R Systems International informs about scheme of arrangement

09 Jan 2019

With reference to regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations) and Uniform Listing Agreement entered into by the company and with reference to letter reference number SECT/12/2018/07 dated December 21, 2018, R Systems International has informed that the Board of Directors of the company has approved the withdrawal of Scheme of Arrangement between the company and its Shareholder and Creditors (Scheme) as pending before the National Company Law Tribunal, New Delhi. In this regard, the company apprise that National Company Law Tribunal, New Delhi vide order dated January 03, 2019 has allowed the withdrawal of said Scheme.

The above information is a part of company's filings submitted to BSE.

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