v3.26.1
Related party transaction (Tables)
 12 Months Ended
Mar. 31, 2026
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, 2026, 2025 and 2024 are as follows:

 

 

 

 

 

% of Ownership interest

Particulars

 

Country of incorporation

 

March 31, 2026

 

March 31, 2025

Holding Company

 

 

 

 

 

 

Raju Vegesna Infotech & Industries Private Limited

 

India

 

 

 

 

Wholly owned Subsidiaries of Holding company

 

 

 

 

 

 

Ramanand Core Investment Company Private Limited

 

India

 

 

 

 

Satya Sravanthi Agrofarms Private Limited

 

India

 

 

 

 

Anantha Koti Raju Developers Private Limited

 

India

 

 

 

 

V.A.L.S. Developers Private Limited

 

India

 

 

 

 

KKAAR Farms and Developers Private Limited

 

India

 

 

 

 

Raju Vegesna Properties (India) Private Limited

 

India

 

 

 

 

V.A.R. Agrotech Private Limited

 

India

 

 

 

 

Village Inns (India) Private Limited

 

India

 

 

 

 

Raju Vegesna Developers Private Limited

 

India

 

 

 

 

V.R.R. Shelters Private Limited

 

India

 

 

 

 

Subsidiaries

 

 

 

 

 

 

Sify Technologies (Singapore) Pte. Limited

 

Singapore

 

100.00

 

100.00

Sify Technologies North America Corporation

 

USA

 

100.00

 

100.00

Sify Data and Managed Services Limited

 

India

 

100.00

 

100.00

Sify Infinit Spaces Limited *

 

India

 

88.45

 

100.00

Sify Digital Services Limited

 

India

 

100.00

 

100.00

SKVR Software Solution Private Limited *

 

India

 

94.34

 

100.00

Key Management Personnel

 

 

 

 

 

 

Mr. Raju Vegesna - CEO, Chairman and Managing Director

 

 

 

 

 

 

Mr. M P Vijay Kumar - Executive Director & Chief Financial Officer

 

 

 

 

 

 

Mr. C R Rao - Chief Operating Officer

 

 

 

 

 

 

Mr. Arun Seth - Independent Director

 

 

 

 

 

 

Mr. Ram Sewak Sharma - Independent Director (w.e.f. 20.06.2025)

 

 

 

 

 

 

Mr. Thomas Michael Bradicich - Independent Director (w.e.f. 05.07.2024)

 

 

 

 

 

 

Mrs. Padmaja Chunduru - Independent Director (w.e.f. 12.10.2024)

 

 

 

 

 

 

Mrs. Bala Saraswathi Vegesna - Professional Director

 

 

 

 

 

 

Trust controlled by KMP:

 

 

 

 

 

 

Vegesna Family Trust, USA

 

 

 

 

 

 

Raju Vegesna Foundation, India

 

 

 

 

 

 

 

 

*

Pursuant to Conversion of Compulsorily Convertible Debentures and Compulsorily Convertible Preference Shares into equity Shares by SISL on February 07,2026, the holding of Sify Technologies Limited stands reduced from 100% to 88.45%. Consequently, the holding in SKVR Software Solution Private Limited stands reduced from 100% to 94.34%.
Disclosure of transactions between related parties [text block]

The following is a summary of the related party transactions for the year ended March 31, 2026:

 

Transactions

 

Holding Company

 

Others

 

Key Management Personnel

Consultancy services received

 

-

 

-

 

-

Sitting fees paid

 

-

 

-

 

15

Salaries and other short-term benefits *

 

-

 

-

 

46

Contributions to defined contribution plans *

 

-

 

-

 

2

Share based payment transactions *

 

-

 

-

 

-

Lease rentals paid

 

3

 

10

 

-

CSR Contribution made

 

-

 

25

 

-

Amount of outstanding balances

 

 

 

 

 

 

Advance lease rentals and refundable deposits made

 

1

 

6

 

-

Lease rentals payable

 

-

 

-

 

-

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

 

-

 

-

 

0

Sitting fees paid

 

-

 

-

 

7

Salaries and other short-term benefits *

 

-

 

-

 

50

Contributions to defined contribution plans *

 

-

 

-

 

3

Share based payment transactions *

 

-

 

-

 

-

Lease rentals paid

 

2

 

9

 

-

CSR Contribution made

 

-

 

20

 

-

Amount of outstanding balances

 

 

 

 

 

 

Advance lease rentals and refundable deposits made

 

1

 

6

 

-

Lease rentals payable

 

-

 

-

 

-

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

 

-

 

-

 

0

Sitting fees paid

 

-

 

-

 

3

Salaries and other short-term benefits *

 

-

 

-

 

62

Contributions to defined contribution plans *

 

-

 

-

 

3

Share based payment transactions *

 

-

 

-

 

-

Lease rentals paid

 

1

 

9

 

-

CSR Contribution made

 

-

 

28

 

-

Amount of outstanding balances

 

 

 

 

 

 

6% Non-Cumulative Compulsorily convertible preference shares

 

-

 

500

 

-

Advance lease rentals and refundable deposits made

 

-

 

6

 

-

Lease rentals payable

 

0

 

1

 

-

  

 

*

Represents salaries and other benefits of Key Management Personnel comprising of Mr. M P Vijay Kumar – Executive Director and Chief Financial Officer, Mr. C R Rao – Chief Operating Officer and Mr. Kamal Nath - Chief Executive Officer (for March 31, 2025 and March 31, 2024).