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R Systems International approves allotment of shares
Date: 06-08-2012R Systems International has informed the board of directors of the company at its meeting held on August 05, 2012, has approved the allotment of 28,750 equity shares of Rs. 10 each at the price of Rs. 120.70 per share pursuant to the exercise of the stock options granted to the employees of the company & its subsidiaries under R Systems International Limited Employee Stock Option Scheme 2007.
Further, the board approves appointment of Anuj Kanish as member of audit committee, remuneration committee and committee of independent directors for open offer, as an alternate director to Gurbax Singh Bhasin, non executive independent director
The above information is a part of company's filings submitted to BSE.