R Systems International Limited announced the outcome of its Board Meeting held on May 6, 2026. The board approved the audited standalone and unaudited consolidated financial results for the quarter ended March 31, 2026. The meeting also saw the allotment of 5,160,833 optionally convertible redeemable preference shares (OCRPS) to shareholders of Velotio Technologies Private Limited and Scaleworx Technologies Private Limited as part of their amalgamation with R Systems International Limited. This amalgamation was approved by the National Company Law Tribunal, New Delhi, on April 16, 2026, and became effective from May 1, 2026. The company also accepted the resignation of Mr. Bhasker Dubey as Company Secretary & Compliance Officer, effective May 6, 2026. Subsequently, Mr. Piyush Jain was appointed as the new Company Secretary & Compliance Officer, effective May 7, 2026. Mr. Jain has also been authorized for making material disclosures to the stock exchanges.
