R Systems International Limited
Carnelian Asset Management, which last reported a 1.04 percent stake in R Systems International Limited, has disappeared from the company's latest disclosed shareholder list, indicating either a complete exit or a reduction to below the 1 percent reporting threshold.
A technology services company providing artificial intelligence, analytics and knowledge services to enterprises globally. R Systems partners with customers to enable or elevate their digital transformation through diversified offerings including product engineering, cloud enablement, quality assurance testing and custom digital platforms and solutions. The company serves organizations across multiple industries seeking to modernize their technology infrastructure and operations.
Mumbai based investment manager founded in 2019 by Vikas Khemani, former chief executive of Edelweiss Securities, together with Manoj Bahety and Swati Khemani. It runs portfolio management services, Category III alternative investment funds and offshore strategies spanning small, mid and large caps. Stock selection follows a proprietary MCO framework that sorts ideas into Magic, meaning companies re-rating on a management change, industry shift or new product, Compounders with durable moats and steady growth, and Opportunistic special situations. This is paired with the forensic accounting work Manoj Bahety is known for through his Analysis Beyond Consensus approach. Its main vehicles include the Structural Shift Fund, which targets the manufacturing and technology cycles, and the Bharat Amritkaal Fund, a long only flexi cap strategy. The firm has also received approval to enter the mutual fund business.
