1. The unaudited financial results for the quarter ended December 31, 2006 & the audited financial results of the Company for the financial year ended December 31, 2006.
2. Rescheduling of the object clause as stated in the prospectus subject to the approval of the shareholders in general meeting.
3. Temporarily investment of IPO surplus funds in fixed/ term deposits with Schedule Banks in additions to Nationalized Banks subject to the approval of the shareholders in general meeting.
4. Considered the introduction of the New Employees Stock Option Plan for the employees of the Company and extension of its benefit to the employees of the subsidiary companies based in India and abroad of R Systems International Limited subject to the approval of the shareholders in general meeting.
5. Recommended a final dividend of Rs. 1.20/- per equity share (being 12% on the par value of Rs. 10/- per share), to be appropriated from the profits of the company for the financial year 2006 subject to the approval of the shareholders at the ensuing Annual General Meeting.
6. Increase in the remuneration payable to Mr. O’Neil Nalavadi, Director Finance & CFO of the Company.

The following businesses were deferred for the subsequent meeting & will be transacted only after giving a fresh agenda in this regard.

1. Approval of the Directors Report, Notice of Annual General Meeting for the financial year ended December 31, 2006 etc.
2. Increase in the remuneration payable to Mr. Satinder Singh Rekhi, Chairman & Managing Director of the Company.
3. Increase in the remuneration payable to Mr. Raj Swaminathan, Director & Chief Operating Officer of the Company.
4. Increase in the remuneration payable to Mr. Sartaj Singh Rekhi, Executive Manager of our wholly owned subsidiary company R Systems, Inc.

R Systems International Limited Unaudited Results Q4 & Audited Results for FY 2006

Press Release

R Systems Investor Presentation Q4-2006