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R Systems Secures NCLT Nod to Amalgamate Velotio and Scaleworx

Story Highlights
  • R Systems won NCLT approval to amalgamate Velotio and Scaleworx, pending conditions.
  • The sanctioned merger is expected to streamline operations and bolster R Systems’ IT services scale.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
R Systems Secures NCLT Nod to Amalgamate Velotio and Scaleworx

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An announcement from R Systems International Limited ( (IN:RSYSTEMS) ) is now available.

R Systems International Limited has received sanction from the National Company Law Tribunal, New Delhi Bench, for a composite scheme to amalgamate Velotio Technologies Private Limited and Scaleworx Technologies Private Limited into the company. The merger will become effective once specified conditions in the scheme are fulfilled, paving the way for integration of the transferor companies’ operations and potentially strengthening R Systems’ scale and capabilities in its core technology services business.

The tribunal’s order, issued on April 16, 2026, marks a key regulatory milestone in a process first disclosed in earlier company communications over 2024 and 2025. With the certified copy of the order awaited and details hosted on regulatory and company websites, stakeholders now have greater visibility on the progress of the transaction, which is expected to streamline the group’s structure and may enhance its competitive positioning in the IT and ITES market.

More about R Systems International Limited

R Systems International Limited is an India-based IT and IT-enabled services provider, operating from New Delhi and Greater Noida with a focus on technology solutions for global clients. The company is listed on both the National Stock Exchange of India and BSE, and it pursues growth through strategic acquisitions and amalgamations in the software and digital services space.

Average Trading Volume: 281,795

Technical Sentiment Signal: Hold

Current Market Cap: 31.98B INR

Find detailed analytics on RSYSTEMS stock on TipRanks’ Stock Analysis page.

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