Pursuant to Regulation 30 of the SEBI (LODR) Regulations 2015 we wish to inform that R S Software (India) Limited at its USA Branch received special assistance under Paycheck Protection Program (PPP) of the United States Federal Government.
A business loan of $ 876 350 (equivalent to~ Rs. 648 Lacs) was received at a nominal interest rate of 1% during FY21 and now we have received the permission that waives off a significant amount of this loan. An amount of US$ 344560.54 (equivalent to ~ Rs 255 Lacs) along with interest of US$ 3646.60 has been waived.
The company benefits from this grant and this amount will be reflected in the financials of the company.
Ask Value Research 
New Process Alert 
Seems like you've uploaded a wrong QR code. Please upload the QR code downloaded from MF Central platform.
