Ramco Systems Limited has announced the allotment of 97,747 equity shares under its Employee Stock Option Schemes (ESOS) on April 29, 2026. The allotment was approved by the Stakeholders Relationship Committee of the Board during its meeting held on the same day.

Share Allotment Details

The allotment encompasses shares from three different Employee Stock Option Schemes operated by the company. The breakdown includes the exercise of stock options across multiple schemes spanning nearly a decade.

Impact on Share Capital

The allotment has resulted in a significant increase in the company's equity base. Each allotted share carries a face value of Rs.10, contributing to the overall expansion of the paid-up capital.

Executive Allocations

Among the 97,747 equity shares allotted, key management personnel received specific allocations as part of the exercise:

• Mr. Raghuveer Sandesh Bilagi, Chief Operating Officer: 18,000 equity shares
• Mr. R Ravi Kula Chandran, Chief Financial Officer: 3,750 equity shares

Regulatory Compliance and Next Steps

The allotment was conducted under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Ramco Systems has indicated that it will apply for listing and trading permission for the newly allotted shares shortly. The company has also hosted the intimation on its official website at www.ramco.com to ensure transparency and compliance with disclosure requirements.

This share allotment reflects the company's commitment to its employee incentive programs and demonstrates the exercise of stock options across multiple schemes by eligible employees and key management personnel.

Ramco Systems has officially announced the successful go-live of its Aviation Suite at Korean Air's Engine Maintenance Center through a press release filed under Regulation 30. The implementation marks a significant milestone in Korean Air's digital transformation journey, positioning the South Korean flag carrier for enhanced operational efficiency in its engine maintenance operations.

Official Implementation Announcement

The company filed the press release on April 15, 2026, with both NSE and BSE, confirming the successful deployment at Korean Air's facility. This strategic implementation equips Korean Air with a future-ready, scalable platform designed to streamline complex operations and support the expansion of its world-class engine maintenance capabilities.

Comprehensive Digital Transformation

The Aviation Suite implementation encompasses multiple operational areas including Engine Maintenance, Finance, Customer Support, and Billing. The solution integrates seamlessly with Korean Air's existing systems, including their Automated Storage Retrieval System for efficient warehouse management, while connecting the airline with customers and suppliers through industry-standard technologies.

Strategic Leadership Perspectives

Chan Woo Jung, Senior Vice President and Head of Maintenance & Engineering Division at Korean Air, emphasized that this milestone represents a bold step toward redefining aviation industry operations. The partnership with Ramco enables a digital-first approach that allows Korean Air to scale with confidence and deliver exceptional value in engine maintenance operations.

Sam Jacob, Executive Vice President & SBU Head – Aviation, Aerospace and Defense at Ramco Systems, highlighted the honor of working with Korean Air to digitally transform their engine maintenance operations. The implementation focuses on real-time visibility, mobile-first workflows, and seamless integration to enable industry leadership.

Market Position and Global Reach

Ramco Aviation Software serves 24,000+ users managing 4,000+ aircraft globally across 90+ aviation organizations. The solution supports top airlines, third-party MROs, large helicopter operators, leading defense organizations, and major Urban Air Mobility companies worldwide. The cloud-based platform provides accessibility through 'Anywhere Apps', significantly accelerating organizational efficiency and agility.