R Systems Announces the outcome of the Board Meeting

The Board of Directors of the Company (“Board”) in its meeting held on July 11, 2023 has inter-alia transacted the following businesses:

• Approved the term loan facilities from Axis Finance Limited and Axis Bank Limited for an amount not exceeding INR 45 Crore and INR 15 Crore, respectively.
• Constituted the Management Committee of the Board and delegated certain powers of the Board to the Management Committee. The Management Committee of the Board shall have following members:

S.No.	Name of members	Designation	Position
1.	Mrs. Ruchica Gupta	Chairperson and non-executive Independent director	Chairperson
2.	Mr. Nitesh Bansal	Managing Director & Chief Executive Officer	Member
3.	Mr. Animesh Agrawal	Non-Executive Director	Member
4.	Mr. Nand Sardana	Chief Financial Officer	Member

 

Corporate Disclosure under SEBI (LODR) Regulations, 2015 for business approved at the Board Meeting.

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