Key facts
- Sify Infinit Spaces has postponed its planned $391 million IPO.
- The company's decision is attributed to weak stock market conditions in India.
- This move aligns with a broader trend of companies delaying share offerings.
Sify Infinit Spaces has put its planned $391 million initial public offering on hold, according to people familiar with the matter. This decision contributes to a growing number of companies delaying their share sales due to the prevailing weak stock market conditions in India.