R S Software India Ltd. — Capital/Financing Update 2021

May 27, 2021

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May 27, 2021

The General Manager Department of Corporate Services, Bombay Stock Exchange Ltd., 1st Floor, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001

Dear Sir,

Dear Sir,

Sub: Financial assistance received by the company from US government to help with the impact of the Covid-19, and strengthen the company’s cashflows

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.

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The company benefits from this grant and this amount will be reflected in the financials of the company.

This is for your kind information.

Thanking you,

Yours faithfully, For R S Software (India) Limited Vijendra Surana CFO & Company Secretary