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R Systems is a leading provider of technology, artificial intelligence, analytics and knowledge services. It partners with customers to enable or elevate their digital transformation with diversified digital offerings including product engineering, cloud enablement, quality assurance testing and digital platforms and solutions.
R Systems announced its 32nd Annual General Meeting will be conducted virtually. The Annual Report for FY2025 is available online, with direct access links sent to members without registered email addresses.
R Systems received a total fine of Rs. 10,000 (plus GST) from BSE and NSE for a 17-minute delay in a disclosure upload. The Board attributes this minor delay to portal technical issues, not compliance failure, and will strengthen future upload processes.
R Systems is acknowledged as a Leader in Everest Group's Software Product Engineering Services for Mid-market Enterprises. This highlights strong expertise in AI, cloud-native solutions, and GenAI capabilities, reinforcing its diversified client base across multiple industries.
R Systems acquires Novigo Solutions for ₹400 Cr upfront cash, integrating its product engineering and Agentic AI capabilities. This strategic move creates a combined entity with ₹2,060 Cr revenue and ₹380 Cr EBITDA, enhancing market reach in the Middle East and delivery in South India. EPS accretive from year one.
R Systems has announced a strategic adoption of Anysphere's AI-powered code editor, Cursor, to integrate AI throughout its Software Development Lifecycle. Over 1,000 engineers will use Cursor, targeting a 30% boost in delivery velocity, 25% drop in defect density, and halving engineer onboarding time. A new Co-Innovation Lab will advance...