Ramco Systems appointed Sandesh Bilagi as Chief Executive Officer effective July 02, 2026, to lead its next phase of global growth and transformation into an AI-native enterprise software company. Bilagi, who previously served as President & Chief Operating Officer, succeeds the former leadership after delivering six consecutive quarters of operational profit through FY2026. The appointment was approved by the Board of Directors based on the recommendations of the Nomination and Remuneration Committee.

Bilagi brings over two decades of experience in enterprise technology, having built and scaled businesses across sales, delivery, and operations. He founded Ramco’s Australia & New Zealand business, which is now one of the company's strongest markets. His tenure includes steering the organization through two leadership transitions and maintaining stability during the COVID-19 pandemic by combining commercial discipline with delivery excellence.

Prior to joining Ramco Systems, Bilagi held leadership positions at HCL Technologies and Tech Mahindra. He has a track record of driving strategic growth, establishing offshore development centres, and closing landmark engagements, including deals worth over USD 550 million with leading Australian corporations. A Chartered Accountant from the Institute of Chartered Accountants of India and a CPA from CPA Australia, he holds a Bachelor of Commerce from Karnatak University, Dharwad.

Appointment Details

The Board's decision was formalized under Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. The following table outlines the key details of the appointment:

P.R. Venketrama Raja, Chairman, Ramco Systems, stated that the company has emerged stronger with six straight quarters of operational profit, evidence of a genuine turnaround. P.V. Abinav Ramasubramaniam Raja, Managing Director, added that Bilagi combines a builder's instinct with an operator's rigour to accelerate global expansion and embed AI at the core of products. Bilagi expressed his commitment to sustaining profitability and driving global growth across HR & Global Payroll, Aviation, ERP, Logistics, and Chia product lines.

Ramco Systems Limited's promoter group has confirmed that no shares or assets were encumbered during the financial year 2025-26. P R Venketrama Raja, Promoter of the Company, submitted the declaration on behalf of himself and the members of the promoter group to the National Stock Exchange of India Ltd and BSE Ltd. The disclosure confirms that there were no direct or indirect encumbrances made by the group throughout the specified period.

The filing was made pursuant to Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The promoter provided two copies of the disclosure, one including PAN details and another without, as advised by the exchanges. The declaration was signed and submitted in Chennai on April 04, 2026.

The disclosure identifies 18 entities and individuals falling under the category of Promoter or Promoter Group. The list includes Ramco Industries Limited, The Ramco Cements Limited, and Rajapalayam Mills Limited, alongside other group entities and individual family members associated with the promoter.

Promoter and Promoter Group Details