R Systems International Rose Up to 17%: Announced Strategic Acquisition of Novigo Solutions

On Aug 22, 2025, R Systems shares rose as much as 17%, reaching a day high of 496.95 at 12:55 PM after opening at 459.95 on BSE. The gain in R Systems share price follows the company’s announcement of the acquisition of Novigo Solutions.

The company in the exchange filing dated Aug 21, stated that it had signed a definitive agreement to acquire Novigo Solutions, a fast-growing specialist in low-code/no-code (LCNC) development and intelligent automation services.

Novigo Solutions Acquisition Details

The deal includes an upfront cash payment of ₹400 crore, along with a performance-based stock component tied to Novigo’s future EBITDA milestones. R Systems noted that the acquisition is expected to be accretive to earnings per share (EPS) starting from the first year.

Scope of Novigo Solutions Acquisition

The acquisition positions R Systems as a formidable global player in digital product engineering services, with the combined entity expected to generate ₹2,060 crore in revenue and ₹380 crore in EBITDA. The unified platform will offer end-to-end engineering, deployment, and management of enterprise-scale AI agent ecosystems under a robust governance model.

R Systems highlighted Novigo's strong track record, citing a 44% CAGR in revenue over the past three years, alongside a 25% EBITDA margin and strong free cash flow.

Also Read: Ircon International Share Price in Focus; Dividend Record Date Set for 11 Sept, AGM on 18 Sept 2025

Management Take on Acquisition

Nitesh Bansal, CEO & Managing Director, R Systems: "This is a pivotal moment for R Systems, our clients, and our investors," said Nitesh Bansal, CEO of R Systems. "As enterprises move from pilots to production-grade AI agents which are governed by robust orchestration and compliance frameworks, the acquisition of Novigo Solutions acts as an accelerator in our journey to lead the Agentic AI revolution.

By integrating Novigo’s automation depth into our OptimaAI portfolio, we can now take customers from model engineering to autonomous execution under one roof. It's not just about adding scale; it is about adding synergistic, high-margin capabilities that translate into stronger outcomes for our clients. We are thrilled to welcome the highly talented Novigo team to the R Systems family.

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