R Systems Announces the outcome of its Annual General Meeting (along with Voting Results)

This is with reference to Regulation 30, 44 and other applicable provisions of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”). We wish to inform you that the shareholders of the Company at Twenty Seventh Annual General Meeting (“AGM”) held on May 19, 2021 through video conferencing (VC)/ Other Audio Visual Means (“OAVM”) have approved the following items as per the Notice of AGM dated April 20, 2021 by way of requisite majority through remote e-voting and e- voting during the AGM:

1. Adoption of audited financial statements (including consolidated financial statements) of the Company for the financial year ended December 31, 2020 and the Reports of the Board of Directors and the Auditors thereon.
2. Appointment of Mr. Avirag Jain (DIN: 00004801), as director of the Company who retired by rotation and being eligible, offered himself for re-appointment.
3. Payment of Remuneration to Dr. Satinder Singh Rekhi as Managing Director & Chief Executive Officer of the Company.
4. Re-appointment and remuneration of Lt. Gen. Baldev Singh (Retd.) (DIN: 00006966) as President and Senior Executive Director of the Company
5. Re-appointment of Mrs. Ruchica Gupta (DIN: 06912329), as Non-Executive Independent Director of the Company.
6. Re-appointment of Mr. Kapil Dhameja (DIN: 02889310), as Non-Executive Independent Director of the Company.
7. Re-appointment of Mr. Aditya Wadhwa (DIN: 07556408), as Non-Executive Independent Director of the Company.
8. Payment of performance bonus to Mr. Avirag Jain, Director & Chief Technology Officer of the Company

Scrutinizer’s Report

Outcome and fair Summary of AGM

Voting results as per Regulation 44 of the SEBI (Listing Obligations & Disclosures Requirements) Regulations, 2015

For further information please contact:
Bhasker Dubey (Tel No. 0120 – 430 3566)