R Systems Announces the Postal Ballot Result

September 23, 2014

R Systems Announces the Postal Ballot Result

Pursuant to Section 110 of the Companies Act, 2013, read with the Companies (Management & Administration) Rules, 2014, the following Special Resolution as proposed vide Postal Ballot Notice dated July 26, 2014 has been passed by the members of the Company through voting by way of Postal Ballot including e-voting:

Transfer of Indus Business Unit to R System Products & Technologies Limited, a wholly owned subsidiary of R Systems International Limited on a slump sale basis under Section 180(1)(a) read with Section 188 of the Companies Act, 2013 and Rules made there under.

Based on the Scrutinizer’s Report dated September 22, 2014 of M/s. Sanjay Grover & Associates, Practicing Company Secretary, the result of the Postal Ballot was declared at 4.00 P.M. on September 23, 2014 at the registered office of the Company as follows:

Particulars	No. of Shareholders	No. of Equity Shares	Paid-up value of the Equity Shares (In Rs.)	% of Total Paid-up Equity Capital
(a) Total Votes Received (including e-votes)	312	113,128,849	113,128,849	88.8210
(b) Less : Invalid Votes (as per register)	28	126,818	126,818	0.0996
(c) Net Valid Votes (as per Register)	284	113,002,031	113,002,031	88.7215

As per the Scrutinizer’s Report, on reckoning the voting rights of the shareholders on the basis of the paid up value of the shares registered in their names, total percentage of assent of total valid votes in respect of the resolution(s) are as under: