News December 26, 2012

R Systems Announces the outcome

Noida, December 26, 2012: The Committee of Independent Directors for Open Offer at its meeting held today i.e. on December 26, 2012 discussed, analysed and approved updation in the reasoned recommendations on the Open Offer given by Mr. Bhavook Tripathi for acquisition of 26% Equity Shares of R Systems International Limited pursuant to Public Announcement dated December 15, 2011, Detailed Public Statement dated December 22, 2011, Draft Letter of Offer and also Supplemental Public Announcement dated March 13, 2012 and August 04, 2012 in accordance with the provisions of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

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

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