19:34 IST
BSE
Acquisition
R Systems International Acquisition
R Systems International Limited received NCLT sanction for the composite scheme of amalgamation of Velotio Technologies and Scaleworx Technologies with itself. The merger, approved under Sections 230-232 of the Companies Act, 2013, will become effective upon fulfilling specific scheme conditions. This consolidation is expected to streamline group operations and enhance business synergies.