With reference to the Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’), R Systems International has informed that the Board of Directors of the Company in its meeting held on July 11, 2023, commenced at 10:39 am and concluded at 11:04 am has transacted the following businesses: Approved the term loan facilities from Axis Finance and Axis Bank for an amount not exceeding INR 45 Crore and INR 15 Crore, respectively and Constituted the Management Committee of the Board and delegated certain powers of the Board to the Management Committee. The company has attached the details of newly constituted Committee of the Board.
The above information is a part of company’s filings submitted to BSE.
