designed processed & printed at nagaraj co pvt ltd untitled 15 7 2 2005 12 35 pm 1 sify limited formerly satyam infoway contents page no board of directors 3 report 5 auditors financial statements as per indian gaap 18 annual reports subsidiary companies elearning 37 webexchange 47 safescrypt 57 plasticscommerce 67 indiaworldcommunications 79 e alcatraz consulting private 91 international inc 101 this intentionally left blank limitedboard srinivasa c raju chairman r ramaraj managing director ceo ravi chandra adusumalli t h chowdary manish mehta sandeep reddy v srinivas anil ahuja chief officer ramasubramanian company secretary registered office 2nd floor tidel park 4 canal bank road taramani chennai 600 113 india bankers state idbi hdfc citibank na abn amro icici bharat s raut chartered accountants dear members your have pleasure in presenting the eighth together with
