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R S Software (India) has informed the exchanges that it had participated in the reverse online auction conducted by the National Payments Corporation of India for development and operation of platform for EFRM. The company has been ranked as L1 Bidder (lowest bidder) in the reverse online auction, and is now pending award and execution of contract. The stock of R S Software closed at ₹46.10, up 19.90 per cent from its previous close on the BSE.
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