General information about company

Name of The CompanyR Systems International Limited
BSE Scrip Code532735
NSE SymbolRSYSTEMS
MSE SymbolINE411H01032
Date of Start of Financial Year01-01-2023
Date of End of Financial Year31-12-2023
Reporting PeriodFirst half yearly
Date of Start of Reporting Period01-01-2023
Date of End of Reporting Period30-06-2023
Level of rounding to be used in disclosing related party transactionsMillions
Whether the company has any related party?Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure?Yes



(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/publicYes
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of bank’s staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure.NA
(III) Whether the company is a ‘high value debt listed entity’ according to regulation 15 (1A)?No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.






Related party transactions

Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Sr No.Details of the party (listed entity /subsidiary) entering into the transactionDetails of the counterpartyType of related party transactionDetails of other related party transactionValue of the related party transaction as approved by the audit committeeRemarks on approval by audit committeeValue of transaction during the reporting periodIn case monies are due to either party as a result of the transactionIn case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investmentsDetails of the loans, inter-corporate deposits, advances or investmentsNotes
NamePANNamePANRelationship of the counterparty with the listed entity or its subsidiaryOpening balanceClosing balanceNature of indebtedness (loan/ issuance of debt/ any other etc.)Details of other indebtednessCostTenureNature (loan/ advance/ intercorporate deposit/ investment )Interest Rate (%)TenureSecured/ unsecuredPurpose for which the funds will be utilised by the ultimate recipient of funds (endusage)
1R Systems International LimitedAABCR9541BR Systems Inc.ZZZZZ9999ZWholly owned subsidiaryDividend receivedNA573.900Textual Information(1)
2R Systems International LimitedAABCR9541BR Systems Consulting Services LimitedZZZZZ9999ZSubsidiarySale of goods or servicesNA25.6716.165.45Textual Information(2)
3R Systems International LimitedAABCR9541BR Systems Inc.ZZZZZ9999ZWholly owned subsidiarySale of goods or servicesNA29.796.134.81Textual Information(3)
4R Systems International LimitedAABCR9541BRSYS Technologies LimitedZZZZZ9999ZWholly owned subsidiarySale of goods or servicesNA62.6926.1512.97Textual Information(4)
5R Systems International LimitedAABCR9541BR Systems (Singapore) Pte LtdZZZZZ9999ZWholly owned subsidiarySale of goods or servicesNA19.3717.324.01Textual Information(5)
6R Systems International LimitedAABCR9541BR Systems Computaris International LimitedZZZZZ9999ZWholly owned subsidiarySale of goods or servicesNA1.170.740Textual Information(6)
7R Systems International LimitedAABCR9541BR Systems Computaris Europe SRLZZZZZ9999ZWholly owned subsidiarySale of goods or servicesNA53.3516.588.89Textual Information(7)
8R Systems International LimitedAABCR9541BR Systems IBIZCS Pte. Ltd.ZZZZZ9999ZWholly owned subsidiarySale of goods or servicesNA19.152.610Textual Information(8)
9R Systems International LimitedAABCR9541BPT RSYSTEMS IBIZCS InternationalZZZZZ9999ZWholly owned subsidiarySale of goods or servicesNA3.881.03-15.94Textual Information(9)
10R Systems International LimitedAABCR9541BR Systems Consulting Services (Thailand) Co. Ltd.ZZZZZ9999ZSubsidiarySale of goods or servicesNA02.430Textual Information(10)
11R Systems International LimitedAABCR9541BRSYS Technologies LimitedZZZZZ9999ZWholly owned subsidiaryPurchase of goods or servicesNA55.731.7229.81Textual Information(11)
12R Systems International LimitedAABCR9541BR Systems Computaris International LimitedZZZZZ9999ZWholly owned subsidiaryPurchase of goods or servicesNA13.418.679.11Textual Information(12)
13R Systems International LimitedAABCR9541BRSYS Technologies LimitedZZZZZ9999ZWholly owned subsidiaryAny other transactionReimbursement paidNA3.1400Textual Information(13)
14R Systems International LimitedAABCR9541BR Systems Inc.ZZZZZ9999ZWholly owned subsidiaryAny other transactionReimbursement paidNA20.0412.8112.38Textual Information(14)
15R Systems International LimitedAABCR9541BR Systems (Singapore) Pte LtdZZZZZ9999ZWholly owned subsidiaryAny other transactionReimbursement paidNA13.983.576.4Textual Information(15)
16R Systems International LimitedAABCR9541BR Systems Computaris International LimitedZZZZZ9999ZWholly owned subsidiaryAny other transactionReimbursement paidNA0.1500Textual Information(16)
17R Systems International LimitedAABCR9541BR Systems Consulting Services LimitedZZZZZ9999ZSubsidiaryAny other transactionReimbursement paidNA00.030Textual Information(17)
18R Systems International LimitedAABCR9541BR Systems Consulting Services LimitedZZZZZ9999ZSubsidiaryAny other transactionReimbursement receivedNA3.4602.67Textual Information(18)
19R Systems International LimitedAABCR9541BR Systems Inc.ZZZZZ9999ZWholly owned subsidiaryAny other transactionReimbursement receivedNA2.1218.166.96Textual Information(19)
20R Systems International LimitedAABCR9541BR Systems (Singapore) Pte LtdZZZZZ9999ZWholly owned subsidiaryAny other transactionReimbursement receivedNA0.0500.05Textual Information(20)
21R Systems International LimitedAABCR9541BRSYS Technologies LimitedZZZZZ9999ZWholly owned subsidiaryAny other transactionReimbursement receivedNA0.290.010.2Textual Information(21)
22R Systems International LimitedAABCR9541BR Systems IBIZCS Pte. Ltd.ZZZZZ9999ZWholly owned subsidiaryAny other transactionReimbursement receivedNA0.0300Textual Information(22)
23R Systems International LimitedAABCR9541BR Systems Computaris International LimitedZZZZZ9999ZWholly owned subsidiaryAny other transactionReimbursement receivedNA11.7709.89Textual Information(23)
24R Systems International LimitedAABCR9541BDr. Satinder Singh Rekhi AEWPR5412HManaging Director & Chief Executive Officer (resigned w.e.f. May 10, 2023)RemunerationNA21.0621.730Textual Information(24)
25R Systems International LimitedAABCR9541BLt. Gen. Baldev Singh (Retd.)ASCPS4431PPresident and Senior Executive Director (ceased to be Director & key management personnel w.e.f. May 10, 2023)RemunerationNA5.0520Textual Information(25)
26R Systems International LimitedAABCR9541BMandeep Singh SodhiBEYPS5844HChief Operating Officer – R Systems USA Operations and related to earstwhile Key management personnel (ceased to be related party w.e.f. May 10, 2023)RemunerationNA33.3700Textual Information(26)
27R Systems International LimitedAABCR9541BRamneet Singh Rekhi AJBPR8791FPresident and related to earstwhile Key management personnel (ceased to be related party w.e.f. May 10, 2023)RemunerationNA7.2200Textual Information(27)
28R Systems International LimitedAABCR9541BNand SardanaABLPS2088QChief Financial OfficerRemunerationNA5.952.42.43Textual Information(28)
29R Systems International LimitedAABCR9541BBhasker DubeyBKUPD2115ACompany Secretary & Compliance OfficerRemunerationNA1.2900Textual Information(29)
30R Systems International LimitedAABCR9541BAvirag JainABPPJ1623GDirector & Chief Technology Officer (ceased to be Director & key management personnel w.e.f. May 10, 2023)RemunerationNA5.852.90Textual Information(30)
31R Systems International LimitedAABCR9541BNitesh BansalAAOPB3752AManaging Director & Chief Executive Officer (appointed w.e.f. May 30, 2023)RemunerationNA36.4104.5Textual Information(31)
32R Systems International LimitedAABCR9541BRuchica GuptaAGTPG8710ENon-Executive Independent DirectorAny other transactionSitting FeesNA0.3200Textual Information(32)
33R Systems International LimitedAABCR9541BKapil DhamejaAGNPD4930FNon-Executive Independent DirectorAny other transactionSitting FeesNA0.3200Textual Information(33)
34R Systems International LimitedAABCR9541BAditya WadhwaACAPW9160BNon-Executive Independent DirectorAny other transactionSitting FeesNA0.2500Textual Information(34)
35R Systems International LimitedAABCR9541BDr. Satinder Singh Rekhi & Harpreet RekhiZZZZZ9999ZManaging Director & Chief Executive Officer and his wife (ceased to be related party w.e.f. May 10, 2023)Any other transactionRentNA3.5200Textual Information(35)
36R Systems Inc.AACCR5768BDr. Satinder Singh Rekhi & Harpreet RekhiZZZZZ9999ZManaging Director & Chief Executive Officer and his wife (ceased to be related party w.e.f. May 10, 2023)Any other transactionRentNA2.3500Textual Information(36)
Total value of transaction during the reporting period1036.07