R Systems International Limited Completes Amalgamation with Velotio and Scaleworx Technologies
R Systems International Limited's amalgamation with Velotio Technologies and Scaleworx Technologies is effective May 1, 2026. The company's authorized share capital increases to ₹20.70 crore. An allotment of optionally convertible redeemable preference shares will be considered on May 6, 2026.
The amalgamation is a major corporate restructuring event that will alter the company's capital structure and operational footprint.
The amalgamation is a significant corporate action that is expected to bring strategic benefits and growth to the company.
R Systems International Limited has announced the successful amalgamation of Velotio Technologies Private Limited and Scaleworx Technologies Private Limited. The Board of Directors, via a resolution passed through circulation on May 1, 2026, has acknowledged the order dated April 16, 2026, from the National Company Law Tribunal, New Delhi Bench, which sanctioned the composite scheme of amalgamation.
The certified copy of the order was filed with the Registrar of Companies on May 1, 2026, making the scheme effective from the same date. The appointed date for the amalgamation was April 1, 2024.
As a result of the scheme becoming effective, Velotio Technologies Private Limited and Scaleworx Technologies Private Limited stand dissolved without winding up. The Memorandum of Association of R Systems International Limited has been altered, increasing its authorized share capital to ₹20,70,00,000 (Rupees Twenty Crore and Seventy Lakhs), divided into 20,18,00,000 equity shares and 52,00,000 preference shares, each of ₹1. Additionally, the Articles of Association have been amended and restated to incorporate the terms governing optionally convertible redeemable preference shares (OCRPS).
The Board of Directors will consider the allotment of OCRPS at a meeting scheduled for May 6, 2026. These OCRPS, if allotted, will be issued to the existing shareholders of Velotio Technologies Private Limited, based on their beneficial ownership as of April 17, 2026, which was determined as the record date.
What to do with a filing like this
R Systems International Limited filed this with the NSE as a statutory disclosure, categorised under amalgamation. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
That call is the part a filing cannot make for you. On RealCase, SEBI-registered research analysts and investment advisers read announcements like this one and turn the ones that matter into actions inside their model portfolios: a change in weight, a hold, or nothing at all. You are not left working out which of the roughly 250 filings published each day needs a response. The portfolio you follow is updated when a filing actually warrants it, with the reason written down.
See the model portfoliosA plain-language summary of a public exchange filing by R Systems International Limited. Read the original for the full detail.