RS Software (India) Ltd.

YEAR                                                    EVENTS
 1987 - RSL was incorporated as a Private Limited Company on December
 2,
        under the Companies Act, 1956 and it was converted into a
 Public
        Limited Company on February 5, 1992.  RSL was promoted by
 R.R.
        Jain.
 
 1992 - The Company set up its Hardware facilities in March.  It
        presently specialises in developing commercial application
        software using IBM Mainframe in the MVS.
 
 1994 - The company has made up front significant investments in
 building
        a world class infrastructure, which is state to pay off
        rewardingly as the company progresses to offshore based
 solutions
        from India.
 
      - The company has taken a pride in being process driven, where
        quality is fast becoming a major component of RS organisation
        culture.
 
      - The Company is today the leader in software development in
 the
        Eastern Region of India, making it the best choice for people
 who
        wish to pursue the high profile career in software export
        industry.
 
      - The company has been appointed Reengineering Alliance Partner
        for Texas Instruments, USA creating a comprehensive strategic
        relationship to develop enterprisewide software application
 for
        worldwide Texa Instrument customers by using TT'S Integrated
        Computer Aided Software Engineering (I-CASE) solution, the
        Information Engineering Facility (IEF).
 
 1995 - In November, the infrastructure for the satellite link
 between
        Calcutta and California was completed.
 
      - The Company was the first in the country to install the IBM
 390
        Mainframe, and are at present one of the very few to be
 equipped
        with an ES 9000.
 
      - The Companyis now one of only three software companies in
 India
        capable of recruiting and training in the large IBM systems 
        area, while providing total solutions.
 
 1996 - The Company has entered into a strategic alliance with M/s.
        Software AG. Germany the eighth largest Software Company in
 the
        world to bring their global solutions into India through the
        instrumentality of the Company.
 
      - The Company is one of the very few software companies in
 India
        that has consistently focused on developing skills in the IBM
        mainframe area.
 
      - The Company has entered into an alliance with Millennium
 Dynamics
        Inc. Cincinnati, USA, which is a fully owned subsidiary of
 Great
        America Insurance, the 15th largest insurance company in
 America.
 
      - The products currently under development at RS Software will
 be 
        launched in the global marketplace in the next 12-18 months.
 
 1997 - In the field of Datawarehousing, R S Software has already
 entered
        into an alliance with Software AG, Germany, who are amongst
 the
        world's top five vendors for this technology.
 
      - RS Software became the first company in India to install the
 IBM
        390 architecture large system, doing so within a few months
 of
        the product's worldwide launch.
 
      - The company also introduced the information engineering
        facility (IEF) CASE TOOL from Texas Instruments, US, with
 whom
        RS software has a re-engineering alliance, again becoming one
        of the first Indian companies to do so.
 
      - The company has its own development centre at the impressive
 Salt
        Lake Electronic Complex near Calcutta and is now setting up a
        separate facility near the existing one.
 
      - The company has a full-fledged computer centre with an IBM
        mainframe and several PC workstations in a local area network
        (LAN).
 
      - The company is now in a strategic alliance with Software AG
 of
        Germany to bring their global solutions in India.
 
      - The company was set up in 1991 with the vision of emerging as
 a
        quality software developer for the international market.
 
      - The Calcutta-based R S Software Ltd has emerged as a
 prominent
        player in the lucrative software industry.  The company is
        predominantly engaged in mainframe technologies like MVS,
        Adabase, Cobol, Assembler, IEF, etc.
 
      - The company entered into a strategic alliance with Newell and
        Budge to garner a large share of European customised software
        market in the IBM mainframe segment.
 
 1998 - RSSL has tied up with a conversion tool vendor Millennium
        Dynamics, USA.
 
      - The Company has developed a unique concept in the area of
        testing., a significant part of the total software lifecycle.
 
 
      - The Company is building up a team of persuasive marketers
 whose
        agenda will be to provide a platform for major growth in the
        Company's sales.
 
      - 14% and 16% Cumulative Redeemable Preference Shares of the
 face
        value of Rs. 3,000,000 and Rs. 5,000,000 were due for
 redemption
        at par on 07 March 1997 and 31 March 1998 respectively.
 
 1999 - R.S. Software, one of the major software exporters in the
        eastern part of the country, has signed a joint venture
        agreement with Hanover Direct Inc. of the US for setting up a
        company to develop software, systems and programming for
        electronic commerce applications in direct marketing, retail
        industries and general merchandising.
 
      - The company has also expanded its technology base by
 developing
        capabilities in AS/400, client-server, web and e-commerce.
 
      - R S Software (India) has decided to set up a Rs 8-crore
 software
        development centre in Calcutta and enter into Internet and
        electronic commerce applications forays soon.
 
 2000 - The Company, the Calcutta-based offshore service provider,
 has
        offered five lakh equity shares under a new employees stock
        option plans.
 
 2001 - The Company has achieved global benchmarking in the area of
 best quality
              practices, accreditation Level-3 of People Capability
 Maturity Model (PCMM)
             during Novemer 2000.  It is the fifth company worldwide
 to make it.
 
 2006
 -RS Software (India) Ltd Issues Rights in the Ratio of 1:2
 
 2010
 
 -RS Software (India) Ltd has given the Bonus in the Ratio of 28:100
 
 2011
 
 -R.S. Software (India) Ltd has informed that the Board of Directors
 of the Company have proposed and recommended a Dividend @ 20% to
 Equity Shareholders.
 
 2012
 
 -R.S. Software (India) Ltd has informed that the Board of Directors
 of the Company have proposed and recommended a Dividend @ 20% i.e.
 Rs. 2/- per share.
 
 2013
 
 -R.S. Software (India) Ltd has informed that the Board of Directors
 of the Company have recommended Final Dividend for the Financial Year
 2012-13 @ 20% i.e. Rs. 2 per share to the Equity Shareholders of the
 Company.
 
 2014
 
 -R.S. Software (India) Ltd has informed that the Board of Directors
 of the Company has recommended Total Dividend of 60% (including an
 interim dividend of 35%) to the Equity SharehoIders of the Company.
 
 2015
 
 -NPCI assigns RS Software to build Digital Payments Enablement
 Platform
 -NPCI to ease inter-mobile payment transactions
 -National Payments Corporation of India has awarded a contract to RS
 Software to build a digital payments enablement platform
 -RS Software (India) has splits its face value from Rs. 10 to Rs. 5
 
 2016
 
 -The Company has secured projects from National Payments Corporation
 (NPCI) valued around Rs 36 crore.