R Systems Announces its Results for the Quarter & Financial Year ended December 31, 2013
The Board of directors of R Systems International Limited at its meeting held on February 07, 2014 has inter alia approved the following:
- Approved the audited standalone financial results of the Company for the quarter and financial year ended December 31, 2013 (refer Note 10 of the Standalone Financial Results).
- Approved the audited consolidated financial results of the Company for the quarter and financial year ended December 31, 2013 (refer Note 12 of the Consolidated Financial Results).
- Recommended a final dividend of Re. 0.95 per equity share of face value of Re. 1/- each (equivalent to Rs. 9.50 per equity share of face value of Rs. 10/- per share before the sub-division of equity shares) (being 95% on the par value) to be appropriated from the profits for the financial year ended December 31, 2013, subject to the approval of shareholders at the ensuing Annual General Meeting. This is in addition to the first interim dividend and second interim dividend of Rs. 2.50 and Rs. 8.50 respectively paid on per equity share of face value of Rs. 10/- each during the year 2013. Thus total dividend for the financial year 2013 aggregates to Rs. 2.05 per shares on face value of Re. 1/- each (i.e. equivalent to Rs. 20.50 per equity share of face value of Rs. 10/- each) (being 205% on the par value).
Pursuant to the provisions of Clause 20 (as amended) of the Listing Agreement, the date of payment of aforesaid final dividend, if approved by the shareholders will be intimated along with the declaration of dates for book closure and Annual General Meeting.
For further information please contact:
Vikash Kumar Tiwari (Tel No. 0120 – 4082 633)