R Systems International (RSIL) has received an approval for the offer of buy-back of its own shares by Computaris International, UK, which is a wholly owned subsidiary (WOS) of the company, subject to statutory compliances and approvals, as may be applicable. The board of directors at its meeting held on July 07, 2014 has approved for the same.
Besides, Computaris International, UK, will purchase its own 13,500 shares constituting 16.88% held by RSIL and even after the said purchase of its own shares, Computaris International will still continue to be 100% subsidiary of RSIL.
R Systems International is a software product development and BPO services company. It helps companies bring products and services to market quicker by using its proprietary suite execution framework.
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TCS | 3804.90 |
Infosys | 1411.25 |
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