R Systems International has informed that as required in terms of applicable provisions of the Listing Regulations that Board of Directors of R Systems International at its meeting held on March 09, 2021 commenced at 10:54 am and concluded at 11:09 am has considered and approved the following: Took note of the National Company Law Tribunal, New Delhi (NCLT) order dated February 01, 2021 approving the scheme of Amalgamation of RightMatch Holdings and R Systems International and their respective shareholders and creditors; Allotment of 8,828,489 equity shares of the Company to the shareholders of RightMatch Holdings pursuant to the scheme of Amalgamation of RightMatch Holdings and R Systems International and their respective shareholders and creditors; and Cancellation & extinguishment of 8,828,489 equity shares of the Company as held by RightMatch Holdings pursuant to the said scheme of Amalgamation.
The above information is a part of company’s filings submitted to BSE.
