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R Systems International Ltd.
BSE: 532735 | NSE: RSYSTEMS
Small Cap | IT - Software
382.60
-11.20 (-2.84%) R Systems completes dissolution process of USA step down subsidiary
Date: 28-02-2019R Systems International has completed dissolution process of its step down subsidiary -- ECnet Inc., USA. It has been dissolved with effect from January 28, 2019, in order to optimize the subsidiary structure of ECnet, Singapore (subsidiary of R Systems).
ECnet Inc., USA was subsidiary of ECnet, Singapore (subsidiary of R Systems International). The process of dissolution of ECet Inc., USA was done in compliance with the applicable statutory provisions of USA.
R Systems International is a software product development and BPO services company. They help companies bring products and services to market quicker by using their proprietary pSuite execution framework.