CORPORATE DISCLOSURE UNDER SEBI (LISTING OBLIGATIONS & DISCLOSURE REQUIREMENTS) REGULATIONS, 2015 FOR BUSINESS APPROVED AT THE BOARD MEETING This is with reference to Regulation 30, 44 and other applicable provisions of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations') and Uniform Listing Agreement entered into by R Systems International Limited (the 'Company'). We wish to inform you that the equity shareholders of the Company at National Company Law Tribunal convened meeting held on May 05, 2018 at Air Force Auditorium, Subroto Park, New Delhi -110 010 have approved the scheme of Amalgamation between GM Solutions Private Limited ('Transferor Company') and R Systems International Limited ('Transferee Company') and their respective shareholders and creditors. (As per BSE Announcement date on 05/05/2018) This is to inform you that Board of Directors of R Systems Int. Ltd. at its meeting held on 21.12.2018 commenced at 9:40 A.M. and concluded at 11:30 A.M. has inter alia considered and approved the following: (1)Took note of the National Company Law Tribunal, New Delhi ('NCLT') order dated 07.12.2018 approving the scheme of Amalgamation of GM Solutions Pvt. Ltd. and R Systems International Ltd. and their respective shareholders and creditors. (2)Amend the Capital Clause of MOA of the Company pursuant to the said scheme of Amalgamation. (3)Allotment of 29,746,353 equity shares of the Comapny to the shareholders of GM Solutions Pvt. Ltd. pursuant to the said scheme of Amalgamation. (4)Cancellation & extinguishment of 29,746,353 equity shares of the Company as held by GM Solutions Pvt. Ltd. pursuant to the said scheme of Amalgamation. (5) Withdrawal of Scheme of Arrangement between R Systems International Ltd. and its Shareholder and Creditors as pending before the NCLT, New Delhi. (As Per BSE Announcement Dated on 21.12.2018)