Board of R Systems International announces 2nd interim dividend

At meeting held on 26 July 2014

R Systems International announced that the Board of Directors of the Company at its meeting held on 26 July 2014, inter alia, has approved the following:

1. Payment of second interim dividend for the year 2014 at the rate of Re. 0.50 (Fifty Paisa only) per equity share of Re. 1/- each. Second Interim Dividend will be paid on 21 August 2014.

2. Proposal for transfer of IT Products and Services Business located at Pune and Chennai (Indus Business Unit) of the Company to R Systems Products & Technologies, a Wholly Owned Subsidiary of R Systems International subject to the necessary approval of the shareholders and other competent authorities, to pursue further sale of the said Indus Business Unit.

3. The Notice for passing of resolution through Postal Ballot seeking approval of the shareholders pursuant to Section 110 of the Companies Act, 2013 for the purpose of aforementioned transfer of Indus Business Unit to wholly owned subsidiary of the Company i.e. R Systems Products & Technologies and appointment of Sanjay Grover, Practising Company Secretary as Scrutinizer for conducting the postal ballot.

4. Appointment of Ruchica Gupta as member of Audit Committee and Corporate Social Responsibility Committee of the Board.

5. Appointment of Amardeep Singh as member of Nomination & Remuneration Committee of the Board.

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