R S Software (India) Ltd
NSE: RSSOFTWARE BSE: 517447
₹27.93
-0.44 (1.55%)
Wed, 28 Oct 2026, 09:59 pm
Market Cap (in Cr)73.1
PE Ratio0
Dividend0
Technology Services
Packaged Software
24.5KR S Software (India) Ltd 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.
