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, 2022, 2021 and 2020 are as follows:

Country

% of Ownership interest

Particulars

of incorporation

March 31, 20

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

Sify Technologies North America Corporation

USA

100

Sify Data and Managed Services Limited

India

100

Sify Infinit Spaces Limited

India

100

Sify Digital Services Limited

India

100

Print House (India) Private Limited

India

100

Trust controlled by KMP:

India

Raju Vegesna Foundation

The following is a summary of the related party transactions for the year ended March 31, 2022:

Transactions	Holding Company		Associates		Others		Key Management Personnel
Consultancy services received		-		-		-		300
Sitting fees paid		-		-		-		2,000
Salaries and other short term benefits*		-		-		-		56,006
Contributions to defined contribution plans*		-		-		-		1,850
Share based payment transactions*		-		-		-		4,507
Lease rentals paid**		1,369		-		7,220		-
Preference shares issued#		-		-		500,000		-
Dividend paid		-		-		-		-
CSR Contribution made		-		-		13,220		-
Advances given Amount of outstanding balances		-		-		-		-
Advance lease rentals and refundable deposits made**		-		-		5,600		-
Lease rentals payable**		200		-		600		-

The following is a summary of the related party transactions for the year ended March 31, 2021:

							Key
	Holding						Management
Transactions	Company		Associates		Others		Personnel
Consultancy services received		-		-		-		300
Sitting fees paid		-		-		-		1,380
Salaries and other short term benefits*		-		-		-		41,135
Contributions to defined contribution plans*		-		-		-		1,619
Share based payment transactions*		-		-		-		11,242
Lease rentals paid**		1,220		-		7,160		-
Preference shares issued#		-		-		500,000		-
Dividend paid		-		-		-		-
Advances given Amount of outstanding balances		-		-		-		-
Advance lease rentals and refundable deposits made**		-		-		5,560		-
Lease rentals payable**		135		-		710		-

The following is a summary of the related party transactions for the year ended March 31, 2020:

Transactions	Holding Company		Associates		Others		Key Management Personnel
Consultancy services received		-		-		-		300
Sitting fees paid		-		-		-		1,540
Salaries and other short term benefits		-		-		-		41,454
Contributions to defined contribution plans		-		-		-		1,702
Share based payment transactions		-		-		-		9,095
Lease rentals paid**		1,190		-		6,713		-
Dividend paid		137,900		-		17,400		-
Advances given		-		-		3,000		-
Amount of outstanding balances
Advance lease rentals and refundable deposits made**		-		-		5,600		-
Lease rentals payable**		-		-		820		-

* Represents salaries and other benefits of Key Management Personnel comprising of Mr. Kamal Nath - Chief Executive Officer (Sify Technologies Limited), Mr. M P Vijay Kumar - Chief Financial Officer and Mr. C R Rao - Chief Operating Officer.

**During the year 2011-12, the Group had entered into a lease agreement with M/s Raju Vegesna Infotech and Industries Private Limited, the holding Group, to lease the premises owned by it for a period of three years effective February 1, 2012 on a rent of ₹

0.075

million per month. Subsequently, the Group entered into an amendment agreement with effect from April 1, 2013, providing for automatic renewal for a further period of two blocks of 3 years with an escalation of

% on the last paid rent after the end of every three years. Subsequently on account of expiry of the said agreement, the Group entered into a fresh agreement for a period of three years effective February 01, 2021 on a rent of ₹ 0.114 per month.

During the year 2011-12, the Group had also entered into a lease agreement with M/s Raju Vegesna Developers Private Limited, a Group in which Mr Ananda Raju Vegesna, Executive Director of the Group and Mr Raju Vegesna, Chairman and Managing director of the Group exercise significant influence, to lease the premises owned by it for a period of three years effective February 1, 2012 on a rent of ₹ 0.030 million per month. The agreement provides for the automatic renewal for further period of two blocks of 3 years with an escalation of

During the year 2010-11, the Group had entered into a lease agreement with Ms Radhika Vegesna, daughter of Mr Anand Raju Vegesna, Executive Director of the Group, to lease the premises owned by her for a period of three years effective June 1, 2010 on a rent of ₹ 0.3 million per month and payment of refundable security deposit of ₹ 2.6 million. This arrangement will automatically be renewed for a further period of two blocks of three years with all the terms remaining unchanged. Subsequently on account of expiry of the said agreement, the Group entered into a fresh agreement for a period of three years effective June 1, 2019 on a rent of ₹ 0.556 million per month and payment of additional refundable security deposit of ₹ 3 million. This arrangement will automatically be renewed for a further period of two blocks of three years with all the terms remaining unchanged.

# ₹ 500 million towards Cumulative Non-convertible Redeemable preference shares issued by Print house (India) Private limited to Ramanand Developers private limited with the tenure of 20 years from the date of allotment which will carry a preferential dividend of 9% per annum, payable till redemption.