News September 16, 2012

R Systems Announces the outcome of meetings of Board of Directors

Noida, September 16, 2012: The Board of Directors of R Systems International Limited at its meeting held on September 16, 2012 has inter alia approved the following:

  1. Reappointment and remuneration of Mr. Raj Swaminathan as Director and Chief Operating Officer of the Company.
  2. Allotment of 12,300 equity shares of Rs. 10/- each at the price of Rs. 120.70 per share pursuant to the exercise of the stock options granted to the employees of the Company & its subsidiaries under R Systems International Limited Employee Stock Option Scheme 2007.

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

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