R Systems Amalgamation Scheme Effective; Capital Increased

R Systems International Ltd announced that the Composite Scheme of Amalgamation of Velotio Technologies Private Limited and Scaleworx Technologies Private Limited with the company has become effective from May 1, 2026. This follows the sanction order passed by the Hon’ble National Company Law Tribunal, New Delhi Bench, on April 16, 2026. Consequently, Velotio Technologies and Scaleworx Technologies stand dissolved. The effectiveness of the scheme has led to an alteration in R Systems' Memorandum of Association, increasing its authorized share capital to ₹20.70 crore, divided into equity and preference shares. The Articles of Association have also been amended to incorporate terms for optionally convertible redeemable preference shares (OCRPS). The Board of Directors will consider the allotment of OCRPS to existing shareholders of Velotio Technologies on May 6, 2026.