
 
 
 
100
 
Key Management Personnel
 
 
 
 
 
 
 
 
 
 
 
 
Mr. Raju Vegesna - Chairman and Managing Director
 
 
 
 
 
 
 
 
 
 
 
 
Mr. M P Vijay Kumar – Executive Director and Chief Financial Officer
 
 
 
 
 
 
 
 
 
 
 
 
Mr. C R Rao - Chief Operating Officer
 
 
 
 
 
 
 
 
 
 
 
 
Mr. Kamal Nath – Chief Executive Officer (till
October 31, 2024
)


 
 
 
 
 
 
 
 
 
 
Trust controlled by KMP:
 
 
India
 
 
 
 
 
 
 
 
 
Raju Vegesna Foundation
 
 
 
 
 
 
 
 
 
 
 
 
 
*
During the year 2022-23, Sify Technologies Limited (Company) has acquired Patel Auto Engineering Company (India) Private Limited (“PAECIPL”) with its registered office in Rabale, Navi Mumbai through Share Purchase agreement dated March 22, 2023 for a consideration of ₹ 525.00 million paid to Shareholders of PAECIPL. The Company has also given an Intercorporate Deposit of ₹ 85.00
million
 
to PAECIPL. PAECIPL have only the Land allocated by MIDC on their books as on the date of Acquisition. The standalone financial statement of the Company shall account for leasehold rights of the land under Right to use asset for the fair value of leasehold rights with a description that the value of consideration is towards investment in Patel Auto Engineering Company (India) Private Limited (“PAECIPL”) and to represent this would comply with the requirement in the relevant standards as well as Conceptual Framework for Financial Reporting. Scheme of Amalgamation of PAECIPL with Sify Infinity Spaces Limited (“SISL”) is filed with Hon'ble NCLT on Feb 09, 2024. Scheme of amalgamation is approved by the Hon'ble NCLT on January 09, 2025 effective April 01, 2023. SISL has issued 17.08546 equity shares for every 1 equity share held by the shareholders of PAECIPL.
Disclosure of transactions between related parties [text block]
The following is a summary of the related party transactions for the year ended March 31, 2025:
 
Transactions
 
Holding Company
 
 
Others
 
 
Key Management
Personnel
 
 
Consultancy services received
 
 
-
 
 
 
-
 
 
 
90
 
Sitting fees paid
 
 
-
 
 
 
-
 
 
 
7,420
 
Salaries and other short term benefits*
 
 
-
 
 
 
-
 
 
 
50,034
 
Contributions to defined contribution plans*
 
 
-
 
 
 
-
 
 
 
2,582
 
Share based payment transactions*
 
 
-
 
 
 
-
 
 
 
-
 
Lease rentals paid**
 
 
2,247
 
 
 
8,970
 
 
 
-
 
CSR Contribution made
 
 
-
 
 
 
19,962
 
 
 
-
 
Amount of outstanding balances
 
 
 
 
 
 
 
 
 
 
 
 
6% Non-Cumulative Compulsorily convertible preference shares#
 
 
-
 
 
 
-
 
 
 
-
 
Advance lease rentals and refundable deposits made**
 
 
-
 
 
 
5,600
 
 
 
-
 
Lease rentals payable**
 
 
-
 
 
 
-
 
 
 
-
 
 
All transactions between Sify Technologies Limited and its subsidiaries up to March 31, 2025 of this Annual Report have been in the ordinary course of business
 
The following is a summary of the related party transactions for the year ended March 31, 2024:
 
Transactions
 
Holding Company
 
 
Others
 
 
Key Management
Personnel
 
 
Consultancy services received
 
 
-
 
 
 
-
 
 
 
300
 
Sitting fees paid
 
 
-
 
 
 
-
 
 
 
2,740
 
Salaries and other short term benefits*
 
 
-
 
 
 
-
 
 
 
62,053
 
Contributions to defined contribution plans*
 
 
-
 
 
 
-
 
 
 
2,541
 
Share based payment transactions*
 
 
-
 
 
 
-
 
 
 
-
 
Lease rentals paid**
 
 
1,369
 
 
 
8,594
 
 
 
-
 
CSR Contribution made
 
 
-
 
 
 
27,850
 
 
 
-
 
Amount of outstanding balances
 
 
 
 
 
 
 
 
 
 
 
 
6% Non-Cumulative Compulsorily convertible preference shares#
 
 
-
 
 
 
500,000
 
 
 
-
 
Advance lease rentals and refundable deposits made**
 
 
-
 
 
 
5,600
 
 
 
-
 
Lease rentals payable**
 
 
114
 
 
 
685
 
 
 
-
 
 
All transactions between Sify Technologies Limited and its subsidiaries up to March 31, 2024 of this Annual Report have been in the ordinary course of business
 
The following is a summary of the related party transactions for the year ended March 31, 2023:
Transactions
 
Holding Company
 
 
Others
 
 
Key Management
Personnel
 
 
Consultancy services received
 
 
-
 
 
 
-
 
 
 
300
 
Sitting fees paid
 
 
-
 
 
 
-
 
 
 
2,200
 
Salaries and other short term benefits*
 
 
-
 
 
 
-
 
 
 
55,930
 
Contributions to defined contribution plans*
 
 
-
 
 
 
-
 
 
 
2,151
 
Share based payment transactions*
 
 
-
 
 
 
-
 
 
 
1,901
 
Lease rentals paid**
 
 
1,369
 
 
 
8,054
 
 
 
-
 
CSR Contribution made
 
 
-
 
 
 
24,390
 
 
 
-
 
Amount of outstanding balances
 
 
 
 
 
 
 
 
 
 
 
 
6% Non-Cumulative compulsorily convertible preference shares##
 
 
-
 
 
 
500,000
 
 
 
-
 
Advance lease rentals and refundable deposits made**
 
 
-
 
 
 
5,600
 
 
 
-
 
Lease rentals payable**
 
 
114
 
 
 
685
 
 
 
-