SUBMISSION OF SCRUTINIZER'S REPORT AND THE VOTING RESULTS OF THE MEETING OF EQUITY SHAREHOLDERS AND UNSECURED CREDITORS OF R SYSTEMS INTERNATIONAL LIMITED ("THE COMPANY") HELD PURSUANT TO THE DIRECTIONS OF THE HON'BLE NATIONAL COMPANY LAW TRIBUNAL, NEW DELHI BENCH ON JULY 31, 2025
RSYSTEMS · price
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R Systems International Limited held meetings of its equity shareholders and unsecured creditors on July 31, 2025, as directed by the NCLT New Delhi Bench, to vote on the composite scheme of amalgamation of Velotio Technologies Private Limited and Scaleworx Technologies Private Limited with R Systems. Equity shareholders approved the scheme overwhelmingly, with 9,78,91,147 votes in favor (99.99867%) and only 1,300 votes against, with 82.69% of total equity shares participating in voting. Unsecured creditors (57 in number) approved the scheme unanimously with 100% in favor, representing ~₹10.17 crore of debt out of ~₹30.98 crore total unsecured debt. Both resolutions passed with more than the three-fourths majority required under Section 230(6) of the Companies Act, 2013. Promoters (holding 6,14,33,005 shares) voted entirely in favor, and public shareholders also approved with 99.99643% support.
Positive development — the near-unanimous approvals from both equity shareholders and unsecured creditors clear a major regulatory hurdle, making NCLT final sanction of the amalgamation highly likely and enabling R Systems to absorb Velotio and Scaleworx into its operations.