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R Systems International LimitedOthers, 31-07-2025: Shareholders meeting

31-07-2025 | 07:25 pm

R Systems International held a meeting of its unsecured creditors to consider and approve the proposed Scheme of Amalgamation. This scheme involves the merger of Velotio Technologies Private Limited and Scaleworx Technologies Private Limited with R Systems International. The meeting, convened as per NCLT orders, initially faced a quorum shortfall but proceeded after a brief adjournment with the attendees constituting the required quorum. Creditors had the option to cast their votes electronically both prior to and during the meeting. The results of this e-voting, crucial for the merger's progression, will be shared with stock exchanges and uploaded on the company's website.

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