R Systems International Board Approves Q4 FY26 Results, Appoints New Company Secretary
R Systems International approved Q4 FY26 results. The company allotted 5,160,833 OCRPS as part of the Velotio and Scaleworx amalgamation. Mr. Bhasker Dubey resigned as Company Secretary, and Mr. Piyush Jain was appointed as his replacement, effective May 7, 2026.
The appointment of a new Company Secretary and Compliance Officer, along with the formalization of disclosures, has a medium-term impact on corporate governance and compliance. The financial results themselves are standard reporting.
The announcement details the approval of financial results and routine corporate actions like appointments and resignations, with no significant positive or negative financial performance indicators highlighted beyond the standard reporting of results.
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.
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R Systems International Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by R Systems International Limited. Read the original for the full detail.