Investor News

We wish to inform you that the Board of Directors of R Systems International Limited (“R Systems”/ “Amalgamated Company”), after considering the recommendations of the Audit Committee and the Committee of Independent Directors, at its meeting held today, September 11, 2024, has, inter alia, approved the Composite Scheme of Amalgamation of Velotio Technologies Private Limited (“Velotio” or “Amalgamating Company 1”) and Scaleworx Technologies Private Limited (“Scaleworx” or “Amalgamating Company 2”) (Amalgamating Company 1 and Amalgamating Company 2 collectively referred to as “Amalgamating Companies”) with the Amalgamated Company (Amalgamated Company and Amalgamating Companies collectively referred to as “Companies”) (“Scheme”) under Sections 230 to 232 and other applicable provisions of the Companies Act, 2013 (the “Act”).

Stock Exchange Intimation

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