News April 27, 2013

R Systems Announces its Results for the Quarter ended March 31, 2013

Noida, April 27, 2013: The Board of directors of R Systems International Limited at its meeting held on April 27, 2013 has inter alia approved the following:

  1. The audited standalone financial results of the Company for the quarter ended March 31, 2013.
  2. The unaudited consolidated financial results of the Company for the quarter ended March 31, 2013.
  3. The closure of EU Branch, The Netherlands of the Company.
  4. Conversion of loan of SGD 2,775,560 given by R Systems (Singapore) Pte Limited (100% subsidiary of R Systems International Limited) to ECnet Limited, Singapore (99.59% subsidiary of R Systems International Limited) into equity.
  5. Purchase of 20,000 (0.03%) Ordinary shares of ECnet Limited, Singapore (a 99.59% subsidiary company of R Systems International Limited) from an existing shareholders of ECnet Limited, Singapore.

For further information please contact:
Vikash Kumar Tiwari (Tel No. 0120 - 4082 633)

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