R Systems International Ltd.

BSE: 532735 | NSE: RSYSTEMS
Small Cap | IT - Software
393.80
7.80 (2.02%)
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R Systems International gets nod for additional investment in ECnet

Date: 28-04-2012

R Systems International has received an approval for additional investment by way of equity / loan up to Singapore Dollar 500,000 in ECnet, Singapore, a 99.55% subsidiary of the company. The board at its meeting held on April 27, 2012 has approved for the same.

Recently, the company had received an approval for setting up of new business unit in Canada in the form of a branch office of R Systems, Inc., USA which is a wholly owned subsidiary of the company.

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.