News February 21, 2010
R Systems Announces its Results for the Fourth Quarter & Financial Year ended December 31, 2009
Noida, February 21, 2010: The Board of directors of R
Systems International Limited at its meeting held on February 21, 2010 has inter
alia unanimously transacted the following businesses:
- Approved the audited standalone financial results of the Company for the
financial year ended December 31, 2009 and approved the standalone financial
results for the fourth quarter ended December 31, 2009.
- Approved the audited consolidated financial results of the Company for the
financial year ended December 31, 2009 and approved the consolidated financial
results for the fourth quarter ended December 31, 2009.
- Recommended a final dividend of Rs. 2.40 per equity share (being 24% on
the par value of Rs. 10 per share), to be appropriated from the profits for the
financial year ended December 31, 2009 subject to the approval of the shareholders
at the ensuing annual general meeting.
- Approved an extension of time for utilisation of initial public offer proceeds
as stated in the prospectus and subsequently revised up to June 30, 2012, subject
to the approval of the shareholders at the ensuing annual general meeting
- Approved and confirmed the appointment of Mr. Shankar Seetharaman as the
Chief Financial Officer of R Systems International Limited w.e.f. February 21,
2010.
For further information please contact:
Suresh Kumar Bhutani (Tel No. 0120 - 4082 633)