R Systems Announces its Results for the Quarter ended March 31, 2019

May 2, 2019

The Board of directors of R Systems International Limited at its meeting held on May 02, 2019 has inter alia transacted the following businesses:

Audited standalone financial results of the Company for the quarter ended March 31, 2019.
Unaudited consolidated financial results of the Company for the quarter ended March 31, 2019.
Allotment of 37,500 equity shares of Re. 1/- each at the price of Rs. 12.07 per share pursuant to the exercise of the stock options granted to the employees of the Company under R Systems International Limited Employee Stock Option Scheme 2007.
The Annual Report of R Systems International Limited for the financial year ended December 31, 2018 and authorised the Company Secretary & Compliance Officer to convene the Annual General Meeting of the Company on Tuesday, May 28, 2019 at 09:00 A.M.
Closure of the register of members and share transfer books from May 24, 2019 to May 28, 2019 (both days inclusive) for the purpose of convening the Annual General Meeting.
Appointment of Mr. Sanjay Grover, Practicing Company Secretary as Scrutinizer for the ensuing Annual General Meeting to be held on May 28, 2019.
Scheme of Capital Reduction under Section 66 of the Companies Act, 2013 between R Systems International Limited and its Shareholders and Creditors.
Acquisition of 100% shares of IBIZ Consultancy Services India Private Limited from IBIZ Consulting Pte. Ltd., Singapore, a step down wholly-owned subsidiary. Accordingly, IBIZ Consultancy Services India Private Limited will become direct wholly-owned subsidiary of the Company.

For further information please contact:
Bhasker Dubey (Tel No. 0120 – 430 3566)

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