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R S Software (India) Ltd logo

R S Software (India) Ltd

NSE: RSSOFTWARE BSE: 517447

₹37.66

(-0.48%)

Wed, 25 Feb 2026, 05:36 am

Company History

1987

  • RSL was incorporated as a Private Limited Company on December 2.

1992

  • The Company set up its Hardware facilities in March.
  • The Company was converted into a Public Limited Company on February 5.

1994

  • The company made significant investments in building a world-class infrastructure.
  • The company became process-driven with quality as a major component of its organisation culture.
  • The Company was appointed Reengineering Alliance Partner for Texas Instruments, USA.

1995

  • The infrastructure for the satellite link between Calcutta and California was completed in November.
  • The Company installed the IBM 390 Mainframe.
  • The Company became one of only three software companies in India capable of recruiting and training in the large IBM systems area.

1996

  • The Company entered into a strategic alliance with M/s. Software AG, Germany.
  • The Company entered into an alliance with Millennium Dynamics Inc, Cincinnati, USA.
  • The products under development at RS Software were to be launched in the global marketplace in the next 12-18 months.

1997

  • RS Software entered into an alliance with Software AG, Germany, for Datawarehousing.
  • RS Software became the first company in India to install the IBM 390 architecture large system.
  • The company introduced the information engineering facility (IEF) CASE TOOL from Texas Instruments, US.
  • The company set up a separate development facility near the existing one.
  • 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 tied up with a conversion tool vendor Millennium Dynamics, USA.
  • The Company developed a unique concept in the area of testing.
  • The Company built up a team of persuasive marketers.
  • 14% and 16% Cumulative Redeemable Preference Shares were due for redemption at par on 07 March 1997 and 31 March 1998 respectively.

1999

  • R.S. Software signed a joint venture agreement with Hanover Direct Inc. of the US for setting up a company to develop software for electronic commerce applications.
  • The company expanded its technology base by developing capabilities in AS/400, client-server, web and e-commerce.
  • R S Software (India) decided to set up a Rs 8-crore software development centre in Calcutta.

2000

  • The Company offered five lakh equity shares under a new employees stock option plan.

2001

  • The Company achieved global benchmarking in the area of best quality practices, accreditation Level-3 of People Capability Maturity Model (PCMM).

2006

  • RS Software (India) Ltd issued Rights in the Ratio of 1:2

2010

  • RS Software (India) Ltd gave a Bonus in the Ratio of 28:100

2011

  • The Board of Directors proposed and recommended a Dividend at 20% to Equity Shareholders.

2012

  • The Board of Directors proposed and recommended a Dividend at 20% to Equity Shareholders.

2013

  • The Board of Directors recommended Final Dividend for the Financial Year 2012-13 at 20% to the Equity Shareholders of the Company.

2014

  • The Board of Directors recommended Total Dividend of 60% to the Equity Shareholders of the Company.

2015

  • NPCI assigned RS Software to build Digital Payments Enablement Platform
  • National Payments Corporation of India awarded a contract to RS Software to build a digital payments enablement platform
  • RS Software (India) split its face value from Rs. 10 to Rs. 5

2016

  • The Company secured projects from National Payments Corporation (NPCI) valued around Rs 36 crore.

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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800