Software company R Systems International Ltd announced on Friday (March 6) that it has declared an interim dividend of ₹6 per equity share of Re. 1 each, equivalent to 600%, for the financial year 2026. According to reports from CNBC TV18, the interim dividend will be paid on or before April 4, 2026, with the record date for determining shareholders' entitlement set as March 12, 2026. The board approved the dividend at its meeting held on March 6, 2026.
Shares of R Systems International Ltd ended at ₹260.40, gaining ₹0.90 or 0.35% on the BSE on Friday. As reported by CNBC TV18, this positive market response followed the company's dividend announcement, indicating investor confidence in the company's financial performance and dividend distribution strategy.
Last year, R Systems International Ltd entered into a definitive agreement to acquire Novigo Solutions, a specialist in low-code/no-code (LCNC) development and intelligent-automation services. According to the company's exchange filing reported by CNBC TV18, the upfront cash consideration for the transaction is ₹400 crore, with additional stock consideration linked to future EBITDA achievement. The acquisition will be earnings-per-share accretive for R Systems from the first year.
The acquisition creates a global digital product engineering services powerhouse with ₹2,060 crore revenue and ₹380 crore EBITDA, offering engineering, deployment and management of enterprise-scale fleets of AI agents under a single, governed platform. As reported by CNBC TV18, Novigo's revenue grew at a compound annual growth rate (CAGR) of 44% over the last three years with 25% EBITDA margin and healthy free cash flow. The acquisition will integrate R Systems' OptimaAI Suite with Novigo's UiPath Diamond-tier automation practice and Microsoft Copilot Centre of Excellence.
The acquisition will help R Systems expand its offerings in the Middle East region and gain delivery presence in Bengaluru and tier-2 cities such as Mangalore. Established in 1993, R Systems is a leading provider of digital IT services, particularly within the product engineering space, and counts Amazon Web Service, Microsoft, and Google Cloud among its key clients. The company operates 18 delivery centres across North America, Europe, Asia Pacific and India.
