R Systems International Limited has successfully completed the merger of Velotio Technologies and Scaleworx Technologies, effective May 1, 2026. Consequently, the transferor companies stand dissolved, and R Systems' authorized share capital has been increased to ₹20.70 Crore. The company also amended its Articles of Association to incorporate terms for optionally convertible redeemable preference shares.
R Systems International Limited announced the effectiveness of its merger with Velotio Technologies and Scaleworx Technologies following NCLT approval. The merger became effective on May 1, 2026. Consequently, the company's authorised share capital has been increased to ₹20.70 Crore, and the Transferor companies stand dissolved without winding up.