R Systems Amalgamates Velotio and Scaleworx Effective May 1

NCLT sanctioned composite amalgamation scheme of Velotio and Scaleworx with R Systems International effective May 1, 2026.
Authorized share capital increased to ₹20.70 crore with 20.18 crore equity and 52 lakh preference shares of ₹1 each.
Company to allot OCRPS to shareholders of amalgamating companies as per record date of April 17, 2026.
Board meeting scheduled for May 6, 2026 to consider allotment of optionally convertible redeemable preference shares.