RS Software (India): Outcome of Board Meeting

R.S. Software (India) Ltd has informed BSE that the Board of Directors of the Company at its meeting held on October 18, 2013, inter alia, approved the following by passing resolution to the effects:

1. Allotment of 45000 Equity Shares of Rs. 10/- each as fully paid -up to 3 (three) Non-Executive Independent Directors of the Company @ 15000 Equity Shares each, who have exercised their Options under the Employees Stock Option Plan (ESOP).

2. Allotment of 7500 Equity Shares of Rs. 10/- each as fully paid-up to 2 (two) Senior Management Employees of the Company @ 3750 Equity Shares each, who have exercised their Options under the Employees Stock Option Plan (ESOP).