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R Systems International gets nod for scheme of amalgamation

25 Sep 2017 Evaluate

R Systems International has received an approval for the Scheme of Amalgamation between GM Solutions and the company and their respective shareholders and creditors. The Board of Directors of the company at their meeting held on September 22, 2017 has approved the same.

GM Solutions holds 29,746,353 equity shares constituting about 24% of R Systems International and is a part of promoter group of R Systems.

R Systems International is a software product development and BPO services company. They help companies bring products and services to market quicker by using their proprietary pSuite execution framework.

Peers
Company Name CMP
TCS 2083.95
Infosys 1000.95
HCL Technologies 1259.40
Wipro 164.15
Tech Mahindra 1547.00
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