R Systems Announces its Board Meeting to inter alia consider the following

The meeting of the Board of Directors of R Systems International Limited is scheduled to be held on Saturday, July 26, 2014 at the Corporate Office of the Company at C – 40, Sector – 59, Noida to inter alia transact the following business:

1. To consider and approve the audited standalone financial results and the unaudited consolidated financial results of the Company for the quarter and half year ended June 30, 2014.
2. To consider and approve the declaration of second interim dividend, if any, for the year 2014.
3. To consider and approve the proposal for transfer of Indus Business Unit of the Company to R Systems Products & Technologies Limited, a Wholly Owned Subsidiary of R Systems International Limited on a slump sale basis, subject to the necessary approval of the shareholders and other competent authorities, to pursue various strategic opportunities including alliances/ joint venture/ merger & acquisition / divestment etc.
4. To consider and approve the Notice for passing of resolution through Postal Ballot seeking approval of the shareholders pursuant to Section 110 of the Companies Act, 2013 for the purpose of aforementioned transfer of Indus Business Unit on slump sale basis to wholly owned subsidiary of the Company i.e. R Systems Products & Technologies Limited.

The record date for the purpose of second interim dividend for the year 2014, if declared by the Board, shall be August 06, 2014.

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