YEAR EVENTS 1987 - RSL was incorporated as a Private Limited Company on December 2, under the Companies Act, 1956 and it was converted into a Public Limited Company on February 5, 1992. RSL was promoted by R.R. Jain. 1992 - The Company set up its Hardware facilities in March. It presently specialises in developing commercial application software using IBM Mainframe in the MVS. 1994 - The company has made up front significant investments in building a world class infrastructure, which is state to pay off rewardingly as the company progresses to offshore based solutions from India. - The company has taken a pride in being process driven, where quality is fast becoming a major component of RS organisation culture. - The Company is today the leader in software development in the Eastern Region of India, making it the best choice for people who wish to pursue the high profile career in software export industry. - The company has been appointed "Reengineering Alliance Partner" for Texas Instruments, USA creating a comprehensive strategic relationship to develop enterprisewide software application for worldwide Texa Instrument customers by using TT'S Integrated Computer Aided Software Engineering (I-CASE) solution, the Information Engineering Facility (IEF). 1995 - In November, the infrastructure for the satellite link between Calcutta and California was completed. - The Company was the first in the country to install the IBM 390 Mainframe, and are at present one of the very few to be equipped with an ES 9000. - The Companyis now one of only three software companies in India capable of recruiting and training in the large IBM systems area, while providing total solutions. 1996 - The Company has entered into a strategic alliance with M/s. Software AG. Germany the eighth largest Software Company in the world to bring their global solutions into India through the instrumentality of the Company. - The Company is one of the very few software companies in India that has consistently focused on developing skills in the IBM mainframe area. - The Company has entered into an alliance with Millennium Dynamics Inc. Cincinnati, USA, which is a fully owned subsidiary of Great America Insurance, the 15th largest insurance company in America. - The products currently under development at RS Software will be launched in the global marketplace in the next 12-18 months. 1997 - In the field of Datawarehousing, R S Software has already entered into an alliance with Software AG, Germany, who are amongst the world's top five vendors for this technology. - RS Software became the first company in India to install the IBM 390 architecture large system, doing so within a few months of the product's worldwide launch. - The company also introduced the information engineering facility (IEF) CASE TOOL from Texas Instruments, US, with whom RS software has a re-engineering alliance, again becoming one of the first Indian companies to do so. - The company has its own development centre at the impressive Salt Lake Electronic Complex near Calcutta and is now setting up a separate facility near the existing one. - The company has a full-fledged computer centre with an IBM mainframe and several PC workstations in a local area network (LAN). - The company is now in a strategic alliance with Software AG of Germany to bring their global solutions in India. - The company was set up in 1991 with the vision of emerging as a quality software developer for the international market. - The Calcutta-based R S Software Ltd has emerged as a prominent player in the lucrative software industry. The company is predominantly engaged in mainframe technologies like MVS, Adabase, Cobol, Assembler, IEF, etc. - 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 has tied up with a conversion tool vendor Millennium Dynamics, USA. - The Company has developed a unique concept in the area of testing., a significant part of the total software lifecycle. - The Company is building up a team of persuasive marketers whose agenda will be to provide a platform for major growth in the Company's sales. - 14% and 16% Cumulative Redeemable Preference Shares of the face value of Rs. 3,000,000 and Rs. 5,000,000 were due for redemption at par on 07 March 1997 and 31 March 1998 respectively. 1999 - R.S. Software, one of the major software exporters in the eastern part of the country, has signed a joint venture agreement with Hanover Direct Inc. of the US for setting up a company to develop software, systems and programming for electronic commerce applications in direct marketing, retail industries and general merchandising. - The company has also expanded its technology base by developing capabilities in AS/400, client-server, web and e-commerce. - R S Software (India) has decided to set up a Rs 8-crore software development centre in Calcutta and enter into Internet and electronic commerce applications forays soon. 2000 - The Company, the Calcutta-based offshore service provider, has offered five lakh equity shares under a new employees stock option plans. 2001 - The Company has achieved global benchmarking in the area of best quality practices, accreditation Level-3 of People Capability Maturity Model (PCMM) during Novemer 2000. It is the fifth company worldwide to make it. 2006 -RS Software (India) Ltd Issues Rights in the Ratio of 1:2 2010 -RS Software (India) Ltd has given the Bonus in the Ratio of 28:100 2011 -R.S. Software (India) Ltd has informed that the Board of Directors of the Company have proposed and recommended a Dividend @ 20% to Equity Shareholders. 2012 -R.S. Software (India) Ltd has informed that the Board of Directors of the Company have proposed and recommended a Dividend @ 20% i.e. Rs. 2/- per share. 2013 -R.S. Software (India) Ltd has informed that the Board of Directors of the Company have recommended Final Dividend for the Financial Year 2012-13 @ 20% i.e. Rs. 2 per share to the Equity Shareholders of the Company. 2014 -R.S. Software (India) Ltd has informed that the Board of Directors of the Company has recommended Total Dividend of 60% (including an interim dividend of 35%) to the Equity SharehoIders of the Company. 2015 -NPCI assigns RS Software to build Digital Payments Enablement Platform -NPCI to ease inter-mobile payment transactions -National Payments Corporation of India has awarded a contract to RS Software to build a digital payments enablement platform -RS Software (India) has splits its face value from Rs. 10 to Rs. 5 2016 -The Company has secured projects from National Payments Corporation (NPCI) valued around Rs 36 crore.